July 26, 2012

Civilians contribute to Roth options

Kathryn Iapichino
Air Force Personnel Center

JOINT BASE SAN ANTONIO-RANDOLPH, Texas — Department of Defense civilian employees eligible for the Thrift Savings Plan may begin to contribute to the Roth TSP. This new feature allows members to contribute on an after-tax basis and receive tax-free earnings when they withdraw funds from their TSP accounts.

Air Force serviced civilians may make elections through the Employee Benefits Information System, which can be accessed through the myPers website at Elections made on or before June 30 were effective July 1 and will be reflected on the July 20 Leave and Earnings Statement.

Civilians may contribute to traditional and Roth TSP accounts as long as they do not exceed the elective deferral limit. Agency automatic and matching contributions must continue to be tax deferred and will be deposited as regular TSP contributions.

Roth TSP elective deferral limits are $17,000 for regular contributions and $5,500 for catch-up contributions, which is identical to traditional TSP limits. The Roth TSP is not the same as a Roth Individual Retirement Account. In some instances, contributing to the Roth TSP may make a civilian ineligible to contribute to a Roth IRA because of income limitations.

For more information, contact a financial adviser or review the information found on the Internal Revenue Service’s webpage at,,id=211358,00.html. Currently, military personnel are being phased into the program until October. Air Force Personnel Center officials will notify Airmen when they may begin to contribute to Roth TSP.

For more information about TSP, visit

All of this week's top headlines to your email every Friday.


U.S. Air Force photo/ Master Sgt. Luke Johnson

Rescue Group security forces Airmen experience total force helicopter training

A 943rd Rescue Group Detachment 1 Security Forces Airman took part in training exercise that helped prepare him and other service members to safely maneuver around helicopters in a deployed environment.

MDG providing sports physical appointments

As the 2012-2013 school year quickly approaches, children may need to get a school or sports physical. The 355th Medical Group is working hard to meet this need by modifying the daily schedule to make appointments available. We continue to have open duty day appointments, so your best and fastest option is to call 228-2778...

AF Academy instructor vacancies available

JOINT BASE SAN ANTONIO-RANDOLPH, TEXAS (AFNS) — Eligible active duty officers interested in U.S. Air Force Academy instructor opportunities have until Aug. 31 to apply, Air Force Personnel Center officials announced. “This special duty assignment is a controlled, three-year maximum tour and officers must be released by their Air Force Personnel Center core officer assignment...


Don’t get carried away during monsoon season

A monsoon can be described as a seasonal shift in the prevailing wind direction, that usually brings with it a different kind of weather. From the month of June all the way through September, known as monsoon season in Arizona, the “different kind of weather” is rain, and lots of it. In 2011, more than...

Warrior of the Week July 27, 2012

Family: Chet (husband), Vincent (son) Hometown: Air Force Brat, no hometown Unit: 355th Operations Support Squadron

AF releases mid-year selective re-enlistment bonus list, changes

WASHINGTON (AFNS) — Air Force officials today released the fiscal year 2012 mid-year selective re-enlistment bonus list along with some changes to the program. In addition to a rebalance in overall payments, the Air Force identified 53 Air Force specialties, down from 78, to receive bonuses. Based on the semiannual program review that began in...


Be the first to comment!

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>