You're working, and you've got a family that depends on you - both now and down the road. Where do you invest your money? Do you borrow against the equity in your house? Through a preferred provider relationship with USAA, The American Legion can provide expert financial advice to just about any question.
While only those that are currently serving in the uniformed or civil service will be able to contribute to the new Roth TSP, a Roth IRA may be an option for others. The Roth version of an IRA or TSP are noteworthy because they offer the potential for tax-free withdrawals of contributions and earnings in retirement. Contributions of up to a full $5,000 ($6,000 if age 50 or over) to a Roth IRA can be made as long as you or your spouse have earned income equivalent to the total of your contribution, and you don’t exceed the income limit of $110,000 ($173,000 married filing jointly). There’s also an option to convert traditional IRAs or 401(k) plans to a Roth IRA. That’s a whole new subject, but certainly another option to make Roth a part of your plan.