When will the Thrift Savings Plan (TSP) start?
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.