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How much can I contribute to my Roth TSP in 2022?

The maximum amount you can contribute to a TSP account for 2022 is $20,500. That's a $1,000 increase from 2021. If you're 50 or older, your plan may allow you to contribute an additional $6,500 as a \u201ccatch-up\u201d contribution, bringing your 2022 TSP contribution total to $27,000.

Is there an official TSP app?

The official TSP Mobile App is now available for download in the Apple App Store and the Google Play Store. With our app on your personal device, you can access your TSP information anywhere, anytime.

Does TSP have an app?

The official TSP Mobile App is now available for download in the Apple App Store and the Google Play Store. With our app on your personal device, you can access your TSP information anywhere, anytime.

Where can I get TSP 70 form?

You can complete Form TSP 70 Form here (http://www.tsp-70.com/) and post it to TSP (Thrift Savings Plan P.O. Box 385021 Birmingham, AL 35238), fax it to 1-866-817-5023, or use the TSP.gov website to initiate, and in some cases, even complete the withdrawal online.

How do I max out my TSP?

To max out your TSP, you would need to contribute $1,625 per month from your paychecks. That is very aggressive, but it can be possible for some, depending on your rank, pay grade and living expenses.

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How much can I contribute to my TSP in 2021?

Annual Additions Limit (IRC Section 415(c)) The IRC § 415(c) annual additions limit for 2021 is $58,000. This limit applies to the total amount of contributions made on behalf of a participant in a calendar year.

How do I setup my TSP for the first time?

To start contributing to the TSP, complete the TSP Election Form ( TSP-U-1 ). The form can be downloaded from https://www.tsp.gov/making-contributions/start-change-stop-contributions/. On this form, indicate the percentage of basic pay, incentive pay, special pay, or bonus pay to be contributed.

Why can't I log into TSP?

Clear browser history to fix login issue If the \u201cLog In\u201d button doesn't work and you return to a blank login screen after you input your correct username and password, try clearing website history and cookies before you log in again.

When should I call my TSP?

Peak ThriftLine Call Times \u2014 Our highest call volume is on Monday and Tuesday mornings. If you want to minimize your wait time to speak to a Participant Services Representative, consider calling outside of those peak hours.

How do I get my money out of TSP?

Submit your withdrawal forms directly to the TSP Service Office. To reach the Service Office, call the TSP ThriftLine at 1-TSP-YOU-FRST (1-877-968-3778) or the TDD at 1-TSP-THRIFT5 (1-877-847-4385). Outside the U.S. and Canada, please call 1-504-255-8777.

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