Federal Managers Association

In the News

• NEW BILL DESIGNED TO GIVE FEDS MORE OPTIONS FROM THRIFT SAVINGS PLAN - April 7, 2017

• New withdrawal options for TSP investors proposed

  By Eric Yoder, Washington Post

  Federal employees would have more options for withdrawing their retirement savings from the Thrift Savings Plan, their 401(k)-style program, under a new bill designed in part to encourage more of them keep their money in the TSP after leaving the government.

  A bill offered Thursday by Sens. Rob Portman (R-Ohio) and Thomas R. Carper (D-Del.) on the 30th anniversary of the TSP’s launch seeks to bring the program — whose terms are set by law that has changed little over that time — more up to date with similar programs.

  To read more, please click here.

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