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 Post Posted: Mon Oct 30, 2017 8:38 am 
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Joined: Dec 23, 2010
Posts: 13
Flag: United States (us)

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I guess I'd better introduce myself since I've been a member since 2010 and haven't said hi...so hi! For a while I have been just messing around with the fantasy TSP and have recently started to get serious and have begun following TSP strategy 16517 (Thanks Mjedlin66!).

I'm 28, been in the federal service for about 7 years (30+ more to go!) and am happily married with 5 kids. I love Jesus, my family, my job, and this site, thanks to everyone who contributes, it's been awesome and a big help. I've been telling my co-workers about this site in hopes to help them out so people can enter retirement on the right foot financially.

So, right now since I have so many dependents and make about $77k a year and am the sole breadwinner, my question is, would it make sense to participate in the TSP Roth avenue or would it not really matter? I'm thinking I might as well pay taxes on the TSP contributions now while I have all of these deductions to keep me in a lower income tax bracket as opposed to in retirement when I have very little to write off. What do you think? Would that also affect my gross income and such on my taxes at the end of the year? Any advice from people who know about Basic TSP and Roth TSP would be greatly appreciated.

Thanks!
--Greenangle


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AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)

S&P 500 (C Fund)
S&P 500 INDEX,RTH (^GSPC)

DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)

EFA (I Fund)
iShares MSCI EAFE Index (EFA)