Thrift Savings Plan Emergency Withdrawal Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsor
- 1
- Latest action
- Dec 23, 2025
What it does
The bill would allow federal employees who have separated from federal service to take penalty-free withdrawals from their Thrift Savings Plans (TSP) of up to $100,000, with the withdrawn amount included in taxable income ratably over three years unless the taxpayer elects otherwise. It also permits individuals to repay the withdrawn amount into an eligible retirement plan within specified timeframes, treating such repayments as direct trustee-to-trustee transfers. The provision applies to distributions made after January 20, 2025, and is tied to the timing of annuity elections and payments under federal civil service retirement systems.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.