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

Jan 20, 2022 Close Change YTD*
L Income 23.1883 -0.0487 5.42%
L 2025 11.9651 -0.0472 9.75%
L 2030 42.1747 -0.2353 12.37%
L 2035 12.6589 -0.0777 13.43%
L 2040 47.8799 -0.3207 14.51%
L 2045 13.1065 -0.0942 15.40%
L 2050 28.7010 -0.2205 16.34%
L 2055 14.1138 -0.1333 19.90%
L 2060 14.1136 -0.1332 19.90%
L 2065 14.1134 -0.1332 19.90%
G Fund 16.7510 0.0008 1.38%
F Fund 20.4699 0.0225 -1.46%
C Fund 67.7127 -0.7512 28.68%
S Fund 74.7229 -1.1189 12.45%
I Fund 38.6721 -0.1973 11.45%
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.