TSP-3 2011 free printable template

This Designation of Beneficiary form will stay in effect until you submit another valid Form TSP-3 or you cancel it. A witness must be age 21 or older. Form TSP-3 5/2013 PREVIOUS EDITIONS OBSOLETE THRIFT SAVINGS PLAN TSP-3 DESIGNATION OF BENEFICIARY This form is designed to be read by an optical scanner. Witnesses who signed Page 1 must also sign and date each additional page. Note If a named beneficiary dies you may prefer to submit another Form TSP-3 to change your designation s. If you...

How to fill out tsp form 3 2011

Instructions on how to fill out tsp form 3:

1. Gather all relevant information: Before filling out tsp form 3, make sure you have all the necessary information at hand. This includes your TSP account number, personal details, and any specific instructions or guidelines provided by the Thrift Savings Plan (TSP).
2. Fill in personal details: Begin by filling in your personal details such as your full name, social security number, and contact information. Ensure that all information is accurate and up-to-date.
3. Provide employment information: Specify your current employing federal agency or service and your position or job title. If you have multiple employments, you may need to attach an additional form or provide supplementary information.
4. Indicate your beneficiary information: In this section, you will need to designate your beneficiaries for your TSP account. Provide the full name, relationship, and social security number of each beneficiary. You may also need to specify the percentage of the account each beneficiary should receive.
5. Make contribution elections: Here, you can decide how much money you want to contribute to your TSP account. You may choose between a dollar amount or a percentage of your salary. Additionally, you may elect to make traditional (pre-tax) or Roth (after-tax) contributions. Select the appropriate options based on your financial goals and circumstances.
6. Review and sign the form: Once you have completed all the required sections, carefully review the form to ensure accuracy. Ensure that all information is legible and there are no errors. Finally, sign and date the form in the designated area.

Who needs tsp form 3?

1. Federal employees: TSP form 3 is primarily used by federal employees who participate in the Thrift Savings Plan. It is necessary for managing their TSP accounts and making various transactions or changes.
2. Active duty uniformed services members: Members of the uniformed services who contribute to the TSP also need to fill out tsp form 3. This allows them to manage their TSP accounts effectively and make necessary adjustments.
3. Beneficiaries: While beneficiaries do not typically fill out tsp form 3 themselves, the information provided by the account holder on this form ensures that designated beneficiaries receive their entitled benefits in the event of the account holder's death.

• Who needs a TSP-3 form?
• What is the purpose of the TSP-3 form?
• Which documents must accompany the TSP-3 form?
• • How long does it take to fill the form out?
  • What information should be provided in the TSP-3 form?
  • What do I do with the form after its completion?

Who needs a TSP-3 form?

This form is used by the individuals who want to designate a beneficiary to receive their Thrift Savings Plan (TSP) account after their death. Your TSP account can be transferred according to the statutory order of precedence (to the widow; children; parents; appointed executor; next of kin entitled to the estate under the laws of the state), but if you want some special terms — fill out this form.

What is the purpose of the TSP-3 form?

The Designation of Beneficiary is completed to assign the specific beneficiaries to receive money from the TSP account after the applicant’s death. The TSP must receive this form before the person who fills it dies.

Which documents must accompany the TSP-3 form?

This form may be accompanied by additional documents on the TSP request.

How long does it take to fill the form out?

The estimated time for completing the form is 60 minutes. The form should be completed when there is a need.

What information should be provided in the TSP-3 form?

The filler must print all the information as it will be read by an optical scanner.

The TSP-3 form contains the following parts for completion:

• Participant information (name, TSP account number, date of birth, daytime phone, address)
• Cancellation
• Signatures (of the participants and witnesses)
• Primary beneficiary designations (enter the share for each beneficiary as a whole percentage)
• Contingent beneficiary designations (they will share the portion of the TSP account that you designated for a specific primary beneficiary who dies before the applicant).

The filler and the witnesses must sign and date all additional pages.

What do I do with the form after its completion?

