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House Approves TSP Modernization Bill
Government Executive
Oct. 12, 2017
"The TSP Modernization Act (H.R.3031) ... would allow federal employees and retirees to make multiple age-based withdrawals from their Thrift Savings Plan accounts and remain eligible for partial withdrawals after they leave government as well.... The bill also would allow those receiving monthly payments to change the amount of their annuity at any time, instead of only once per year. Participants could change the frequency of payments as well."
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