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CRS Report: H.R. 6500, The Thrift Savings Plan Enhancement Act of 2008 (PDF)
Congressional Research Service [CRS]
July 31, 2008
6 pages. "On July 16, 2008, the House Committee on Oversight and Government Reform approved H.R. 6500, the Thrift Savings Plan Enhancement Act of 2008, by voice vote ... [which] would provide for newly hired federal employees to be enrolled automatically in the Thrift Savings Plan (TSP) at a default contribution rate of 3%; require the Federal Retirement Thrift Investment Board to establish within the Thrift Savings Plan a qualified Roth contribution program that provides for after-tax contributions and tax-free distributions; give the Federal Retirement Thrift Investment Board authority to include self-directed investment options in the TSP[.]" [Report RS22933, Jul. 29, 2008]
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