A reader asks: "When does it make sense to make tax-exempt TSP contributions (contributions while in a combat zone)? I already max out my Roth IRA ($5,000) and hit my traditional & Roth TSP contribution limit ($17,000), but I can also contribute an additional $33,000 of tax-exempt combat pay to the TSP. Essentially, I am … [Read more...] about Combat Zone Contributions to the Thrift Savings Plan
Archives for October 2012
An Early-Retirement.org reader asks: I'm researching how much cash to set aside (likely in a money market and CDs) to weather any market downturns. I've seen everything from six years to two years. I'm considering 3-4 years for enough to weather almost any large downturn but also to not keep too much of my portfolio in cash. I … [Read more...] about How much cash in a retirement portfolio?
[August 2015 update: The Defense Finance and Accounting Service has started issuing letters to Reserve retirees who have claimed credit for ROTC summer training. According to the comments on this post and some Facebook posts, it appears that DFAS is re-calculating pensions for revisions of as few as 90 points. More information is at the Naval … [Read more...] about Navy Reserve Retirement Credit for ROTC Summer Training