ROTH TSP OPTION FOR ACTIVE DUTY USA, USN & USAF MEMBERSActive military members of the Army, Navy, Air Force may elect the Roth Thrift Savings Plan option in addition to traditional TSP investments.
Active duty members can go to myPay or complete the Thrift Savings Plan TSP-U-1 Form to begin deductions. These after-tax contributions will be electronically deducted from participating members’ pay accounts. Find further instructions for completing the forms and links for Roth TSP below.
The Roth TSP option for reservists and National Guardsmen begins Oct. 1, 2013. The process is a little different so make sure you read up on election requirements before you begin.
STARTING YOUR ROTH TSP CONTRIBUTIONS:Active duty Army, Navy and Air Force members can start a Roth TSP contribution either electronically (recommended) or manually.
Your first step is to determine how much of your pay is eligible for Roth TSP contributions. Remember, not all pay is eligible so using our Roth TSP Worksheet can help you figure this out.
The fastest and easiest way to start or change your Roth TSP contributions is via myPay. Once you log in, click on the Traditional TSP and Roth TSP link. Fill in your contribution amounts and save. You're done.
If you cannot access myPay, download the TSP-U-1 form. Once you've completed and signed the form, submit it to your local military finance office and they'll do the rest.
If you want to learn more about Roth TSP or other ways you can plan for your future, visit their website at www.tsp.gov.
Updated Sept. 23, 2013