Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

When will the Thrift Savings Plan (TSP) start?

Plan savings Thrift TSP
0
Posted

When will the Thrift Savings Plan (TSP) start?

0

Before members of the uniformed services can participate in the TSP, the law requires the President to propose and Congress to enact legislation that would offset the offset tax revenue losses through 2009 caused by member participation in the TSP. DoD estimates that about $480 million in offsetting legislation must be enacted in order to let members participate in the TSP. Until offsetting legislation is enacted, uniformed members will not be able to participate in the TSP.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123