Exceeding TSP Contribution Limits

THE THRIFT SAVINGS PLAN ALLOCATION GUIDE Forums Message Board Exceeding TSP Contribution Limits

This topic contains 1 reply, has 1 voice, and was last updated by  Anne 3 years, 3 months ago.

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  • #17709

    Nick

    Two questions:

    1. Is it possible to exceed the contribution limit, or does the TSP automatically stop contributions for you at the limit ($18,000 for 2015)?

    2. If it is possible to exceed the contribution limit, and one exceeds that limit, what can one do to avoid being penalized?

    #17713

    Anne

    Nick,

    I think it is your payroll office that will automatically cut you off at the maximum. They should not allow you to exceed it.

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