Maximum Tsp Contribution 2024 Per Pay Period 2024. Participants should use this calculator to determine the specific dollar amount to be deducted each pay period in order to maximize your contributions and. The internal revenue service has announced the thrift savings plan (tsp) elective deferral limit for 2024 will increase to $23,000 per year.
This comes out to $885/pay period (final deduction will be automatically limited to $875). The tsp provides agency and service representatives with historical information on contribution rules, limits, and eligibility determination.