May 6, 2023 · To request a TSP withdrawal or distribution, log in to My Account to begin the request. You don’t need to complete a paper withdrawal form.

May 24, 2024 · We report all TSP withdrawals and distributions to the IRS, to the appropriate state tax agencies if applicable, and to you on IRS Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. Distributions from beneficiary participant accounts will be reported as death payments on IRS ...

May 2, 2024 · TSP Bulletins 12-16 and 12-U-14, Consolidation of Post-Separation Withdrawal Forms — TSP-70, Request for Full Withdrawal (Civilian) and TSP-U-70 (Uniformed Services); Forms TSP-77, Request for Partial Withdrawal When Separated (Civilian), and TSP-U-77 (Uniformed Services); and changes to TSP Post-Separation Withdrawal processing to include ...

Oct 4, 2024 · To request a TSP withdrawal or distribution after you leave federal service, log in to My Account to begin the request or contact the ThriftLine. Withdrawals and distributions cannot be reversed once they’ve been processed, so think carefully before you make a move.

Oct 17, 2023 · Submitting certain forms online — You may now submit certain TSP forms online by logging in to My Account and uploading a PDF copy of the form. You’ll find an up-to-date list of forms we accept online when you log in to My Account and select Upload Form from the menu.

Before requesting a withdrawal, you should read the TSP booklet In-Service Withdrawals and the TSP tax notice “Important Tax Information About Payments From Your TSP Account.” If you do not have these materials, you can

Oct 17, 2023 · We’re working on a new, temporary withdrawal option that waives the usual in-service withdrawal requirements and allows all COVID-affected participants to waive tax withholding. We will provide details about that soon.

Jul 18, 2022 · In-service withdrawals are withdrawals you make from your TSP account while you’re still working for the federal government or a member of the uniformed services. An in-service withdrawal can have a serious impact on your TSP account.

Jul 17, 2023 · This bulletin supersedes TSP Bulletins 12-14 and 12-U-12, Consolidation of Forms TSP-76, Financial Hardship In-Service Withdrawal Request (Civilian) and TSP-U-76 (Uniformed Services), and changes to TSP Financial Hardship In-Service Withdrawal Processing to include the Roth TSP, dated May 7, 2012.

Oct 17, 2023 · For information about post-separation withdrawals, visit the “Living in retirement” section of tsp.gov and download our updated booklet Withdrawing from Your TSP Account. To initiate a withdrawal request, you’ll use enhanced online tools in My Account.