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Form TSP-41, Notification to TSP of Nonpay Status - Hawaii DoD

Form TSP-41, Notification to TSP of Nonpay Status - Hawaii DoD 2025

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The document is a form (TSP-41) used by agencies to notify the Thrift Savings Plan (TSP) of a participant's nonpay status, either for civilian or uniformed services accounts. It requires detailed information about the participant, the type of nonpay status (beginning, end, correction, or cancellation), and agency certification. Proper documentation is crucial to avoid issues with TSP loans and tax consequences.

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Versions	Form popularity	Fillable & printable
2022	4.6 Satisfied (52 Votes)
2020	4.9 Satisfied (20 Votes)
2012	4.4 Satisfied (273 Votes)
2005	4 Satisfied (26 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I contact TSP retirement?

Welcome to the Thrift Savings Plan (TSP) Find out more at tsp.gov or call 1-877-968-3778.

What should I do with my TSP when I retire?

Your TSP account is a portable retirement benefit. This means that when you withdraw your account, you can have the TSP transfer part or all of your single pay- ment or certain monthly payments to a traditional IRA or an eligible employer plan (for example, the 401(k) plan of a new employer).

How do I notify my TSP of retirement?

``If you do not repay your loan in full, a taxable distribution of the outstanding balance of your loan will be declared. You may be able to roll the amount of the distribution into an IRA or eligible employer plan within 60 days of it being declared to avoid taxes and penalties.

What is non pay status for TSP?

NOTIFICATION TO TSP OF NONPAY STATUS (AGENCY USE)

What is a TSP 41 form?

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).

Does TSP automatically send RMD?

Previously, the excise tax was 50% of the amount. Now it is 25%, and it can be reduced to 10% if you take the correct RMD within two years. If you are required to take an RMD and your distributions fall short of the required amount, the TSP will automatically send you the amount thats required.

Form TSP-41, Notification to TSP of Nonpay Status - Hawaii DoD 2025

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