Contributions As mentioned above, for 2024, the annual employee contribution limit is $23,000 for a TSP, with a catch-up contribution of $7,500 for those over 50. That makes the total limit on your contribution $30,500. For 2025, the annual limit is $23,500, with the same catch-up...
House Approves Catch-Up TSP Contributions for the 50-and-Older CrowdStephen Barr
Each year, the IRS sets new maximum contributions, known as the IRS elective deferral limit. You can view this year’sThrift Savings Plan contribution limitsonline or consult the Office of Personnel Management. For 2024, the IRS elective deferral limit is $23,000 in regular contributions and $...
With automatic enrollment set at 5%, participants can fully capitalize on matching contributions without taking any action; the agency or service automatically matches up to 4% of a participant’s basic pay plus an additional automatic 1% contribution (4% + 1% = 5% matching). ...
Civil Service Pay and Catch-Up TSP Contributions on Congressional AgendaStephen Barr
Stephen Barr
Stephen Barr