119-hr4996

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4996 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 4996

 To amend title 5, United States Code, to allow retired or certain 
disabled members of the uniformed services to contribute to the Thrift 
 Savings Plan after separation, and for other purposes.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 August 19, 2025

 Mrs. Kiggans of Virginia (for herself and Mr. Bell) introduced the 
 following bill; which was referred to the Committee on Oversight and 
 Government Reform

_______________________________________________________________________

 A BILL

 To amend title 5, United States Code, to allow retired or certain 
disabled members of the uniformed services to contribute to the Thrift 
 Savings Plan after separation, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Financial Opportunities for Retirees 
and Warriors Advancing Retirement Development Act'' or the ``FORWARD 
Act''.

SEC. 2. ELIGIBILITY OF RETIRED OR DISABLED MEMBERS OF THE UNIFORMED 
 SERVICES TO CONTRIBUTE TO THRIFT SAVINGS PLAN.

    (a) In General.--

Section 8440e of title 5, United States Code, is 
amended by adding at the end the following:
 ``

    (f)

    (1) Any individual who is a former member of the uniformed 
services and who is entitled to retired pay under chapter 71 of title 
10, or who is in receipt of compensation under 

section 1114 of title 38 
for a disability rated at 100 percent, and who is not an employee may 
elect to contribute a portion of such pay or compensation to the Thrift 
Savings Fund.
 ``

    (2) An election to contribute to the Thrift Savings Fund under 
this subsection may be made as provided under 

section 8432

    (b) .
 ``

    (3) No contributions shall be made for the benefit of an 
individual described under paragraph

    (1) under 

section 8432 of this 
title.
 ``

    (4) An individual described under paragraph

    (1) may not 
contribute to the Fund under this subsection unless such individual had 
an account within the Fund before the date the individual separated 
from the uniformed services or the civil service.''.

    (b) Regulations.--Not later than 180 days after the date of the 
enactment of this Act, the Federal Retirement Thrift Investment Board, 
in coordination with the Department of Defense and Department of 
Veterans Affairs, shall issue regulations to implement this Act and the 
amendments made by this Act.
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