- Do you need to make a formal election to change contribution amounts for your TSP account?
- Why is 2024 different than other years for federal employees?
- Some examples that show how to optimize your TSP contribution situation.
FedLife Podcast (ep. #113): Making TSP Contributions in 2024
Happy New Year! Dan and Ed discuss the TSP contributions, income limits for a Roth IRA, and more in the first episode of 2024. A in-depth overview for federal employees of their retirement savings plan.
Featured in this episode:
- Traditional vs. Roth TSP
- What to know about TSP Contributions in 2024
- Where agency matches are deposited
- The new limits and catch-up limits
- Why you should contribute every pay period
“Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Lee, Sipe & Associates, Inc. is not a registered broker/dealer and is independent of Raymond James. Content represents the opinions of the speaker and not necessarily those of Raymond James. Important Disclosure Information: http://raymondjames.com/smicd.htm.