Tsp Max Contribution 2024 Per Pay Period

Tsp Max Contribution 2024 Per Pay Period. On november 1, 2023, the internal revenue service (irs) announced the 2024 contribution limits for retirement accounts. The ira catch‑up contribution limit for individuals aged 50 and over was amended under the secure 2.0 act of 2022 (secure 2.0) to include an annual cost‑of‑living adjustment.


Tsp Max Contribution 2024 Per Pay Period

The 2024 contribution limit to the thrift savings plan is increasing to $23,000 per year, an increase of 2.2% over the 2023 annual limit, according to an announcement. The ira catch‑up contribution limit for individuals aged 50 and over was amended under the secure 2.0 act of 2022 (secure 2.0) to include an annual cost‑of‑living adjustment.

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