Ask The Experts: Money Matters

By Mike Miles

Maximum contribution

Bookmark and Share

Q. I am in the National Guard and I am a civil service employee. Is the annual maximum contribution for the TSP the combination of the two, or is it for each individual account? Can I contribute in 2014 $17,500 to my Guard TSP, then $17,500 to my civilian TSP account as well?

A. Unless there is a special exception for Guard pay, the limit is combined.

Tags: ,

Leave a Reply

PLEASE NOTE! Do not submit ANY questions via the Comments form. Instead, please send your questions directly to Questions submitted via the Comments form will NOT be answered!