Q. If I have both a traditional and a Roth TSP, can I elect to have all of my contributions (6 percent) go to the Roth account, and still receive the 5 percent matching contributions (FERS employee) that I have been receiving? Is there a required minimum of my contributions that must go to the traditional account?
A. The matching formula applies to all of your deferral contributions, Roth or traditional.
1 Comment
Q1: Answer – Yes.
Q2: Answer – No.
You receive the 5% matching as long as you contribute at least 5%. Where you put your 5% (Roth or traditional) does not matter – you still get the 5% matching.
You should consider placing more than 6% in your TSP account.