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Search Results: keywords:"thrift savings plan"

  • The H.R. 159, also known as the “Citizen Legislature Anti-Corruption Reform of Public Service Act” or the “CLEAN Public Service Act”, proposes ending future pension benefits for Members of Congress. This bill amends sections of title 5 of the U.S. Code to prevent any new...

    Simple Explanation

    The CLEAN Public Service Act aims to stop giving new retirement money to Congress members, but they can still save for retirement on their own. However, the Vice President won't have these changes apply to them.

  • S. 3837 aims to enhance financial literacy training for members of the Armed Forces. The bill proposes changes to the training program, including adjusting the rank eligibility for training and ensuring the curriculum focuses on building financial literacy skills. It mandates...

    Simple Explanation

    The bill wants to help soldiers learn about money by having special classes where they can learn from experts, and their spouses can join online too. This will help them make smart choices with their money.