[07055]

I am surprised that military personnel were not eligible for the Federal Thrift Savings Plan 401k until recently. Are they eligible now?

[Lokibob]

Yes, starting 2002, they could sign up. Of course, the G.I. must make a 6 year committment to reenlist before being eligable (they get you coming and going).

Seems it is limited tho. 7% of pay could go to the 401(k) with a $ for $ match for the first 3% and $.50 match for the rest.

While researching this, I found out that G.I. reservists can suspend repayment of 401(k) loans given to them in their civilian employment when on active duty without IRS penality. Isn't that great!!!! sarcasm off.

[WellsFargo94]

I am surprised that military personnel were not eligible for the Federal Thrift Savings Plan 401k until recently. Are they eligible now?

They are now, but it is poorly advertised.