Title 5 — Government Organization and EmployeesRelease 119-73

§8440f Maximum percentage allowable for certain participants

Title 5 › Part PART III— - EMPLOYEES › Subpart Subpart G— - Insurance and Annuities › Chapter CHAPTER 84— - FEDERAL EMPLOYEES’ RETIREMENT SYSTEM › Subchapter SUBCHAPTER III— - THRIFT SAVINGS PLAN › § 8440f

Last updated Apr 6, 2026|Official source

Summary

Sets the top percent someone can put into the Thrift Savings Fund for pay periods that start in certain fiscal years: 2001 — 6%, 2002 — 7%, 2003 — 8%, 2004 — 9%, 2005 — 10%, and 2006 or later — 100%. Even if those limits apply, people who qualify under IRS rules in section 414(v) may make extra contributions if allowed by that IRS rule and by rules the Executive Director issues. Eligible participant — a person who fits the IRS definition in section 414(v).

Full Legal Text

Title 5, §8440f

Government Organization and Employees — Source: USLM XML via OLRC

(a)The maximum percentage allowable under this section shall be determined in accordance with the following table: In the case of a pay period beginning in fiscal year:The maximum percentageallowable is: 20016 20027 20038 20049 200510 2006 or thereafter100

(b)Notwithstanding any limitation under this section, an eligible participant (as defined by section 414(v) of the Internal Revenue Code of 1986) may make such additional contributions to the Thrift Savings Fund as are permitted by such section 414(v) and regulations of the Executive Director consistent therewith.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 414(v) of the Internal Revenue Code of 1986, referred to in subsec. (b), is classified to section 414(v) of Title 26, Internal Revenue Code.

Amendments

2002—Pub. L. 107–304 designated existing provisions as subsec. (a) and added subsec. (b).

Statutory Notes and Related Subsidiaries

Effective Date

of 2002 AmendmentAmendment by Pub. L. 107–304 effective as of the earliest practicable date determined by the Executive Director in

Regulations

, see section 1(c) of Pub. L. 107–304, set out as a note under section 8351 of this title.

Reference

Citations & Metadata

Citation

5 U.S.C. § 8440f

Title 5 — Government Organization and Employees

Last Updated

Apr 6, 2026

Release point: 119-73