TSP-77 Partial Withdrawal Request for Separated Employees
The TSP-77 form is used by separated employees to request a partial withdrawal from their Thrift Savings Plan account. It includes instructions for completing the form, certification, and notarization requirements. The form must be filled out completely and submitted along with necessary supporting documents.
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How do I fill this out?
To fill out the TSP-77 form, you need to provide your personal information, the amount you wish to withdraw, and your transfer election. If you're not transferring the funds, you'll need to provide direct deposit information. Make sure to sign, date, and have the form notarized.
How to fill out the TSP-77 Partial Withdrawal Request for Separated Employees?
1
Provide your personal information.
2
Indicate the amount you wish to withdraw.
3
Specify your transfer election if applicable.
4
Provide direct deposit information if you are not transferring the funds.
5
Sign, date, and have the form notarized.
Who needs the TSP-77 Partial Withdrawal Request for Separated Employees?
1
Separated employees of federal service needing to withdraw funds from their Thrift Savings Plan account.
2
Retired employees who want to take a partial withdrawal from their TSP.
3
Federal employees who are in transition and need access to their funds and want to make a partial withdrawal.
4
Participants with both traditional and Roth TSP balances wishing to transfer funds to an IRA or eligible employer plan.
5
Separated uniformed service members who need to access their TSP funds.
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You can edit the TSP-77 PDF form easily on PrintFriendly using our PDF editor. Enter your personal information, withdrawal amount, and other necessary details. Our editor also allows you to sign the document electronically.
1
Open the TSP-77 form in the PrintFriendly PDF editor.
2
Fill in your personal information and withdrawal details.
3
Use the editor to check relevant boxes and complete all sections.
4
Insert your digital signature in the certification section.
5
Save and download the completed form.
What are the instructions for submitting this form?
Submit the completed TSP-77 form along with the required supporting documents to: TSP Service Office, P.O. Box 385021, Birmingham, Alabama 35238. Fax submissions can be sent to: 1-866-817-5023. For further assistance, use the TSP website (tsp.gov) to access the online submission form and additional instructions.
What are the important dates for this form in 2024 and 2025?
Ensure to review important deadlines related to your TSP account and withdrawals as changes and updates may occur in 2024 and 2025.
What is the purpose of this form?
The TSP-77 form is primarily used by separated employees to request a partial withdrawal of their Thrift Savings Plan (TSP) funds. By completing this form, participants can specify the amount they wish to withdraw, along with details on how they want the funds transferred or deposited. This form ensures a standardized process for requesting and documenting partial withdrawals, aiding both the participants and the TSP administrators in managing the accounts efficiently.
Tell me about this form and its components and fields line-by-line.
- 1. Personal Information: Includes fields for your name, TSP account number, date of birth, and address.
- 2. Partial Withdrawal Request: Specify the amount you want to withdraw. It must be $1,000 or more.
- 3. Transfer Election: Indicate if you want to transfer any portion of the withdrawal to an IRA or eligible employer plan.
- 4. Direct Deposit Information: Optional section to provide your bank account details for direct deposit of remaining funds.
- 5. Additional Tax Withholding: Optional section to specify any additional federal income tax withholding.
- 6. Certification and Notarization: Certification of information accuracy with space for your signature and notarization.
What happens if I fail to submit this form?
Failure to submit the TSP-77 form will prevent the processing of your partial withdrawal request.
- Missing Deadline: You may miss important deadlines for withdrawing funds from your TSP account.
- Delays in Fund Access: Delays in processing and accessing your funds until the form is correctly submitted.
- Non-Compliance: Non-compliance with TSP withdrawal procedures leading to potential penalties.
How do I know when to use this form?
- 1. Separated Employees: Separated federal employees needing to withdraw part of their TSP funds.
- 2. Retired Individuals: Retirees wanting to take a partial withdrawal from their TSP.
- 3. Transferring Funds: Participants who want to transfer their TSP funds to another retirement account or financial institution.
Frequently Asked Questions
What is the TSP-77 form?
The TSP-77 form is used to request a partial withdrawal from your Thrift Savings Plan account when you have separated from federal service.
How can I fill out the TSP-77 form on PrintFriendly?
Use our PDF editor to enter your personal information, withdrawal amount, and other necessary details directly onto the form.
Can I sign the TSP-77 form electronically?
Yes, you can use PrintFriendly's signature tool to sign the form digitally.
How can I transfer my TSP funds with the TSP-77 form?
Check the relevant box in Section III and complete the appropriate transfer pages. Include these pages with your submission.
Is notarization required for the TSP-77 form?
Yes, your signature on the form must be notarized.
Can I share my filled form through PrintFriendly?
Yes, you can share your completed form using our email or link generation features.
How do I submit my completed TSP-77 form?
Submit your completed form along with necessary documents following the instructions provided on the form.
What personal information is required on the TSP-77 form?
You need to provide your name, TSP account number, date of birth, and address.
Is there a minimum withdrawal amount for the TSP-77 form?
Yes, the amount you request to withdraw must be $1,000 or more.
Can I edit my TSP-77 form after filling it out?
Yes, you can use PrintFriendly's PDF editor to make any necessary changes before submitting.
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