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Author: Hohum777 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121585  
Subject: Re: Tax Free Money for Military??? Date: 4/12/2010 8:02 PM
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I thought the Military retirement plan is a variation on the TSP (Thrift Savings Plan)?

If so, the TSP has predefined options - C (Common Stocks), F (Fixed Income) , G (Government Securities), I (International), S (Small Cap) Funds & 5 Lifecycle Funds (essentially baskets of the 5 letter funds in different % allocations). The TSP also has probably the lowest fees around- I would probably stick with the single letters in various %'s

Your income level suggests you can open and make an IRA contribution. That account might be where you might try an individual stock or two.
As long as the trading is done in that account, the gains are tax deferred or tax-free (if Roth)
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