Articles on Stock markets

News, Research and Analysis

Help Center
Introduction
Investment Portfolios
Investment Terminology and Instruments
Technical Analysis and Trading
Cryptocurrencies and Blockchain
Retirement
Retirement Accounts401(k) and 403(b) PlansIndividual Retirement Accounts (IRA)SEP and SIMPLE IRAsKeogh PlansMoney Purchase/Profit Sharing PlansSelf-Employed 401(k)s and 457sPension Plan RulesCash-Balance PlansThrift Savings Plans and 529 Plans and ESA
Personal Finance
Corporate Basics

What Are the Contribution Limits For My Thrift Savings Plan?

Contribution limits for the TSP are the same as regular 401(k)s. Employees and employers using the TSP will have the same contribution limits as 401(k) plans.

An employee can defer up to $18,000 a year in 2016, plus a $6,000 catch-up deferral if the employee is over 50 years old. The employer can contribute up to a maximum total balance of $53,000 (or $59,000 if the employee is over 59 ½), including employee deferrals. There is a standard 1% employer flat contribution, and some Federal employees will also receive a match.

How Does My Retirement Age Impact My Social Security Benefits?
How can I keep my health costs down in retirement?
How do I allocate my assets in retirement?

Keywords: taxation, retirement accounts, employer contributions, matching contributions, employee deferrals, 401(k) plans, Thrift Savings Plan (TSP),
How do I Invest in commodities?Should I Buy a Long-Term Care Policy?Do I Need Life Insurance if I have an Annuity?What is a pivot point?What is the Broadening Wedge Ascending (Bullish) Pattern?