Maximum contribution

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  • Author
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  • #19286
    Bruin79
    Guest

    If the maximum contribution to your TSP is $18,000 annually does that mean how much you can contribute yourself or does that include agency matching contribution also ?

    #19289
    Jeremy
    Guest

    The $18k Max contribution means how much you can contribute yourself. The government will only match your contribution up to 5%. For example, if you make $100k/year, 5% of that annual income is $5k and so the government will match $5k. In this example if you wanted to max out your contributions to the TSP ($18k), u would have to give a total of: $13k + $5k = $18k to the TSP in order to maximize it.

    #19295
    Ustasub
    Participant

    18K is the max YOU can contribute, agency matching funds DO NOT affect this. There is a worksheet and fact sheet discussing this here.

    #19296
    Ustasub
    Participant
    #19382
    Bruin79
    Guest

    Thank you for your assistance in getting this information.

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