IRS releases TSP contribution limits for 2011

The Internal Revenue Service said contribution limits to your Thrift Savings Plan will not change in 2011.

The limit will continue to be $16,500 and the catch-up contribution limit will remain $5,500.

Tom Trabucco of the Federal Thrift Investment Board had predicted that contribution levels would stay the same in 2011 because social security and civil service retirement benefits had not increased either.

According to the IRS, pension plan limits increased slightly due to inflation adjustments:

  • Contribution limits to a traditional IRA are $90,000 to $110,000 for married couples where one spouse is part of an employer-sponsored retirement plan (up from $89,000 to $109,000 in 2010). Limits for singles are unchanged at $56,000 to $66,000.
  • Contribution limits to a Roth IRA are $169,000 to $179,000 for married couples filing jointly (up from $167,000 to $177,000 in 2010). Limits for singles are $107,000 to $122,000 (up from $105,000 to $120,000.)

For more information on plan contribution limits, go to the IRS website.

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THRIFT SAVINGS PLAN TICKER

Jun 18, 2021 Close Change YTD*
L Income 22.8950 -0.0718 2.88%
L 2025 11.7475 -0.0782 5.61%
L 2030 41.3301 -0.3582 7.07%
L 2035 12.3983 -0.1179 7.71%
L 2040 46.8639 -0.4865 8.36%
L 2045 12.8274 -0.1425 8.91%
L 2050 28.0756 -0.3333 9.49%
L 2055 13.7453 -0.2025 11.70%
L 2060 13.7453 -0.2024 11.70%
L 2065 13.7452 -0.2024 11.69%
G Fund 16.6073 0.0007 0.53%
F Fund 20.8808 0.0657 -2.22%
C Fund 62.4507 -0.8275 12.61%
S Fund 82.8816 -1.0758 11.60%
I Fund 38.5980 -0.6987 10.58%
Closing price updated at approx 6pm ET each business day. More at tsp.gov
* YTD data is updated on the last day of the month.