That's up from $23,000 for 2024. The limit applies to 401(k), 403(b), governmental 457 plans, and the federal government’s Thrift Savings Plan We add a potential annual catch-up contribution of $7,500 ...

Learn about the federal government's Thrift Savings Plan, or TSP, a retirement plan for its employees. As with a 401(k), contributions and earnings are tax-deferred.

I am contemplating retiring at the end of the year. I’m married and will receive two monthly pension payments; $3,600 from ...

The Thrift Savings Plan also offers Lifecycle Funds, similar to target-date funds. For example, these 10 “L” funds are a diversified mix of the plan’s five core funds. Currently, these 10 funds range ...

My wife and I are 67 and 62, respectively. We own our apartment valued at $825,000. I also own an apartment with our only ...

The Thrift Savings Plan was rolled out in 1986 as part of the Federal Employees’ Retirement System Act of 1986, and was structured to offer similar benefits to a 401(k) plan, “including tax ...

The Thrift Savings Plan is similar to the retirement benefits that many private corporations offer their employees under so-called "401(k)" plans. Thrift Savings Plan: Your Investment Mix.

The Thrift Savings Plan was rolled out in 1986 as part of the Federal Employees' Retirement System Act of 1986, and was structured to offer similar benefits to a 401(k) plan, "including tax ...

Thrift Savings Plan withdrawals are required once you turn 72. If you choose to put the money into a Roth IRA, you can pay the income taxes on the distribution now.

Before touching your Thrift Savings Plan funds, make sure you understand the rules—and the risks—you might not have planned for. Tammy Flanagan June 12, 2025 ...

What Is the Contribution Limit for the Thrift Savings Plan? The annual contribution limit for the Thrift Savings Plan is $23,000 in 2024 and $23,500 in 2025. If you are 50 and older, you can ...