Employer contributions and Roth TSP

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Q. I haven’t seen any discussion on the employer contribution portion as it relates to the new Roth Thrift Savings Plan option. Is their contribution also part of the Roth TSP, or will it continue to be placed in the regular TSP?

A. Employer contributions will flow into the traditional TSP.

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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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