Can I have a TSP and a Roth IRA 2024?
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40more
Works at the International Development Association, Lives in Washington, D.C., USA.
With a Roth IRA, if you make more than a certain amount ($183,000), you cannot contribute. But with the Roth TSP you can contribute after tax money. So you could have a regular TSP account and a Roth TSP account at the same time. The only limit is the IRS limit on the amount an individual can contribute in one year.May 15, 2012
2023-06-01 08:37:09
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Ethan Bell
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With a Roth IRA, if you make more than a certain amount ($183,000), you cannot contribute. But with the Roth TSP you can contribute after tax money. So you could have a regular TSP account and a Roth TSP account at the same time. The only limit is the IRS limit on the amount an individual can contribute in one year.May 15, 2012