Q. I have been in the service 15 years and plan on being in for at least five to nine more years. I have been putting in 26 percent monthly to the Thrift Savings Plan for the past five years. I have three Roth IRAs, as well. Should I start the Roth TSP, put in $13,000 to $15,000 a year, continue my Roth IRAs and move all my funds from my regular TSP to Roth TSP?
A. I can’t tell you what you should do, since I don’t know enough about your situation to do so responsibly. In general, I recommend that participants max out their traditional TSP contributions before contributing to a Roth IRA.