TSP contribution limit increases in 2013

Federal employees can contribute a maximum of $17,500 annually to their Thrift Savings Plan next year — up from the $17,000 limit this year, according to the IRS.

The increase is due to a cost-of-living adjustment, which is 1.7 percent next year.

The catch-up contribution limit for employees 50 and over will remain $5,500.

This year feds could contribute post-tax dollars to a Roth-style TSP. The combined contributions to both the traditional and Roth TSP cannot exceed the $17,500 limit next year.

The TSP is federal employees’ 401(k)-style retirement plan, with about 4.6 million participants.

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THRIFT SAVINGS PLAN TICKER

Nov 29, 2021 Close Change YTD*
L Income 23.3253 0.0397 4.85%
L 2025 12.1049 0.0384 8.89%
L 2030 42.9127 0.1836 11.31%
L 2035 12.9083 0.0601 12.31%
L 2040 48.9249 0.2469 13.33%
L 2045 13.4200 0.0718 14.19%
L 2050 29.4398 0.1674 15.08%
L 2055 14.5383 0.102 18.41%
L 2060 14.5382 0.1019 18.41%
L 2065 14.5381 0.1019 18.41%
G Fund 16.7149 0.0022 1.12%
F Fund 20.8926 -0.0294 -1.44%
C Fund 70.1821 0.9181 24.02%
S Fund 84.9888 0.1316 17.73%
I Fund 37.9178 0.0277 11.23%
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.