Combat Zone Tax Exclusion (CZTE) TSP Benefits
Roth while deployed:
"Tax free in, tax free out"
Contributions provide the opportunities to grow your TSP accounts through tax breaks and higher contribution limits
Contributions to Traditional or Roth TSP account is invested TAX-FREE Difference between Roth TSP and Traditional TSP in CZTE/DSA
Roth- Contributions AND their earnings are tax-free when you withdraw them
Traditional- Contributions are tax-free but their earnings ARE NOT tax-free when withdrawn
Contribution Increase
Total contribution limit goes up to $57,000
Max you can contribute to a Roth is $19,500 even in CZTE/DSA then must switch to Traditional
Connect with me:
www.instagram.com/timmemak
www.instagram.com/leadingwithcents
BRS Guide
https://militarypay.defense.gov/Portals/3/Documents/BlendedRetirementDocuments/A%20Guide%20to%20the%20Uniformed%20Services%20BRS%20December%202017.pdf?ver=2017-12-18-140805-343