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The Thrift Savings Plan is a tax-deferred defined contribution plan similar to a private sector 401(k) plan. The Thrift Savings Plan is one of the three parts of the Federal Employees Retirement System, and is the largest defined contribution plan in the world. As of August 2021, the board manages $794.7 billion in assets on behalf of 6.4 ...
As an example, in 2025, the L2025 fund will be retired and merged into the L Income Fund, while the L2075 Fund will be created. ... the L 2050 fund allocation may be ...
For 2025, you’ll be able to increase your annual contribution to your 401(k), 403(b), governmental 457 plans, and the federal government's Thrift Savings Plan to $23,500, up from $23,000.
As it stands, people 50 and older can add an additional $7,500 to their 401(k) contributions, bringing the total to $31,000 for 2025. That number won't change for those between 50 and 59 years old.
Contribution limits for these accounts are lower -- just $7,000 for adults under 50 in 2025 and $8,000 for adults 50 and older. But these accounts also give you greater flexibility than 401(k)s.
If you have a 401(k), or plan to have one soon, you might want to know about the SECURE 2.0 Act. This piece of legislation passed in December 2022 but set the stage for 401(k) changes in 2025.
The 2025 Championship League Invitational (officially the 2025 BetVictor Championship League Invitational for sponsorship reasons) is a professional non‑ranking snooker tournament, which is taking place from 3 January 2025 to 4 February 2025 at the Leicester Arena in Leicester, England.
January 5, 2025 at 10:33 AM If you’re looking for some relatively simple concepts to guide your finances , consider the following three rules of thumb in the coming year. They touch on budgeting ...