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Elective Deferral Limit Increase

federalpensionadvisors123033
One of the biggest questions federal employees have is Will TSP Limits Increase in 2025? The answer is yes! The elective deferral limit for the Thrift Savings Plan (TSP) is set to rise from $23,000 in 2024 to $23,500 in 2025. This means participants can contribute more towards their retirement savings, taking full advantage of tax benefits and employer matching contributions. Employee... https://www.federalpensionadvisors.com/post/will-tsp-limits-increase-in-2025
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