TSP and Traditional IRA Mix

Kappu411

New member
If I max out TSP 15,500$ and max out Traditional IRA of 5000$ is it ok to claim them both as 2008 tax deferments , or am I limited to a total deferment of 15,500$ Thanks

kappu411
 
I did this. It is two seperate accounts max out the ROTH and TSP. I don't know why you have to report though. TURBO TAX asks for it but that is just so they can try to sell you quicken you something elese you dont need.
 
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