The Thrift Savings Plan (TSP) contribution limits have been announced for 2022. The 2022 IRS annual limit for regular TSP contributions is $20,500, and the TSP Catch-up annual contributions limit will remain at $6,500. TSP Catch-up contributions may be made in addition to regular TSP contributions, if you are age 50 or older (or will be turning age 50 in 2022).
Earlier this year, the Federal Retirement Thrift Investment Board (FRTIB) implemented the new “spillover” method for TSP Catch-up contributions. Spillover simplified the TSP Catch-up process and does not affect the Agency Matching contributions.
For detailed information on making your TSP election for 2022, visit the "spillover" method page.
Questions may be directed to AskBenefits@nih.gov or your benefits contacts.