This formal authorization from Congress would allow the TIB to honor an IRS notice of levy.
FORBES: Hatch Seeks to Clarify Rules on Tax Levies
The Thrift Investment Board (TIB) takes a different position, stating that the money in a TSP cannot be levied.
The TIB relies on language in the statute that seems to imply that such a levy would be prohibited, no matter the circumstances.
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