WASHINGTON, Oct. 15 -- Federal Retirement Thrift Investment Board has issued a proposed rule called: Roth In-Plan Conversions.
The proposed rule was published in the Federal Register on Oct. 15 by Ravindra Deo, Executive Director, Federal Retirement Thrift Investment Board.
Summary: The Federal Retirement Thrift Investment Board (FRTIB) proposes to amend its regulations to permit participants in the Thrift Savings Plan (TSP) to convert amounts in their traditional TSP account balances to amounts in their Roth TSP account balances, subject to applicable tax consequences.
For more information, contact For press inquiries:Jim Kaplan at 202/864-7150. For information about how to comment on this proposed rule:Laurissa Stokes at 202/308-7707....