Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Connected Government
- Consolidating Mission-critical Systems
- Constituent Servicing
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Eliminating the Pitfalls: Steps to Virtualization in Government
- Federal Executive Forum
- Federal Tech Talk
- Government Cloud Brokerage: Who, What, When, Where, Why?
- Government Mobility
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Mobile Device Management
- The Modern Federal Threat Landscape
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- Satellite Communications: Acquiring SATCOM in Tight Times
- Transformative Technology: Desktop Virtualization in Government
- Understanding the Intersection of Customer Service and Security in the Cloud
Shows & Panels
Roth TSP now open to active-duty servicemembers
Tuesday - 10/2/2012, 9:18am EDT
As of Monday, active-duty members of the Army, Navy and Air Force can now participate in the Roth Thrift Savings Plan option.
Servicemembers can sign up for the after-tax contributions through their online MyPay accounts or by submitting a TSP-U-1 form to their finance office, according to a American Forces Press Office release.
Active-duty and Reserve Marines and civilian employees paid by the Defense Finance and Accounting Service were able to start making Roth TSP contributions in June. Other branches of the National Guard and Reserves will be able to participate mid-to-late 2013, according to the release.
"The timeline difference between active-duty and other service members resulted from an interim solution for reserve component members, which didn't meet Federal Retirement Thrift Investment Board requirements, according to DFAS. While work continues for options that will be available more quickly and satisfy the law and FRTIB requirements at the same time, the new schedule will allow time to make systems changes and electronic deductions that meet all requirements, DFAS officials said," according to the release.
The annual limit for Roth contributions is $17,000.