Maximum Tsp Contribution 2024 Biweekly Amount Taxable

Maximum Tsp Contribution 2024 Biweekly Amount Taxable. For the year 2024, the new maximum amount for funding your tsp (or any 401(k), 403b, 457, etc.) is now $23,000, up from $22,500, for those under age 50. This comes out to $885/pay period (final deduction will be automatically limited to $875).


Maximum Tsp Contribution 2024 Biweekly Amount Taxable

For the calendar year 2024, the combined total of traditional tsp and roth tsp contributions made via payroll deduction cannot exceed $30,500 ($23,000 elective. With 26 pay periods in the year, that’s around $1173.07 per pay period to max.

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