What are the Contribution Limits for TSP
Contribution Limits for TSP
Many employees worry about the consequences of making contributions in excess of the Internal Revenue Service TSP contribution limits.
If an employee has made excess TSP contributions, those funds can be returned by completing Form TSP-44-Request for Return of Excess Employee Contributions. Eligible participants must complete the Form TSP-44 and send it to the TSP for processing. As soon as the TSP receives your TSP-44 your excess deferrals and earning will be returned to you.
When submitting a request for return of excess employee TSP contributions, check to make certain you use a current and updated TSP form. The TSP will not process older versions of the TSP-44.
Current TSP forms can be identified by locating the tax year found in the upper right-hand corner under the form name. If you request excess contribution limits you made in 2014, then the form should show tax year 2014.
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Access your TSP.gov Account HERE
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