new tsp allocations for 2016 THE THRIFT SAVINGS PLAN ALLOCATION GUIDE › Forums › Message Board › new tsp allocations for 2016 This topic contains 2 replies, has 3 voices, and was last updated by TS Paul 3 years, 1 month ago. Viewing 3 posts - 1 through 3 (of 3 total) Author Posts November 30, 2015 at 11:59 am #17685 yolo Hi I’m on a bi-weekly pay schedule and I heard that we would be allowed to contribute up to 18K next year? is this correct, and if so, how are you adjusting your contributions per pay period? November 30, 2015 at 8:23 pm #17686 AnneParticipant $18,000/26 pay periods = $692.31, which you should round up to $693 (last period will be $18 less). I used $700, which leaves $500 in last period #26. If you are 50 or older, you can do catch up of additional $6,000 ($231/pay period). December 14, 2015 at 6:54 pm #17739 TS PaulKeymaster Depending on which agency you work for, you may have 27 pay periods for Thrift Savings Plan contributions. I will research that a bit and try to have some definitive details in the December update. The TSP Allocation Guide www.TSPallocation.com Author Posts Viewing 3 posts - 1 through 3 (of 3 total) You must be logged in to reply to this topic.