Friday, May 17, 2019

TSP Tax Deferred vs. Tax Exempt

Title: TSP Tax Deferred vs. Tax Exempt

Article Snip: "...Federal employees hired after July 31, 2010, have 3 percent of pay is deducted from every paycheck into the TSP account, and each government agency contributes 1 percent of pay. The agency also contributes 3 percent in Agency Matching Contributions. If hired before August 1, 2010, the TSP receives 1 percent equivalent pay contributions from the individual agency. His agency contributes up to 5 percent in matches..."

Reference: smallbusiness.chron.com
TSP

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