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Roth TSP set for May 7 launch

The Roth option for the Thrift Savings Plan, which will allow federal employees to contribute after-tax dollars toward their retirement-savings accounts, will launch May 7, the Federal Retirement Thrift Investment Board announced today. The board, which first began planning the Roth TSP in June 2009 when it was authorized, made the announcement at its quarterly meeting of TSP coordinators.

Tags: Roth TSP , TSP , pay and benefits , retirement , Jack Moore

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Roth TSP option delayed

The TSP Roth 401(k) option is still an option, but it's going to take a little while longer. The Federal Retirement Thrift Investment Board has decided to push back the launch of the highly-anticipated program from January 2012 to April.

Tags: pay and benefits , TSP , Roth 401(k) , Federal Retirement Thrift Investment Board , Tom Temin , Suzanne Kubota

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