By Mike Miles
Increase to TSP maximum contribution
June 26th, 2012 | Uncategorized
Q. Have you heard anything regarding an increase to the maximum Thrift Savings Plan annual contribution ($17,000)?
A. You should expect the TSP deferral limit to track the 401(k) deferral limit, which is indexed to inflation with a $500 minimum increase. Any increase for 2013 won’t be announced until later this year, usually in October.
Tags: 401(k), deferred, maximum contribution, TSP

