Tsp 15 2025

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The document is the U.S. TSP Form TSP-15, which is used by separated participants of the Thrift Savings Plan to report a change of name and update their address in their TSP account. It outlines the necessary information required, instructions for submission, and legal implications of providing false information.

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What does TSP count as?

You have several options for how to use the money in your TSP account after you retire or separate from federal service or the uniformed services. You can keep money in your TSP account as long as you want to.

What is TSP basic mean?

The Thrift Savings Plan (TSP) is a defined contribution retirement savings and investment plan that offers Federal employees the same type of savings and tax benefits that many private corporations offer their employees under 401(k) plans.

Is a TSP the same as a 401k?

It is similar to a 401(k) plan but tailored for government workers. The TSP offers a variety of low-cost investment options, making it one of the most affordable ways to save for retirement.

How much of my pay should I put in TSP?

As long as you are contributing at least 5% of your bi-weekly gross pay each pay period, you will receive the 4% Agency Matching contributions each pay period. Additionally, you will receive the Agency Automatic 1% contribution each pay period.

What is TSP basic deduction on my paycheck?

The first 3% is matched dollar-for-dollar by your agency or service; the next 2% is matched at 50 cents on the dollar. This means that when you contribute 5% of your basic pay, your agency or service contributes an amount equal to 4% of your basic pay to your TSP account.

What is TSP basic on my paycheck?

Agency/Service matching contributions This means that when you contribute 5% of your basic pay, your agency or service contributes an amount equal to 4% of your basic pay to your TSP account. Together with the Agency/Service Automatic (1%) Contribution given to you, your agency/service puts in a total of 5%.

Tsp 15 2025

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