2025 Contribution Limits Tsp 2025. 2025 Tsp Contribution Limits John L. Hernandez The 2025 contribution limit to the Thrift Savings Plan is increasing to $23,500 per year, an increase of 2.2% over the 2024 annual limit ($23,000), according to an announcement from the Internal Revenue Service The catch-up contribution limit for 2025 will remain the same at $7,500.
2025 Tsp Contribution Limits John L. Hernandez from johnlhernandez.pages.dev
Let's break it down by pay period to make it crystal clear: Under Age 50 For example, if you contribute $15,000 into the traditional TSP and another $8,500, you would hit the yearly limit.
2025 Tsp Contribution Limits John L. Hernandez
New TSP Max Funding Options in 2025 Let's suppose you will not turn age 50 or older in 2025, but you still want to contribute the maximum to your TSP The annual additions limit, which encompasses the total contributions made to your TSP account—including employee contributions, agency/service automatic (1%) contributions, and matching contributions—has increased to $70,000 for 2025, up from $69,000 in 2024. The contribution limit for employees participating in the federal government's Thrift Savings Plan is increasing to $23,500 in 2025, up from $23,000 in 2024
2025 TSP Contribution Limits How Much Should YOU Contribute?. Elective Deferral Limit (Internal Revenue Code (IRC) Section 402(g)) The § 402(g) elective deferral limit for 2025 is $23,500 The 2025 IRS annual limit for Catch-up contributions is $7,500, which equates to a total TSP contribution amount of $31,000
2025 Retirement Limits • Paragon. Catch-Up Contributions for Ages 50 and Older : Participants turning 50 or older in 2025 can contribute an additional $7,500 beyond the regular limit, allowing for a total contribution. 2025 contribution limits — The Internal Revenue Code places specific limits on the amount that you can contribute to employer-sponsored plans like the TSP each year