The 401(k) limit for 2025 for many savers is $23,500, but those working in their early 60s are allowed to save much more, if ...

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.

That limit applies generally to those who participate in most 401 (k), 403 (b), governmental 457 plans, and the federal government’s Thrift Savings Plan, according to the IRS.

A Thrift Savings Plan (TSP) is a retirement program open to most federal employees. TSP participants can contribute pre-tax earnings and get matching funds from their employers. If eligible, you ...

The federal government’s Thrift Savings Plan for service members and civilian employees will allow participants to transfer money from their traditional accounts into the plan’s Roth accounts ...

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 a kind of defined contribution retirement plan for employees of the federal government, as well as members of the uniformed services.

The Thrift Savings Plan was introduced in 1986 through the Federal Employees Retirement System Act. A TSP allows federal workers to invest in a tax-advantaged retirement account.