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The document is an election form (TSP-1) for the Thrift Savings Plan (TSP), allowing participants to start, stop, or change their contribution amounts. It includes sections for personal information, contribution adjustments, and agency use. Participants are advised to read the accompanying summary and instructions before submission. The form also outlines privacy notices regarding the use of provided information.

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How do I file a TSP 1?

To make this request, log in to My Account or use the ThriftLine Service Center. We must receive your request within 90 days of your first contribution. Complete this section to start your TSP contributions or to change the amount and type of contributions.

Where can I get TSP 70 form?

You can complete Form TSP 70 Form here (http://www.tsp-70.com/) and post it to TSP (Thrift Savings Plan P.O. Box 385021 Birmingham, AL 35238), fax it to 1-866-817-5023, or use the TSP.gov website to initiate, and in some cases, even complete the withdrawal online.

How do I do a one time withdrawal from my TSP?

To request a withdrawal, log into My Account on the TSP website and click on the \u201cWithdrawals and Changes to Installment Payments\u201d link on the menu. From there you'll have access to an online tool with which to start your withdrawal.

How do I setup my TSP for the first time?

To start contributing to the TSP, complete the TSP Election Form ( TSP-U-1 ). The form can be downloaded from https://www.tsp.gov/making-contributions/start-change-stop-contributions/. On this form, indicate the percentage of basic pay, incentive pay, special pay, or bonus pay to be contributed.

When can I take money out of TSP without being penalized?

Age-59 ½ in-service withdrawals are withdrawals that you can make from your TSP account when you're age 59½ or older. We determine your age based on the date of birth reported by your employing agency or service. If that date is incorrect, you must ask your agency or service to change it.

What is TSP 1 form used for?

Use this form to start, stop, or change the amount of your contributions to the Thrift Savings Plan (TSP).

How long does it take for TSP to be approved?

The processing time for initial Form I-821, Application for Temporary Protected Status, is approximately 6 months; the processing time for Form I-765, Application for Employment Authorization, is approximately 3 months; the processing time for Form I-131, Application for Travel Document, is approximately 6 months.

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.

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