Notice Beneficiary Form For Tsp
Description
How to fill out Texas Notice To Beneficiaries Of Being Named In Will?
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FAQ
To add or update beneficiary information, log in to My Account. Adding and updating one or more beneficiaries to your account is easy to do and only takes a few minutes online. Before you get started, be sure to have the Social Security number, full name, birth date, and address of each beneficiary.
Once we have determined the identity of the beneficiaries, we will mail each beneficiary a notice of their beneficiary status . We will establish a TSP account for each beneficiary . Beneficiaries will also receive the TSP Payment Rights Notice, which explains the beneficiaries' tax obligations .
Reporting a participant's death to the TSP The participant's survivors can also report a participant's death?whether the participant was actively employed, separated from federal service, or the holder of a beneficiary participant account?by calling the ThriftLine Service Center at 1-877-968-3778.
Write the names of the first beneficiary(ies) you would like to receive your benefit after you die. You may name an individual(s), entity (such as a charity, business, religious organization, funeral home, etc.), trust, or estate. You may name more than one.
To designate a beneficiary or beneficiaries, log in to My Account. For us to honor it, your beneficiary designation must be on file with us at the time of your death. We cannot honor a will or any other document. By law, we must pay your properly designated beneficiary(ies) under all circumstances.