P 241642Z SEP 13
FM DFAS CLEVELAND OH
TO AIG 4730

SUBJ/ADDITIONAL INFORMATION FOR NAVY RESERVE MEMBERS CONCERNING 
ROTH THRIFT SAVINGS PLAN (ROTH TSP) AND ROTH CATCH-UP 
CONTRIBUTIONS FOR MEMBERS 50 YEARS OF AGE OR OLDER//
MILITARY PAY ADVISORY 31/13//
REF/A/DOC/DODFMR, VOL. 7A, CH.51//
AMPN/REF A IS THE FINANCIAL MANAGEMENT REGULATION THAT 
PROVIDES INFORMATION AND GUIDELINES ON ROTH TSP AND TSP 
CATCH-UP// 
POC/KIM CARPENTER/CODE JFLQ/TEL: 216-522-5335//
RMKS/1.  THIS MILITARY PAY ADVISORY IS BEING ISSUED TO PROVIDE 
INFORMATION ON RC ROTH TSP AND RC ROTH CATCH UP CONTRIBUTIONS. 
2.  BEGINNING 1 OCT 2013, DJMS WILL ACCEPT ELECTIONS FOR ROTH 
TSP CONTRIBUTIONS IN ADDITION TO TRADITIONAL TSP CONTRIBUTIONS. 
ROTH ALLOWS PARTICIPANTS TO CONTRIBUTE AFTER-TAX OR TAX-EXEMPT 
PAY TO ROTH TSP AND RECEIVE WITHDRAWALS OF CONTRIBUTIONS AND 
EARNINGS TAX-FREE.
3.  MYPAY CAN BE USED TO START, CHANGE OR STOP TRADITIONAL 
ELECTION (TSP) OR ROTH TSP AND TO START THE CATCH-UP ROTH OR 
TRADITIONAL ELECTION. TO CHANGE OR STOP THE CATCH-UP ROTH OR 
TRADITIONAL ELECTION, THE MEMBER MUST SUBMIT THE TSP CATCH-UP
ELECTION FORM TO THEIR FINANCE OFFICE.  THE FINANCE OFFICE WILL
FORWARD THE ELECTION FORM TO DFAS CENTRAL SITE OFFICE.
4.  HE MEMBER CERTIFIES ON MYPAY THAT ONLY BASIC PAY IS BEING 
CONTRIBUTED TO CATCH-UP. FOR BOTH ROTH REGULAR AND ROTH CATCH-UP
ELECTIONS, THE MEMBER MUST DETERMINE THE AMOUNT OF NET PAY
AVAILABLE AFTER DEDUCTIONS TO ENSURE THE ROTH ELECTION WILL
NOT EXCEED AMOUNT OF NET PAY AVAILABLE.
5.  THE ELECTION FOR ROTH OR TRADITIONAL (REGULAR TSP) IS A 
PERCENTAGE OF BASIC PAY, INCENTIVE PAY, SPECIAL PAY OR BONUS; 
ONLY THE ROTH OR TRADITIONAL CATCH-UP ELECTION IS A DAILY AMOUNT
WITH A DEFAULT PRINCIPAL AMOUNT.
6.  THE MEMBER ONLY NEEDS TO USE THE FORM IF THEY DO NOT HAVE ACCESS
TO MYPAY OR IF THE MEMBER WANTS TO CHANGE OR STOP ROTH OR 
TRADITIONAL CATCH-UP.  MEMBERS WILL MAKE THEIR ELECTION USING THE
TSP-U-1 ELECTION FORM OR THE TSP CATCH-UP FORM WHICH IS THE 
TSP-U-1-C.  BOTH ARE AVAILABLE ON WWW.TSP.GOV. 
7.  THE TOTAL YEAR TO DATE CONTRIBUTIONS MADE TO ROTH AND ROTH 
CATCH-UP FOR THE YEAR IS CAPTURED FOR REPORTING ON THE W-2.  
8.  REQUEST WIDEST DISSEMINATION POSSIBLE.//