I am trying to understand TSP contributions better. I found the % chart for 2024 contributions in order to max the TSP and get the 5% match. What is confusing me is that wouldn’t that % be different for traditional vs Roth contributions as traditional is calculated on pre-tax earnings and Roth is post tax? What am I missing here? Thanks!
Posted by KArmstrong_14
2 Comments
Yes it would be
If you make $1,000 and put 10%, you’ll contribute $100. That will be the same for Roth or Traditional. The only difference is whether you owe taxes on the $100 or not.