In CommitteeFiled Jun 9, 2026
Sponsor: Rep. Bost, Mike [R-IL-12] (R)
Latest Action
Referred to the House Committee on Oversight and Government Reform.
Jun 9, 2026
Summary
The TSP Modernization Act lets participants move money from their Thrift Savings Fund accounts to qualified retirement plans at brokerage firms electronically. It applies to anyone with a TSP account and requires them to give the necessary information to the Federal Retirement Thrift Investment Board. The change is intended to make transfers faster and easier.
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