Maximum Tsp Contribution 2024 Catch Up Contributions 2024. 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. Senior citizens have different financial needs and tax planning is a significant factor in financial planning for senior citizens.
Select an option and take a look. For the year 2024, the new maximum amount for funding your tsp (or any 401 (k), 403b, 457, etc.) is now $23,000, up from $22,500, for those under age 50.