Roth TSP investing now available, for some

The long-awaited Roth feature of the Thrift Savings Plan launches Monday, although in practice most TSP investors will have to wait still longer.

Federal employees and uniformed services personnel now may choose to make some or all of their investments in the 401(k)-style plan with after-tax money that will be tax-free along with its earnings on withdrawal, so long as certain conditions are met. The change carries out a 2009 law authorizing that form of investing as an alternative to the TSP’s traditional design, in which investments are made on a pre-tax basis but are taxable along with their earnings on withdrawal.

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