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S. and Canada please call 404-233-4400 not toll free. Form TSP-79 10/2012 Name Last First Middle TRANSFER TRADITIONAL This page is optional. You and the IRA trustee or plan administrator must complete this page if you want to transfer all or part of the traditional non-Roth portion of your final payment to a traditional IRA eligible employer plan or a Roth IRA. Thrift Savings Plan TSP-79 Change From Monthly Payments to Final Payment October 2012 THRIFT SAVINGS PLAN CHANGE FROM MONTHLY PAYMENTS ...

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What is the best way to withdraw money from TSP?

There are three basic methods of taking distributions from your TSP account as a separated or beneficiary participant: installment payments. monthly, quarterly, or annual. fixed dollar amount or based on life expectancy. partial or total distributions. annuity purchases.

What is a TSP 99 form?

Based on those answers, the online tool will generate Form TSP-99 (WEB), Withdrawal Request for Separated and Beneficiary Participants, which is a summary of the request with the participant's provided information. Depending on the circumstances, the request may be completed entirely online.

How do I avoid paying taxes on my TSP withdrawal?

If you want to avoid paying taxes on the taxable money in your TSP account for as long as possible, do not to take any distributions until the IRS requires you to do so. By law, you are required to take required minimum distributions (RMDs) beginning the year you turn 72.

What form is used for TSP withdrawal?

Complete Form TSP-77 and mail it to the TSP Service Office. (Your request cannot be processed until your agency sub- mits confirmation of your separation to the TSP.) 2. Use the TSP Web site (www.tsp.gov) to begin (and in some cases, complete) your withdrawal request.

Can I take a partial withdrawal from my TSP?

Participants can take multiple partial withdrawals (even while receiving installment payments) as long as there are at least 30 calendar days between each request. Having taken an age-based in-service withdrawal will not prevent participants from taking post-separation partial withdrawals.

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How do I request a withdrawal from my TSP?

Submit your withdrawal forms directly to the TSP Service Office. To reach the Service Office, call the TSP ThriftLine at 1-TSP-YOU-FRST (1-877-968-3778) or the TDD at 1-TSP-THRIFT5 (1-877-847-4385).

What form do I need to rollover my TSP to an IRA?

You would use a form TSP-75 for an age based withdrawal and have your financial adviser complete the part of the form that deals with transferring money out of the TSP.

What form do I fill out to pull money from TSP?

with the TSP, complete Form TSP-77, Request for Partial Withdrawal When Separated. Complete this form (TSP-70) only if you want to initiate monthly pay- ments, purchase a life annuity, receive a final lump sum payment, or a combina- tion of these from your entire vested TSP account balance.

Where do I get TSP forms?

(The most current versions of TSP forms and publications are available on the TSP website at tsp.gov.) To choose your investment fund(s), use the TSP website (tsp.gov) or call the ThriftLine at 1-877-968-3778. Outside the U.S. and Canada, call 404-233-4400.

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What is the best way to withdraw money from TSP?

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