Eligibility Rules Set

Under the TSP’s guidance, in order to be eligible a participant: must be in pay status; must be contributing either the maximum TSP contribution percentage or an amount which will result in his or her reaching the elective deferral limit by the end of the relevant year; must be at least 50 years old in the year the catch-up contributions are made (even if the participant’s birthday is December 31 of that year); must not be in the 6-month non-contribution period following the receipt of a financial hardship in-service withdrawal.