Dan and Katelyn review the updated IRMAA brackets and TSP contribution limits for 2025, covering the new thresholds and breaking down contribution limits by age group.
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The Fed15 Podcast: 2025 IRMAA Brackets & TSP Contribution Limits Explained.
Katelyn explains the updated IRMAA brackets for 2025, starting with a brief overview of how IRMAA is calculated and how taxable income affects Medicare costs. She then covers the new thresholds and premiums for 2025, along with important considerations like income type and timing.
Dan covers the new TSP contribution limits for 2025, starting with the standard limit and how to maximize it. He explains catch-up contributions for those over 50 and breaks down contribution limits by age group. Dan also highlights the special catch-up option for those aged 60-63. He concludes by emphasizing the importance of regularly reviewing your contributions.
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