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TSP Unveils Plans for Expanding Withdrawal Options
Government Executive: Officials with the federal government’s 401(k)-style retirement savings program announced Tuesday that they are on track to implement the provisions of a law making it easier for participants to manage their investments.
The Thrift Savings Plan has until November to implement the 2017 TSP Modernization Act. That law will allow federal employees and retirees to make multiple age-based withdrawals from their TSP accounts and remain eligible for partial withdrawals after they leave government.
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