Quiz 31: The Thrift Savings Plan and Social Security

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Created on November 08, 2022 By Benefits Ben

Quiz 31: TSP and Social Security

Our latest quiz is on TSP Contribution Limits and Performance, plus the Social Security Benefit Limit for 2023.

1 / 3

The 2023 Catch-Up Contribution Limit for the TSP increased by how much?

9.8%

15.4%

5%

1000%

The TSP Catch-Up Contribution Limit is increasing $1000 from $6500 to $7500 – a 15.9% increase. Read More Here.

2 / 3

Which of the 5 core TSP funds posted a loss for its October monthly return?

F

C

S

I

The only core TSP fund to post a loss in the month of October was the F Fund. Read More Here.

3 / 3

The 2023 Maximum Taxable Earning for Social Security will be …

$147,000

$157,000

$160,000

$160,200

The answer is $160,200. Last year’s maximum was $147,000. Read More Here.

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**Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Benjamin Derge and not necessarily those of RJFS or Raymond James. Links are being provided for information purposes only. Expressions of opinion are as of this date and are subject to change without notice. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors.

Thrift Savings Plan and Social Security