2024 Tsp Contribution Limits Per Pay Period Calendar 2024

2024 Tsp Contribution Limits Per Pay Period Calendar 2024. The internal revenue service has announced the thrift savings plan (tsp) elective deferral limit for 2024 will increase to $23,000 per year. In 2024, thrift savings plan participants can contribute up to $23,000 in elective deferrals, according to the internal revenue service.

This comes out to $885/pay period (final deduction will be automatically limited to $875). Below are the 2024 irs limits and additional information to keep you informed.