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How to fill out the Tsp70a online
The Tsp70a form is essential for individuals looking to reestablish their account and request a complete withdrawal of their vested account balance. This guide will provide you with clear, step-by-step instructions to effectively fill out the form online, ensuring your withdrawal request is properly submitted.
Follow the steps to complete the Tsp70a form accurately.
- Click ‘Get Form’ button to obtain the Tsp70a form and open it in your browser.
- Begin by filling out Section I, which requires basic personal information such as your name, date of birth, and Social Security number. Ensure this information matches the records held by the Thrift Savings Plan.
- Proceed to Section II if you are a CSRS participant. If your account balance exceeds $3,500, complete this section to notify your spouse about your withdrawal request.
- In Section IV, indicate your preferred method of withdrawing funds. You can select a single payment, monthly payments, or a life annuity. Ensure the percentages add up to 100%.
- In Section V, if choosing to transfer any portion of your withdrawal to a traditional IRA or eligible employer plan, complete this section with the required information from your financial institution.
- If you prefer direct deposit for your withdrawal, fill Section VII. Provide your financial institution details, including account number and routing number.
- If you are requesting an annuity, complete the necessary sections on Page 3. Specify your gender, choose the annuity options, and provide information about any joint annuitants, if applicable.
- After completing all relevant sections, save your changes, download the completed form, and print a copy for your records. Remember to mail the originals to the TSP or fax them as instructed.
Complete your Tsp70a form online today to ensure your withdrawal request is processed efficiently.
Read this Withdrawal Booklet and the tax notice “Important Tax Information About Payments From Your TSP Account.” When you are ready to withdraw, use the TSP Web site or the paper form that applies to the type of withdrawal you would like (i.e., use Form TSP-70 or Form TSP-U-70, Request for Full Withdrawal, to withdraw ...
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