Max Tsp Contribution 2025 With Catch Up Limit. Roth Ira Max Contribution 2025 Karen Klein 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 limit is now $11,250, up from the previous $7,500.
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The rules are particularly advantageous for individuals turning ages 60-63 in 2025 For 2025, this higher catch-up contribution limit is $11,250 instead of $7,500
Higher CatchUp Contribution Limits in 2025 YouTube
Thrift Savings Plan (TSP) Federal and uniformed services employees only; Employee contributions: up to $23,500 (under age 50), plus catch-ups ($7,500 at 50+, $11,250 for ages 60-63) New in 2025: higher catch-up limit for ages 60, 61, 62, and 63 Thrift Savings Plan (TSP) Federal and uniformed services employees only; Employee contributions: up to $23,500 (under age 50), plus catch-ups ($7,500 at 50+, $11,250 for ages 60-63)
2025 401k Max Contribution Yara Rita. For more information on catch-up contributions and the spillover method please see TSP Bulletin 20-1 Spillover Method for Catch-Up Contributions to the Thrift Savings Plan - UPDATE As you plan your budget for 2025, these are the TSP contribution limits and the maximum amounts you can contribute each pay period.
Tsp Max Contributions 2025 Emera Imojean. Effective January 1, 2025, the SECURE Act 2.0, passed in 2022, increases the catch-up contribution limit for TSP participants turning ages 60, 61, 62, or 63 in the calendar year to either $10,000 or 50 percent more than the regular catch-up contribution limit, whichever is greater Just add any contributions toward the catch-up limit in the same place as your other TSP contributions