It has the lowest risk of the five funds and money contributed into the TSP by new participants was placed into this fund by default until Sept. 15, 2015 unless the participant specified otherwise. The default investment fund changed to the Lifecycle (L) Fund most appropriate for the partic...
since it is deductible, you don’t need any money to pay the taxes due on it. But with a Roth, you’d need $6000: $5000 to fund the IRA and $1000 to pay the 20% tax due on the