The completed and signed Designation of Beneficiary is forwarded to the Thrift Savings Plan, Birmingham, AL. If you have any questions concerning the form, call the toll-free Thrifting 1-877-968-3778.

Video instructions and help with filling out and completing tsp form 3

Instructions and Help about formtsp 3

Hello this is Dave Barclay with electronics incorporated I like to show you a couple of things that you can adjust on your TSP 3 gauge from electronics incorporated first thing I'm going to do is turn the gauge on by pushing the zero on button, and you can see that we are in inch mode by the n in the lower right corner and if I push down on a dial indicator we are down four decimal places in inch mode to switch to metric I'm going to push the inch metric button or inch millimeter button, and you note that down here in the bottom right corner, and I'll show that shows mm so in millimeter mode and if I push down we're showing three decimal places out in millimeters however if you take a closer look at this you can see that the resolution of that third decimal place is only a 2 4 6 8 and 0 that's not acceptable purge a 443, so I need to make a resolution change on the gauge so in order to make a resolution change you need to go in a program mode to do this we're going to push the inch millimeter button while pushing them off button at the same time and that brings up this m1 to start with and this shows it we're in program mode now this m1 is selecting the zoom resolution of this scale across the top of the gauge we want to leave that in x1, so we're going to go to the next mode by pushing the em off button again you can see we're in m2 this should all be zeroed out so if it's not zero hit zero one button to zero it, and we're going to go to m12 then a m23 and then finally m1 and then a space and a three this is where we want to be to make a resolution change here it's showing us that we are three decimal places out and that our resolution is set at point zero to buy toggle through the options with selecting the inch millimeter button I can just hit at one time, and now I'm down to point zero one resolution I'll go ahead and toggle it again to show you other options now to point zero zero zero five resolution two and then even more course settings, but we want three decimal places at point zero one and once I'm there I'm just going to hit the em off button again and put us back into operational mode and when I push down on the indicator you can see how are getting those odd numbers in there again, and we're three decimal places, so now we're conforming to Jay 443 requirements now sometimes people receive their gauge in this condition to wear when it's operating in metric it's working just fine having the three decimal places with the proper resolution but then when you switch it over in the English or into the inch mode pushing the inch millimeter button and I push down on the dial indicator you can see we're down five decimal places and our resolution is point zero zero zero zero five well this can be troublesome for some people, so I am going to show you how to switch it back and when you are in inch mode you're going to do the same procedure we're going to push both the em off an inch millimeter button at the same time bringing up on our program...

People Also Ask about tsp form 3

What is a TSP 75 withdrawal form?

The TSP-75 form is an Age-Based In-Service Withdrawal Request. Someone who is over the age of 59 and a half and still employed by the federal government can use this form to request a withdrawal of funds from their Thrift Savings Plan. This form will require personal information so the account can be identified.

What is a TSP 77 form?

A TSP 77 form is used with Thrift Savings Plans (TSPs). A TSP is a retirement account that is only available if they are a federal employee, a member of the US Armed Forces, or their family members. This form is also known as a Request for Partial Withdrawal When Separated.

How do I fill out a TSP-3 form?

To complete a TSP-3, you will need to provide the following information: Participant Information. Name. Cancellation. Indicate if you want to cancel all previous designations without naming new beneficiaries. Primary Beneficiary Designations. Relationship to you. Signatures. Contingent beneficiary designations.

What is a TSP form 3?

Use this form to designate a beneficiary or beneficiaries to receive your Thrift Savings Plan (TSP) account after your death. If you would like your TSP account to be distributed ing to the statutory order of precedence, do not complete this form.

What is the TSP form for full withdrawal?

Form TSP 70 is the form you need to fill up and submit when making a request for a full and immediate withdrawal of your entire vested Thrift Savings Plan (TSP) account balance. The TSP 70 form may be used only after you leave federal employment, and your employing agency confirms your separation from Federal service.

For pdfFiller’s FAQs

What is tsp form 3?

