Rules and Regulations

This section of the FEDERAL REGISTER below, the comments received relate to accounts, an option that the FRTIB didcontains regulatory documents having generalchanges that are prohibited by FERSA orconsider. Because the volume ofapplicability and legal effect, most of whichother laws or unduly burdensome towithdrawal transactions processed byare keyed to and codified in the Code ofgulations, which is published underimplement from an administrativethe TSP is so large, its withdrawalFederal Re50 titles pursuant to 44 U.S.C. 1510perspective; therefore, the FRTIB iselection form processing is highlypublishing the proposed rule as finalautomated. As a result, the complexityThe Code of Federal Regulations is sold bywithout change.involved in updating withdrawalthe Superintendent of Documents.Six individuals requested the abilityelection forms and the associatedto convert a traditional balance to a Rothprogramming to permit fund-specificbalance within the TSP. The FRTIB has,withdrawals renders this optionFEDERAL RETIREMENT THRIFTin the past, considered allowing in-planimpracticable at this time.INVESTMENT BOARDRoth conversions and ultimatelyOne commentator asked that post-5 CFR Parts 1650 and 1651concluded that the tax complexitiesseparation withdrawals be exempt frominvolved and, in particular, thethe 10 percent additional earlyAdditional Withdrawal Optionspotential irreversible financial pitfallsdistribution tax regardless of thefor participants, weighed against doingparticipant’s age.