The "OPEN TIME" for the TSP is coming shortly and I haven't found anyone I work with who is savvy enough to explain the advantages to using this program. Currently my wife and I make our annual $2000 contribution to our differing Roth IRA. I am becoming interested in the TSP by the amount of pre-tax dollars I will be able to put into the plan. My question is how that money will be handled when I leave the service (projected date is in 2 years). I understand I will be able to roll that money into an IRA. But what are the tax consequences, or are there any at all?Any help would be much appreciated on the subject.
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