Tsp Contribution Limits 2024 Catch Up Limit. Mercer estimates that the annual contribution limit for the tsp and 401 (k) plans will increase from $22,500 in 2023 to $23,000 in 2024. 2024 401k max catch up contribution.
On november 1, 2023, the internal revenue service (irs) announced the 2024 contribution limits for retirement accounts. The 2024 tsp contribution limit for the will increase by $500 from $22,500 in 2023 to $23,000 next year according to mercer, a financial services consulting firm.