when you mail it to the Thrift Savings Plan (TSP). If you request a mixed withdrawal, indicate on the top of Form W-4P the option to which the withholding applies. You should not complete Form TSP-70 if: • Your vested account balance is less than $200. The TSP will automatically send you a check for the balance of your account
Any copies of Form TSP-70/TSP-U-70, Request for Full Withdrawal, Form TSP-77/TSP-U-77, Request for Partial Withdrawal When Separated, Form TSP-79, Change From Monthly Payments to Final Payment, and Form TSP-90, Withdrawal Request for Beneficiary Participants, with a date prior to September 2019 are obsolete and will no longer be processed ...
TSP-70: Request for a Full Withdrawl: Handled via My Account** TSP-75: Age-Based In-Service 59 ½ Withdrawal Request ... ** TSP-25, TSP-60, TSP-60 R, TSP-70, TSP-75, and TSP-99 forms are obsolete; they are only available for limited participants under extenuating circumstances via ThriftLine. Bulletin: 23-2. Date: February 02, 2023.
In a recent bulletin, the Thrift Savings Plan (TSP) announced that the Federal Retirement Thrift Investment Board (FRTIB) has created new forms and online tools and made prior versions of some old forms obsolete. (See below for a consolidated list from the TSP of obsolete forms affected by the transition.)
A: No, Form TSP-70 is specifically for a full withdrawal of all your TSP funds. If you want to make a partial withdrawal, you will need to use a different form. Q: Can I roll over the funds from my TSP account into another retirement plan with Form TSP-70? A: No, Form TSP-70 does not allow for a direct rollover of funds to another retirement ...
Thrift Savings Plan participants may now submit withdrawal and loan forms online, the agency announced Monday. By logging in to “My Account” section of the TSP website (https://www.tsp.gov), participants can find an up-to-date list of TSP forms that are accepted online.Once the form is found and filled out, the participant can select “Upload Form” from the menu.
A TSP 70 form is related to a Thrift Savings Plan. The Thrift Savings Plan is used by federal employees as a savings and investment plan for retirement. It is similar to 401(k) accounts. ... Download a PDF or Word Template . Form TSP-70 2008 . Download Word File. Download PDF. Tsp-20 . Download PDF. Create TSP-20. Tsp-75 . Download PDF. Create ...
To submit the TSP-70 form, send the completed document to the Thrift Savings Plan at P.O. Box 385021, Birmingham, AL 35238. Alternatively, you may fax the form to 1-866-817-5023. If you have questions, contact the ThriftLine at 1-877-968-3778 for assistance.
Form TSP 70 is the form you need to fill up and submit when making a request for a full and immediate withdrawal of your entire vested Thrift Savings Plan (TSP) account balance. The TSP 70 form may be used only after you leave federal employment, and your employing agency confirms your separation from Federal service.
Download and print the TSP-70 form to request a full withdrawal of your Thrift Savings Plan account after leaving Federal service or the uniformed services. Follow the instructions and checklist to complete the form and submit it to the TSP.
The bulletin provides an overview of all the TSP obsolete forms along with the new form or process. You will now access your TSP My Account to access and submit your information. “If a participant submits an obsolete form, they will not hear back from us, and we are unable to process their transaction….new TSP forms are no longer generic and are now barcoded for individual participants ...
Payments, attach a copy of the form to your withdrawal request when you mail it to the Thrift Savings Plan (TSP). If you request a mixed withdrawal, indicate on the top of Form W-4P the option to which the withholding applies. You should not complete Form TSP-70 if: • Your vested account balance is less than $200. The TSP will
However, those changes are a couple years out, and for now most TSP account holders will be using the two most common forms: TSP-70 (Request For Full Withdrawal) which would be used after you have ...
The purpose of this bulletin is to notify agencies/services that the Federal Retirement Thrift Investment Board (FRTIB) has created new forms and online tools and declared prior versions of old forms obsolete as a result of the changes to the TSP withdrawal options associated with the TSP Modernization Act of 2017.
Form TSP-70, Page 2 (1/2018) PREVIOUS EDITIONS OBSOLETE TSP Account Number: (Last, First, Middle) Name: VII. CERTIFICATION AND NOTARIZATION ! This section is required. I certify that I have read the information in this pack-age, as well as the Withdrawal booklet and the TSP tax notice, and that I understand that my withdrawal election is irrevo ...
Form Tsp 70 PDF Details. The TSP-70 form, known as the Request for Full Withdrawal, serves as an essential document for participants of the Thrift Savings Plan (TSP) deciding to withdraw their entire account balance upon reaching eligibility. This can include either civilian federal employees or members of the uniformed services, emphasizing ...
My Account. TSP Account Number. User ID. Forgot your account number or user ID? My Account, Plan Participation, Investment Funds, Planning and Tools, Life Events and ...
Thrift Savings Plan Service Office National Finance Center P.O. Box 61500 New Orleans, LA 70161-1500 Make a copy of this form for your records. Mail the original to: Note: You cannot request a withdrawal for a future date that is Form TSP-70 (11/94) Telephone number: (504) 255-6000 TDD: (504) 255-5113 11: Life annuity. Your account balance must ...
The purpose of the TSP-70 form is to facilitate the full withdrawal of funds from the Thrift Savings Plan accounts by eligible participants. This form provides a structured approach for users to specify their withdrawal preferences and necessary information such as account details and identification.
