I just received my annual statement. Everyone, please take a hard look at your LIFETIME CONTRIBUTIONS. These are your actual gross pre-tax contributions, not your BALANCE, and are not affected by earnings/losses. I haven't pulled my W-2's for the last 20 years to check the numbers (yes I have them as well as leave & earning statements), but I can tell at a glance that the figure is off by at least $50k. Another member has commented on this as well. That individual contacted TSP and is waiting for a callback on it.
We all know that Uncle Sam borrows from the trust funds. Does he pay us back with interest?![]()
Anidoc,
I got my statement as well and I did calculate my total contribution from my leave and earning statements and they shorted me $54K. I could not see where this changed any of my totals however. What does this mean for the bottom line? It was all pre-taxed, so there is no advantage that I can see, to the total contribution numbers being wrong, except someone is doing a poor job of accounting.