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 ...
load the withdrawal forms or request them from the TSP Service Office. Submit Form TSP-70 or TSP-U-70, Request for Full Withdrawal, or Form TSP-77 or TSP-U-77, Request for Partial Withdrawal When Separated, as described on page 4. Limitations on Leaving Your Money in the TSP Contributions, loans, and in-service withdrawals.
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.
The TSP said new new forms are no longer generic and are now barcoded for individual participants. Participants can complete most TSP transactions online by logging into the “My Account” section which has tools and and instructions to request withdrawals and distributions, designate beneficiaries, change TSP investments, and more.
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 ...
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.
FORM TSP-70, INFORMATION AND INSTRUCTIONS FOR PAGE 1 Form TSP-70 (6/2013) PREVIOUS EDITIONS OBSOLETE Use this form if you are separated from Federal service or the uniformed services and you want to request a full withdrawal of your entire vested account balance in the form of a single payment, monthly payments, life
A: To fill out Form TSP-70, you will need to provide your personal information, TSP account details, and choose the withdrawal options that apply to you. Q: Is there a deadline to submit Form TSP-70? A: There is no specific deadline to submit Form TSP-70, but it is recommended to submit it at least 30 days before you want to receive your ...
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 ...
1. Complete TSP Form TSP-70 or TSP-77. To initiate the rollover, you’ll need to complete the appropriate form: If you are separated from federal service, complete TSP-70 (Request for Full Withdrawal) or TSP-77 (Request for Partial Withdrawal). If you are 59½ or older and still employed, use TSP-75 (Age-Based In-Service Withdrawal Request).
The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve. It was established by Congress in the Federal Employees’ Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans.
The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve. It was established by Congress in the Federal Employees’ Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans.
What is a TSP 70? 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. The TSP 70 form is used to request a full withdrawal from a Thrift Savings Plan due to employment ending for any reason.
Form TSP-70, Page 2 (11/2015) RE E EE 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 - cable.
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 (6/2013) PREVIOUS EDITIONS OBSOLETE FORM TSP-70, INFORMATION AND INSTRUCTIONS FOR PAGE 2 SECTION IV. WITHDRAWAL ELECTION. You must complete Item 23. You may withdraw your account balance by choosing any one, a com-bination of any two, or all three of the basic withdrawal options (single payment, life annuity, TSP monthly payments).
THRIFT SAVINGS PLAN TSP-70-A LATE REUEST FOR FULL WITHDRAWAL Do Not Write Below This Line fifi.II MARRIED FERS AND UNIFORMED SERVICES PARTICIPANTS — If your total TSP account balance is more than $3,500, your spouse is entitled to a joint life annuity with a 50% survivor benefit, level payments, and no cash refund. Check Item 11 be-
