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.

At the Thrift board's meeting Tuesday, Tee Ramos, director of the office of participant services, said the plan's contact center received about 908,000 calls in June, up from about 181,000 in June ...

The Thrift Savings Plan (TSP) is very similar to popular plans found in the private sector, allowing for pre-tax contributions, employer matches, and long-term earning potential in a variety of funds.

A thrift savings plan is considered a qualified retirement plan. This means it meets IRS requirements for tax-advantaged retirement savings plans, similar to a 401(k) plan.

Thrift Savings Plan contribution limits are $23,500 in 2025, up from $23,000 in 2024. Plus, new super catch-up limits for people ages 60-63.

The Thrift Savings Plan is the federal government’s defined contribution retirement savings plan. It consists of a traditional option similar to a 401(k) and a Roth option.

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 ...