Advertisement
TSP Contribution
The Internal Revenue Service (IRS) set annual contribution limits for all Qualified Plans (Defined at a plan that is eligible to receive certain tax benefits as defined by the Internal Revenue Code and also for the exclusive benefit of either employees or their beneficiaries). Be sure to be aware of these contribution limits and the possibility of them changing in the future. Remaining informed of vital information is crucial to ensuring your retirement proceeds securely and comfortably. Remember: there is no such thing as being over prepared!
Advertisement
Current Year Contribution Limits Are;
2014 Contribution Limits;
Under 50 Years of Age: $17,500
Total for those 50 Year of Age and Older: $23,000 ($17,500 + $5,500)* People over the age of 50 are allowed to contribute an additional $5,500 in the form of a ‘Catch-Up Contribution.’
Advertisement
Search for Public Sector Retirement Expert.
Receive the Best advice.
PSR Experts can help you determine if Public Sector Retirement is right for you or if you should look for alternatives.
The Best Advice creates
the best results.
Search for Public Sector Retirement Expert.
Receive the Best advice.
PSR Experts can help you determine if Public Sector Retirement is right for you or if you should look for alternatives.
The Best Advice creates
the best results.
Advertisement
Free Download E-Book
Recent Articles
New Rules for Federal Employees in 2025: What You Need to Know to Stay Ahead
Key Takeaways
Several regulatory and policy updates in
Seven TSP Fund Allocation Strategies Federal Employees Are Using to Strengthen Their Retirement Portfolios
Key Takeaways
Diversifying your TSP funds can minimize
Military Buyback for Federal Employees: Is It Really Worth It? Here’s What You Need to Weigh Up
Key Takeaways: The military buyback program allows federal employees
Survivor Benefit Elections Can Affect More Than One Generation—Here’s What You Should Consider
Key Takeaways
Your survivor benefit election can shape
