The Military Money Manual Podcast 2024 TSP Contribution Strategy and Limits | BRS Matching Contributions #106
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.
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