Does the Gov. match for military members?

Military Discussion.

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Aitrus
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Re: Does the Gov. match for military members?

Post by Aitrus »

Timber,

I'm in that position. From what I understand, the two retirements and TSP accounts are separate. Even for Guard / Reserve technicians, they are two separate accounts. This means that under BRS both pay sources would get matched.

Not sure if the continuation pay at the 12 year mark applies, though.
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Timber82
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Re: Does the Gov. match for military members?

Post by Timber82 »

Thanks Air, great insight! I assume you still are bound by the $18K limits however?

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Aitrus
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Re: Does the Gov. match for military members?

Post by Aitrus »

From my research, yes. The $18k counts all of your personal contributions, no matter how many accounts you use to reach the $18k. That is a separate amount from any Roth contributions, I believe.

I could be wrong, and if I am somebody please step up and correct me. I don't want to be handing out false info.
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Timber82
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Re: Does the Gov. match for military members?

Post by Timber82 »

If I get caught doing something wrong I will just say Aitrus told me it was copacetic.

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Aitrus
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Re: Does the Gov. match for military members?

Post by Aitrus »

:lol:
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evilanne
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Re: Does the Gov. match for military members?

Post by evilanne »

Aitrus is correct https://www.tsp.gov/PlanParticipation/A ... imits.html
But if you are called to active duty in combat zone, there is an "Annual Addition Limit" - but not sure how this works https://www.tsp.gov/PlanParticipation/E ... imits.html

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