Is a Roth IRA one of your New Years resolutions? If not, why not?
Ask yourself if, when you start tapping your TSP you’ll be glad you invested pre-tax, or do you wish you had taken the Roth option?
The Federal Retirement Thrift Investment Board,
which manages the TSP, is mulling whether to add
a new option to federal employees’ (401)k-style
retirement plan: a mutual fund window. The
mutual fund window would allow participants to
move investments out of the TSP funds they’ve
invested in and into a private-sector suite of
mutual funds. However, the board is still
studying the issue, Kim Weaver, the director of
external affairs for the Federal Retirement
Thrift Investment Board, told…