5 USC 8440f – Maximum percentage allowable for certain participants
Current as of: 2024 | Check for updates
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(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 percentage
allowable is: |
|---|---|
| 2001 | 6 |
| 2002 | 7 |
| 2003 | 8 |
| 2004 | 9 |
| 2005 | 10 |
| 2006 or thereafter | 100. |
(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.