Lets retired or disabled service members keep saving for retirement through the Thrift Savings Plan.
This bill would let retired or severely disabled service members continue saving for retirement through the Thrift Savings Plan (TSP) after they leave the military. Right now, they generally can't do this unless they get another federal job. This change would allow them to put a portion of their retired pay or disability compensation into their TSP account. However, they must have had an account before leaving service.
Currently, retired service members or those with a 100% disability generally cannot contribute to the Thrift Savings Plan (TSP) after they leave the military, unless they become a federal employee again. If this bill becomes law, these individuals would be able to contribute a portion of their retired pay or disability compensation to their TSP account, provided they had an account before separating from service. However, the government would not make matching contributions for these post-separation savings.
HR 4996 · 119th Congress · August 19, 2025 · AI Summary by gemini-2.5-flash · 10/10
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Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.