R 111547Z DEC 23 MID120000718735U
FM DFAS CLEVELAND OH
TO AIG 4730
AIG 4676
AIG 4678
INFO DFAS CLEVELAND OH
BT
UNCLAS
MSGID/GENADMIN/DFAS CLEVELAND OH//
SUBJ/INFORMATION FOR TSP CONTRIBUTION LIMITS FOR
CALENDAR YEAR 2024//
MILITARY PAY ADVISORY 22/23//
REF/A/WEBSITE/WWW.TSP.GOV//
NARR/REF A IS THE THRIFT SAVINGS PLAN OFFICIAL WEBSITE//
POC/SEAN-THOMAS TEAHAN/CODE JFLQ/SEAN-THOMAS.P.TEAHAN.CIV@MAIL.MIL//
RMKS/1. This Military Pay Advisory Announces the TSP
Contribution Program Limits for Calendar Year 2024.
2.  As indicated REF A, Effective 1 January 2024, the Internal
Revenue Code I.R.C. Section 402(G) Limit for TSP Elective Deferral
Limits will be $23,000.00.The Elective Deferral Limit
applies to the combined total of ROTH and Traditional Deferred
Contributions. The I.R.C. Section 415(C) Limit for all
Contributions, including Matching, Agency Automatic 1%, Exempt,
ROTH, and Traditional Deferred Contributions, will be $69,000.00.
The Limit for TSP Spillover Contributions will remain at $7,500.00
and is in addition to the I.R.C. Section 415(C) and 402(G) limitations.
The TSP Spillover Limit applies to the combined total of ROTH
and Traditional Contributions up to an additional $7,500.00,
totaling $30,500.00.//