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Representative of the TSP's Employee Thrift Advisory Council Is Hoping to Change Survivor Rule
GovExec.com
June 14, 2007
Excerpt: There's little doubt that the Thrift Savings Plan is a highly valued and attractive investment program for federal employees. But should participants pass away, their spouses might not see the full benefits.Currently, a surviving spouse beneficiary must either accept the assets of the TSP account as a lump sum, with the tax consequences, or have the assets transferred to a rollover Individual Retirement Account.
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