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You can contribute more to the TSP

The IRS has announced new limits for 2025

A close-up of a one hundred dollar bill in U.S. currency, with Benjamin Franklin’s portrait shown
USPS employees can contribute more money to the Thrift Savings Plan this year.

Postal Service employees can contribute as much as $23,500 to the Thrift Savings Plan in 2025, up from $23,000 in 2024.

The Internal Revenue Service recently announced the new contribution limits for the retirement savings plan, also known as the TSP.

Employees 50 and older can contribute an additional $7,500 to the plan in 2025, while employees 60 to 63 will be able to contribute a total of $11,250 in catch-up contributions.

Employees who are covered by the Federal Employees Retirement System, or FERS, can receive a matching contribution of up to 5 percent from the Postal Service.

USPS encourages employees who are not maxing out their contributions to consider increasing their contribution amounts whenever they can to reach their retirement savings goals.

To make changes to TSP contributions, employees should go to the MyHR website to access PostalEASE. To make changes to their investment fund, employees should go to the TSP website.