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THRIFT SAVINGS PLAN TSP20 LOAN APPLICATION You must have at least $1,000 of your own contributions and earnings in your account to obtain a TSP loan. Before completing this form, read the booklet,
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How to fill out thrift savings plan tsp-20:

01
Gather all required information: Before starting the form, make sure you have all the necessary documents and information at hand. This includes your personal identification details, employment information, and beneficiary information.
02
Access the TSP website: Visit the official website of the Thrift Savings Plan (TSP) and log in to your account. If you don't have an account, create one by following the registration process.
03
Locate the tsp-20 form: Once logged in, navigate to the forms section of the TSP website. Look for the tsp-20 form, which is specifically used for requesting an interfund transfer in the TSP.
04
Understand the form instructions: Before filling out the form, carefully read the instructions provided. This will ensure that you understand the purpose of the form and the information you need to provide.
05
Fill out personal information: Begin by providing your personal details, such as your name, Social Security number, date of birth, and contact information. Make sure to double-check the accuracy of the information entered.
06
Provide TSP account details: In the next section, enter your TSP account number and the current balance. This information is crucial for accurately processing the interfund transfer.
07
Determine the transfer request: Decide the specific funds and percentages you wish to transfer within your TSP account. Fill in the desired allocation for each fund code provided on the form. Ensure that the sum of the percentages for all funds adds up to 100%.
08
Review and sign the form: Once you have filled in all the required information, carefully review the form to ensure accuracy. Then, sign the tsp-20 form electronically, as per the instructions on the TSP website.
09
Save and submit the form: After signing the form, save it and submit it through the TSP website as directed. Keep a copy of the submitted form for your records.

Who needs thrift savings plan tsp-20:

01
Federal employees: The thrift savings plan tsp-20 form is specifically designed for federal employees who have a TSP account and wish to make an interfund transfer within their account.
02
Individuals changing investment allocations: Anyone who wants to modify the allocation of their investments within their TSP account can benefit from using the tsp-20 form. This allows them to transfer funds between different TSP funds based on their investment goals and preferences.
03
Individuals nearing retirement: Employees approaching retirement age may find the tsp-20 form useful in adjusting their investment strategy within the TSP. It allows them to reallocate their TSP funds to more conservative investment options as they near their retirement date.
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