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Senate Unanimously Kills 'Open Season' Restrictions for Federal Retirement Contributions
GovExec.com
July 19, 2004
Excerpt: Open seasons have been used since the inception of the 401(k)-style federal retirement savings plan to restrict TSP participants from altering their contributions too often. This year, federal workers can adjust their retirement contributions during two periods ... If it is passed by the House and signed by the president, the Senate legislation still will not affect open season restrictions on the government's matching contributions.
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