Title 5 — Government Organization and EmployeesRelease 119-73not60

§8440f Maximum Percentage Allowable for Certain Participants

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

Last updated Apr 3, 2026|Official source

Summary

Sets the top allowed percentage for certain contributions based on the fiscal year when the pay period starts. For pay periods beginning in fiscal year 2001 the maximum is 6 percent; 2002 is 7 percent; 2003 is 8 percent; 2004 is 9 percent; 2005 is 10 percent; and 2006 or later is 100 percent. Even with those limits, an eligible participant (as defined by section 414(v) of the Internal Revenue Code) may make additional contributions that section 414(v) and regulations from the Executive Director allow.

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 3, 2026

Release point: 119-73not60