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  • Updates to Thrift Savings Plan coming in 2021

    Each year, the Internal Revenue Service places limits on the dollar amount of contributions that can be contributed to the Thrift Savings Plan, or TSP. For 2021, the annual elective deferral and catch-up limits remain from 2020.  
  • Thrift Savings Plan for 2021 Update

    Each year the Internal Revenue Service (IRS) places limits on the dollar amount of contributions that can be contributed to the Thrift Savings Plan(TSP). For 2021, the annual elective deferral and Catch-up limits remain from 2020.  Additionally, on January 1, 2021, TSP will implement a new method for catch-up contributions called the "spillover"
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