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Is a Thrift Savings Plan taxable 2024?

Mia Walker | 2023-05-26 08:37:09 | page views：1395
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Julian Anderson

Works at the International Fund for Agricultural Development, Lives in Rome, Italy.
TSP contributions from tax-exempt pay are always exempt from federal income tax when withdrawn. The earnings on tax-exempt traditional (non-Roth) contributions are taxable upon withdrawal. The earnings on Roth contribu- tions made from tax-exempt pay are not taxable provided they are qualified.
2023-05-27 08:37:09
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Julian Lopez

QuesHub.com delivers expert answers and knowledge to you.
TSP contributions from tax-exempt pay are always exempt from federal income tax when withdrawn. The earnings on tax-exempt traditional (non-Roth) contributions are taxable upon withdrawal. The earnings on Roth contribu- tions made from tax-exempt pay are not taxable provided they are qualified.
Important Tax Information About Your TSP Withdrawal and Required ...
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