Another TSP proposal pending in Congress of broader interest to most employees was conspicuous by its absence from the administration’s budget, though. That is a plan to eliminate the percentage of salary investment limits and let all investors put in up to the annual IRS maximum for such tax-advantaged plans, currently $10,500. Neither the White House nor congressional tax policy leaders have pushed that idea, largely because of its potential cost in lost tax revenue.
Fedweek
Higher TSP Investments Not Supported, Though
By: fedweek