The Clinton administration once again is asking Congress to approve legislation to allow newly hired federal employees to begin investing in the Thrift Savings Plan immediately rather than wait until the succeeding TSP open season as is now required—a waiting period that can last nearly a year, depending on hiring dates. It also repeated its call to allow rollovers into the TSP of funds in retirement plans of a previous private sector employer; currently money can be transferred out of the TSP into such plans but not vice-versa. The House last year passed a bill to enact those changes and the Senate is believed likely to approve it this year.