Blended retirement: Government contributions to TSP

Blended retirement: Government contributions to TSP

By Kate Horrell, Would you like to have government money in your Thrift Savings Plan (TSP) accounts?  You may, if you are in the group who is eligible to opt-in to the military’s new Blended Retirement System (BRS.)  While the BRS has several parts, the biggest change is government contributions to service member’s TSP. […]

6 things about military retirement pay

By Kate Horrell, Moving from active duty pay to military retirement pay can bring some surprises.  It’s a lot better if you’re prepared!  Here are six things that often surprise new military retirees, and a bonus surprise that’s actually about your last active duty paycheck.  (P.S.  The bonus surprise is not positive, so be […]

30 Days to Change Your TSP Roth Account!

Roth TSP

Are you active duty military? Do you direct your TSP contributions to a Roth account? If so, you need to ready yourself for action. Changes to the Defense Finance and Accounting Service (DFAS) pay system will stop your contributions to your Roth TSP, unless you change those contributions from a dollar amount to a percentage of your pay by January 31, 2015.