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#### **For More Assistance**

                        -  DLA Benefits Center Columbus** 614-692-0204** DHRSC.Benefits@dla.mil 
                        -  DLA Benefits Center New Cumberland** 717-770-4800** HRSvcs-N.BenefitsWorkbox@dla.mil 

**2023 Virtual Benefits Fair ****Representatives from all participating carriers will be available to take your questions during four live carrier chat days:
                        - Tuesday, November 14, 2023 at 10 a.m.-5 p.m. (ET)
                        - Tuesday, November 21, 2023 at 10 a.m.-5 p.m. (ET)
                        - Thursday, November 21, 2023 at 10 a.m.-5 p.m. (ET)
                        - Thursday, December 7, 2023 at 10 a.m.-5 p.m. (ET)

# Thrift Savings Plan (TSP)

The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve. It was established by Congress in the Federal Employees' Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans.

The TSP is a defined contribution plan, meaning that the retirement income you receive from your TSP account will depend on how much you (and your agency, if you are eligible to receive agency contributions) put into your account during your working years and the earnings accumulated over that time.

**TSP At a Glance for 2024:**

--If you are under 50, you can invest up to $23,000 in your TSP during the 2024 tax year. **To contribute the maximum limit of $23,000 equally over 26 pay periods, you can choose to elect $885 per pay period.**

--If you are age 50 or older the ag or will attain of 50 within the 2024 tax year, you are also eligible to make an additional $7,500 "Catch-up" contribution for a total of $30,500.** To contribute the maximum limit of $30,500 equally over 26 pay periods, you can choose to elect $1174 per pay period.**

The amounts (per pay period) are outlined in the attached charts.** To distribute TSP contributions equally over all 26 pay dates, make your election through the GRB Platform during the period December 3, 2023, thru December 16, 2023.**

For more information, see the 2024 TSP Contributions link below.
                            - 2024 TSP Contributions  (PDF)
                            - Transition to new TSP service provider  
                            - TSP Website  
                            - TSP Forms  

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