tax-free

USPS: TSP participants will be allowed to convert traditional funds to Roth funds

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January 8, 2026 The Thrift Savings Plan will allow participants to convert traditional funds to Roth funds within their TSP account beginning Wednesday, Jan. 28. This is known as a Roth in-plan conversion. Traditional retirement contributions are those that are taken from employee paychecks on a pretax basis, which can lower your taxable income for … Read more

USPS employees can set aside tax-free funds to pay for transit and parking

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December 31, 2025 The Postal Service is reminding career employees they can save on eligible transit and parking costs through the USPS Commuter Program. In 2026, the program will allow participants to set aside up to $340 a month for transit and up to $340 a month for parking, tax-free. Covered transit expenses include bus, … Read more