THE U.S. GOVT. THRIFT SAVINGS PLAN
01.Core Concepts
• Not a qualified plan • Limits (and most features) are the same as with a 401(k) plan. • The contribution limit is the same as with 401(k) plans at $23,500 in 2025 with a maximum deferral of $31,000 (2025) for those who have attained age 50. • Increased catch-up available for age 60-63, similar to 401(k), beginning in 2025. • Includes traditional and Roth accounts • Total contributions are also limited to the IRC §415(c) limit of $70,000 for 2025.