30,000 TSP participants take advantage of new Roth option

Some Thrift Savings Plan participants are taking advantage of a new option for Roth in-plan conversions. The Federal Retirement Thrift Investment Board reports that roughly 30,000 TSP participants have converted some of their contributions since the feature launched earlier this year. In a survey, about 93% of TSP participants who used the new conversion option say the process was “easy.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.