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Re: [TSP_Strategy] 2018 TSP Limits

 

Not 100% sure, I think you can do it.  Check with your HR, 99% sure.

On ‎Monday‎, ‎October‎ ‎23‎, ‎2017‎ ‎01‎:‎54‎:‎09‎ ‎PM‎ ‎EDT, Lee Fennema leefennema72@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:


 

Ignorant question, sorry, this will be my first full year as a GS. Can I contribute 18k this year (18.5k next year) without counting the 4/1% matching?


Sent from Yahoo Mail for iPhone

On Monday, October 23, 2017, 5:48 PM, DON LE donle0230@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:

 

They will cap your contribution at the $18,500, matching contribution will be bi-weekly based on the amount enter for that bi-week, max 4% matching total,  not counting the 1% automatic.  If you don't make a contribution for a bi-week, such as due to going over the limit, you don't get matching.  For example, last bi-week of the year, TSP will only accept your contribution only $500 because you reach the limit, you still get the 4% matching.  If you don't make last bi-week contribution, or any bi-week contribution,  because you already reached the limit, you don't get matching.  

On ‎Monday‎, ‎October‎ ‎23‎, ‎2017‎ ‎11‎:‎39‎:‎45‎ ‎AM‎ ‎EDT, David Joe davidjoe80@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:


 

What happens if you go $100 over the annual limit and you contribute $711 per pay period? Does it just reject $100 or does it reject your entire $711 contribution?

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On Mon, 10/23/17, scsi_guru@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:

Subject: Re: [TSP_Strategy] 2018 TSP Limits
To: TSP_Strategy@yahoogroups.com
Date: Monday, October 23, 2017, 12:18 PM


 









So if there are 26 PP the amount withheld should be
$711 or $712 or $711.54 per PP? Don't want to go over
and risk losing any matching.









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Posted by: DON LE <donle0230@yahoo.com>
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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