Meanwhile, legislation (HR-3340 and S-1822) to allow TSP investors age 50 and older to make special “catch-up” investments over and above the percentage of salary or dollar limit amounts applying to them has hit a snag in Congress. The Congressional Budget Office has said that the costs in lost tax revenue from passage of the measure would have to be offset, even though assurances were given during consideration of a tax bill last year that the costs of making the change apply to the TSP were assumed in that bill. Under last year’s tax reform bill, 401(k) plans and similar retirement savings programs may allow catch-up contributions for their investors age 50 and older of $1,000 this year, $2,000 in 2003, $3,000 in 2004, $4,000 in 2005 and $5,000 in 2006, with amounts after that indexed for inflation. Separate legislation is needed to make that provision apply to the TSP; until issuance of the CBO letter, the effort had been on a legislative fast track.