Participant Choices of Investment Funds

Zusammenfassung

The Executive Director of the Federal Retirement Thrift Investment Board (Board) is publishing an amendment to final rules on participants' choices of Thrift Savings Plan (TSP) investment funds. The amendment has the effect of eliminating the automatic transfer to the Government Securities Investment (G) Fund of the accounts of participants who begin to withdraw their accounts as a series of equal payments. The amendment also makes participants who are receiving their accounts as a series of equal payments eligible to make interfund transfers pursuant to the same rules applicable to all other TSP participants.