Stephen Barr
“Just as with the current process, participants turning age 50 or older will not need to make a separate election for catch-up contributions. Participants can make one contribution election, and this will carry over every year unless the participant chooses to stop or change the election. Par...
Catch-up contributions offer significant tax benefits. When you make one, you typically lower your taxable income for the year and are still liable for taxes on your retirement withdrawals. For example, let us compare the tax liability when an employee who earns $50,000 annually chooses to mak...
House Approves Catch-Up TSP Contributions for the 50-and-Older CrowdStephen Barr
Civil Service Pay and Catch-Up TSP Contributions on Congressional AgendaStephen Barr
Stephen Barr