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Is a thrift savings plan a roth or traditional ira?

 
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dmertz
Level 15

Is a thrift savings plan a roth or traditional ira?

Neither.  It's the federal government's equivalent of a 401(k).  The federal TSP has both traditional and Roth components.

Enter amounts shown in box 12 of your W-2 only on TurboTax's W-2 form.  Do not enter any of these amounts in the Traditional and Roth IRA Contributions section.

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