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119-hr-4996119th CongressWALLET

FORWARD Act

Sponsored By: Representative Kiggans, Jennifer A. [R-VA-2]

Introduced

Summary

Would let certain retired service members and veterans rated 100% disabled contribute part of their military retired pay or VA disability compensation to the Thrift Savings Fund after separation.

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  • Eligible former servicemembers could elect to redirect a portion of their retired pay under title 10, chapter 71, or their 100% disability compensation under title 38, section 1114, into the Thrift Savings Fund if they are not federal employees and they had a TSP account before leaving service.
  • The Federal Retirement Thrift Investment Board would be directed, in coordination with the Department of Defense and the Department of Veterans Affairs, to issue implementing regulations not later than 180 days after enactment.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Veterans could keep adding to Thrift Savings Plan

This bill would let some former service members put part of their military retired pay or 100% VA disability pay into the Thrift Savings Plan (TSP) after leaving service. You would need to have had a TSP account before you separated, and you cannot be a current employee. You would make your election using the normal TSP process. There would be no government matching or automatic contributions. If enacted, this would take effect on enactment, and agencies would issue rules within 180 days.

Sponsors & CoSponsors

Sponsor

Kiggans, Jennifer A. [R-VA-2]

VA • R

Cosponsors

  • Rep. Bell, Wesley [D-MO-1]

    MO • D

    Sponsored 8/19/2025

  • Rep. Vindman, Eugene Simon [D-VA-7]

    VA • D

    Sponsored 8/26/2025

  • Rep. Courtney, Joe [D-CT-2]

    CT • D

    Sponsored 9/2/2025

  • Rep. Houlahan, Chrissy [D-PA-6]

    PA • D

    Sponsored 9/2/2025

  • Rep. Wittman, Robert J. [R-VA-1]

    VA • R

    Sponsored 9/3/2025

  • Rep. Harrigan, Pat [R-NC-10]

    NC • R

    Sponsored 9/3/2025

  • Rep. Davis, Donald G. [D-NC-1]

    NC • D

    Sponsored 9/4/2025

  • Rep. Sorensen, Eric [D-IL-17]

    IL • D

    Sponsored 9/17/2025

  • Rep. McClain Delaney, April [D-MD-6]

    MD • D

    Sponsored 9/18/2025

  • Rep. Mills, Cory [R-FL-7]

    FL • R

    Sponsored 10/24/2025

  • Rep. Schmidt, Derek [R-KS-2]

    KS • R

    Sponsored 11/25/2025

  • Rep. Tran, Derek [D-CA-45]

    CA • D

    Sponsored 12/18/2025

Roll Call Votes

No roll call votes available for this bill.

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