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Code · BILL · 114th Congress · S. 2943 (PAP) — To authorize appropriations for fiscal year 2017 for military activities of the Department of Defense, for military c... · Sec. 635

Sec. 635. Sense of Congress on Roth contributions as default contributions of members of the Armed Forces participating in the Thrift Savings Plan under retired pay reform

123 words·~1 min read·/bill/114/s/2943/pap/section-635·

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It is the sense of Congress that— having the contribution of a member of the Armed Forces participating in the Thrift Savings Plan
(TSP)under military retired pay reform (as enacted pursuant to part I of subtitle C of title of the National Defense Authorization Act for Fiscal Year 2016 ( Public Law 114–92 )) default to Roth contributions until the member elects not to designate such contributions as Roth contributions would aid enlisted and junior commissioned members of the Armed Forces in saving for their retirement; and the Department of Defense should assess the feasibility and advisability of making the contributions of members participating in the Thrift Savings Plan under military retired pay reform default to Roth contributions until members elect otherwise.
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Sec. 635
Sense of Congress on Roth contributions as default contributions of members of the Armed Forces participating in the Thrift Savings Plan under retired pay reform
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