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Federal Managers Association

In the News

  • Friday, April 07, 2017
  • 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 TSPís launch seeks to bring the program ó whose terms are set by law that has changed little over that time ó more up to date with similar programs.

    To read more, please click here.

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