Oct 23, 2012

TSP Investment Limit Rises in 2013

"...Federal employees will be able to invest more in 2013 through their tax-favored retirement savings plan, the IRS has announced.

Due to an inflation adjustment, the dollar limit on investing in the Thrift Savings Plan will rise to $17,500 from this year’s level of $17,000, the second straight year of a $500 increase.

Participants age 50 or older will be allowed to make additional “catch-up” investments of $5,500, the same as in 2012..."

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