TSP Form 3 refers to a form used in the Thrift Savings Plan (TSP), which is a retirement savings plan for federal employees in the United States. Form 3 is used to designate or update a beneficiary for the TSP account. The beneficiary is the individual or individuals who would receive the TSP account balance in the event of the participant's death.

Who is required to file tsp form 3?

TSP Form 3, also known as the Designation of Beneficiary Form, is required to be filed by all participants of the Thrift Savings Plan (TSP) who wish to designate beneficiaries to receive the remaining balance of their TSP account in the event of their death. It is a crucial form to ensure that the TSP account's funds are distributed according to the participant's wishes.

How to fill out tsp form 3?

Form TSP-3, Designation of Beneficiary, is used to designate the individual(s) who will receive your Thrift Savings Plan (TSP) account balance in the event of your death. Here's a step-by-step guide on how to fill out the form: 1. Begin by entering your personal information in Section I. - Provide your full name, Social Security Number, and date of birth. 2. In Section II, enter the name, relationship, and contact information of your primary beneficiary/beneficiaries. - Indicate the percentage or fraction of the account balance that each beneficiary will receive. - If more than one primary beneficiary is designated, the percentages must total 100%. 3. If you want to designate a contingent beneficiary (someone who will receive the account balance if all primary beneficiaries predecease you), enter their information in Section III. - Indicate the percentage or fraction they will receive. 4. Section IV is optional. Use it to designate specific dollar amounts or specific investments for each beneficiary. - If you leave this section blank, the account balance will be divided equally among the beneficiaries. 5. You must date and sign the form in Section V. - If you are designating more than one primary beneficiary, each primary beneficiary must also sign and date the form. 6. If you are a federal employee, you must have your employing agency or service sign and date Section VI. 7. Submit the completed form to the Thrift Savings Plan (TSP) address provided on the form itself. - It is recommended to make a copy of the form for your own records before mailing it. Remember to review the information provided on the form carefully to ensure accuracy. If you have any doubts or questions, it's advisable to consult a financial advisor or contact the Thrift Savings Plan directly for assistance.

What is the purpose of tsp form 3?

The purpose of TSP Form 3 is to authorize the Thrift Savings Plan (TSP) to make certain types of payments to an individual or entity. This form is used when a participant wants to designate beneficiaries for their TSP account. The TSP is a retirement savings and investment plan for federal employees and members of the uniformed services, and Form 3 helps ensure that the participant's TSP funds are distributed according to their wishes after their death.

What information must be reported on tsp form 3?

TSP Form 3, also known as the Designation of Beneficiary Form, is used to designate beneficiaries for a Thrift Savings Plan (TSP) account. The form must include the following information: 1. Participant Information: The full name, Social Security Number (SSN), and date of birth of the TSP account holder (participant). 2. Beneficiary Information: The full name, relationship to the participant, SSN or Taxpayer Identification Number (TIN), and date of birth of each designated beneficiary. If the beneficiary is an entity (such as a trust, estate, or organization), additional information may be required. 3. Share Allocation: The percentage or specific dollar amount of the TSP account that is allocated to each beneficiary. The total allocation among all beneficiaries should add up to 100% or the full account value. 4. Contingent Beneficiary: The form may also allow for the designation of contingent beneficiaries. These are individuals or entities who would receive the assets if all primary beneficiaries are deceased. The same information as above would be required for contingent beneficiaries. 5. Participant's Signature and Date: The participant must sign and date the form to indicate their consent and acknowledgment of the designated beneficiaries. It's important to note that TSP Form 3 may vary depending on the version and updates made by the Federal Retirement Thrift Investment Board (FRTIB). Therefore, it is recommended to consult the official TSP website or contact the TSP service provider for the most up-to-date version of the form and any specific requirements.

What is the penalty for the late filing of tsp form 3?

The Thrift Savings Plan (TSP) does not specify a penalty for the late filing of Form TSP-3 (Designation of Beneficiary). However, it is highly recommended to keep beneficiary information up to date to avoid any complications in case of death or the need for beneficiary designation changes. It is best to contact the TSP (phone: 1-877-968-3778) directly for specific guidance on late filings and any potential consequences.

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