Talk of The Villages Florida - View Single Post - Anyone familiar with Thrift Savings Plan?
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Old 12-26-2024, 09:36 PM
CarlR33 CarlR33 is offline
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I do not have a TSP (had to look it up) but with any type of plan you have an elective deferral limit of 23,5K (are you doing that), and then a 7,5K catch up and 11,2K higher catch up if your 60-63 years old (according to the internet). I would not depend on the interest making up (maximizing) for any late start but instead you should defer as much income as possible till retirement? My 2 cents.
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