2024 Tsp Max Contribution Limit. On november 1, 2023, the internal revenue service (irs) announced the 2024 contribution limits for retirement accounts. The internal revenue service has announced the thrift savings plan (tsp) elective deferral limit for 2024 will increase to $23,000 per year.

The contribution limit is $23,000 and there are 26 pay dates in the year. The limit indicates the amount you can contribute to one or both tsp accounts.