| |
| | TSP (Site not responding. Last check: 2007-08-02) |
 | | The Catch-Up Contributions for All Act (H.R. 3340) makes the limit on TSP contributions for federal employees aged 50 or older $1,000 higher than for younger workers in 2002, $2,000 higher in 2003, $3,000 higher in 2004, $4,000 higher in 2005 and $5,000 higher in 2006. |
 | | That means that by 2006, federal employees aged 50 or older would be able to contribute as much as $20,000 a year to their TSP accounts. |
 | | Next year, employees under age 50 enrolled in the Federal Employees Retirement System will be able to make TSP contributions of 12 percent of their pay per pay period, up to an annual limit of $11,000. |
| www.usma.army.mil /publicaffairs/PV/011129/TSP.htm (447 words) |
|