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IRS increases annual TSP maximum contribution

IRS increases annual TSP maximum contribution

Federal Newscast · Federal News Network | Hubbard Radio

November 18, 20256m 15s

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Show Notes

Federal employees will be able to contribute more to their Thrift Savings Plan accounts next year. The IRS increased the maximum annual contribution limit to $24,500, which is a $1,000 increase over 2025. Additionally, employees aged 50 or older can save more money through their catch-up contributions. And if employees are aged 60 to 63, they can save even more with a higher catch up contribution of $11,250. 

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