carlawalker
New member
Air Force O-2 with 3 years TIS and no debt. This is the first year I’ll fully max out my Roth TSP, currently contributing 35%. I pin on O-3 in Aug, so around Jun I’ll probably submit a change in MyPay to decrease the percentage slightly. The extra I’ll just use to buy S&P 500 shares, which I also started recently doing, along with maxing a Roth IRA.
Either way, the overall 2024 TSP contribution will be a hair over 23K if my math is right. How does the DOD go about returning excess funds from the Roth TSP? Would I just see it on my Jan 2025 LES as a refund, or do I have to do paperwork with Finance to receive it back?
Either way, the overall 2024 TSP contribution will be a hair over 23K if my math is right. How does the DOD go about returning excess funds from the Roth TSP? Would I just see it on my Jan 2025 LES as a refund, or do I have to do paperwork with Finance to receive it back?