can I get some advice on how to take advantage of this CZTE designation? This is my 1st deployment. (I am an officer, if that even matters any)
I can put my entire paycheck into the Roth and/ or traditional IRA, I just dont know what to do. I have been contributing to a Roth IRA (at the max amount to get the match) since I commissioned. (I do get BAH and BAS)
also, how do I set up the SDP account? can someone who has power of attorney set it up for the military member, instead of the military member?
should I max this SDP? before or after which IRA?
thank you all so much for your help.
Posted by Ok_Item391
1 Comment
SDP can be set up through your finance office when you get to your deployment location. My location has a finance office on site—yours might not, but you should still have a servicing finance office
I choose to max the SDP. It’s a guaranteed 10% return
I also choose to max the Roth TSP and contribute extra to the traditional. Whether that’s right for you depends on your goals and personal situation.