Get the free Fact Sheet: Catch-up contributions - Thrift Savings Plan - tsp

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Catch-up contributions are supplemental employee contributions that employees aged 50 or older can make to the TSP beyond the standard contribution limits. They apply to traditional or Roth contributions

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What is fact sheet catch-up contributions?

Fact sheet catch-up contributions refer to additional contributions that individuals aged 50 and above are allowed to make to their retirement plans in order to catch up on their retirement savings.

Who is required to file fact sheet catch-up contributions?

Individuals aged 50 and above who want to make additional contributions to their retirement plans are required to file fact sheet catch-up contributions.

How to fill out fact sheet catch-up contributions?

To fill out fact sheet catch-up contributions, individuals must indicate the additional amount they wish to contribute to their retirement plans and submit this information to the plan administrator.

What is the purpose of fact sheet catch-up contributions?

The purpose of fact sheet catch-up contributions is to allow individuals aged 50 and above to boost their retirement savings by making additional contributions to their retirement plans.

What information must be reported on fact sheet catch-up contributions?

The information that must be reported on fact sheet catch-up contributions includes the additional contribution amount, the name of the retirement plan, and the individual's personal information.

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