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Make a copy for your records and mail the original form to: TSP Death Benefits Processing Unit, Fairfax Post Office, DEDIS \u2014 P.O. Box 4450, Fairfax, VA 22038-9998.
How do I send a fax to TSP?
Additional Information on the Thrift Savings Plan Fax Number: 1-866-817-5023. Mailing Address: Thrift Savings Plan. P.O. Box 385021. ... Fax Number: (703) 592-0151. Mailing Address: TSP Legal Processing Unit. Fairfax Post Office. ... Overnight Delivery: Attn: TSP Legal Processing Unit. 12219 Fairfax Town Center. Unit 906.
How do I report a death to Thrift Savings Plan?
Reporting a Participant's Death If a participant dies after separating from federal service or is the account holder of a beneficiary participant account, the participant's survivors should contact the ThriftLine Service Center at 1-877-968-3778.
Are TSP death benefits taxable?
Death benefits Money from the mutual fund window will be reinvested in TSP funds according to the deceased participant's investment election on file. Moving money into the new beneficiary account is not a taxable transaction.
How long does it take to get TSP death benefits?
Also, the death benefit payment can- not be transferred or rolled over into any type of IRA or plan. Timing. Payments are usually made 60 days after the beneficiary determination package is sent from the TSP, or after the TSP has received all of the in- formation it needs to make the payment, whichever is sooner.
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The Thrift Savings Plan When a TSP participant dies, the TSP account is distributed according to the participant's designation of beneficiaries on file with the TSP . If there is no designation of beneficiaries on file for a TSP account, then distribution follows the statutory order of precedence (see page 10) .
How do I notify Thrift Savings Plan of death?
Reporting a Participant's Death If a participant dies after separating from federal service or is the account holder of a beneficiary participant account, the participant's survivors should contact the ThriftLine Service Center at 1-877-968-3778.
How long does it take to get TSP death benefits?
Also, the death benefit payment can- not be transferred or rolled over into any type of IRA or plan. Timing. Payments are usually made 60 days after the beneficiary determination package is sent from the TSP, or after the TSP has received all of the in- formation it needs to make the payment, whichever is sooner.
What happens to a TSP account when someone dies?
The Thrift Savings Plan When a TSP participant dies, the TSP account is distributed according to the participant's designation of beneficiaries on file with the TSP . If there is no designation of beneficiaries on file for a TSP account, then distribution follows the statutory order of precedence (see page 10) .
Where is TSP located?
599.1 Forms and General Correspondence Mailing Address:Fax Number:THRIFT SAVINGS PLAN PO BOX 385021 BIRMINGHAM AL 352381-866-817-5023
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