TSP contribution limit increases in 2013

Federal employees can contribute a maximum of $17,500 annually to their Thrift Savings Plan next year — up from the $17,000 limit this year, according to the IRS.

The increase is due to a cost-of-living adjustment, which is 1.7 percent next year.

The catch-up contribution limit for employees 50 and over will remain $5,500.

This year feds could contribute post-tax dollars to a Roth-style TSP. The combined contributions to both the traditional and Roth TSP cannot exceed the $17,500 limit next year.

Sign up for the online chat with Air Force Deputy CIO Bill Marion II on May 9, at 10 a.m. (EDT).


The TSP is federal employees’ 401(k)-style retirement plan, with about 4.6 million participants.


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