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2024 TSP Contribution Strategy and Limits | BRS Matching Contributions #106
Manage episode 388811665 series 3457189
What percent should you contribute each month to your TSP in 2024? If you are under the Blended Retirement System (BRS), you want to make sure that you contribute at least 5% every month and don't max out your TSP too early.
In this episode, we cover:
- 2024 TSP contribution limits
- Strategies for maximizing your contributions under the BRS
- Ways to increase your contributions this year if you are not able to max your contributions yet
Find the 2024 military TSP BRS matching contribution maximizing charts, based on the 2024 military pay raise and TSP contribution limit moving up to $23,000 at militarymoneymanual.com/military-tsp-match-max/
Our NEW course is out! Confident TSP Investor course is on sale now. For every course purchased, we'll donate one to an E-4 and below!
If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.
If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon at or at shop.militarymoneymanual.com.
I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.
Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.
The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.
141 episodes
Manage episode 388811665 series 3457189
What percent should you contribute each month to your TSP in 2024? If you are under the Blended Retirement System (BRS), you want to make sure that you contribute at least 5% every month and don't max out your TSP too early.
In this episode, we cover:
- 2024 TSP contribution limits
- Strategies for maximizing your contributions under the BRS
- Ways to increase your contributions this year if you are not able to max your contributions yet
Find the 2024 military TSP BRS matching contribution maximizing charts, based on the 2024 military pay raise and TSP contribution limit moving up to $23,000 at militarymoneymanual.com/military-tsp-match-max/
Our NEW course is out! Confident TSP Investor course is on sale now. For every course purchased, we'll donate one to an E-4 and below!
If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.
If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon at or at shop.militarymoneymanual.com.
I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.
Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.
The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.
141 episodes
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