Emergency Relief for Federal Workers Act of 2025 waives penalties for federal employees withdrawing from Thrift Savings Plan during lapse in.
The Emergency Relief for Federal Workers Act of 2025 amends the Internal Revenue Code to provide relief to federal employees affected by a lapse in appropriations. It waives the 10% additional tax on certain financial hardship distributions from the Thrift Savings Plan for federal employees who are furloughed or working without pay due to a qualified lapse in appropriations.
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