"...The Thrift Savings Plan opened up a new savings plan, called Roth, for Air Force, Navy and Army members Oct. 1.
"TSP is basically a retirement plan that is available to active duty and certain Department of Defense civilians," said Airman 1st Class Saxon Hanwacker, 20th Comptroller Squadron special actions technician and a native of New York, "The traditional TSP basically allowed you to take tax deferred [which means you pay the taxes at a later time] and tax exempted funds and put them into a retirement plan which is tied to the stock market and government bonds in the investment world."
Roth is a new option for TSP users where their money is taxed up front instead of later like the traditional TSP does..."