New rule would change the reamortized debt formula for Thrift Savings Plan loans
A new rule proposed on April 18 could change how Thrift Savings Plan-based loans are repaid under reamortization terms. The Federal Retirement Thrift Investment Board, which governs the federal government’s 401(k)-style retirement plan, detailed its plan to amend a loan reamorization rule in the Federal Register. The board proposed a combination of accrued interest with the outstanding principal