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THRIFT SAVINGS PLAN TSP-75 AGE-BASED IN-SERVICE WITHDRAWAL REQUEST Participants who are age 59 or older and are still employed by the Federal Government can use this form to request a withdrawal of

How to fill out form tsp-75 age-based in-service

How to fill out form tsp-75 age-based in-service:

1. Obtain the form: Start by downloading or requesting form TSP-75 age-based in-service from the Thrift Savings Plan (TSP) website or contacting their customer service.
2. Personal information: Fill in your personal information accurately, including your name, address, Social Security number, and contact details.
3. Employment information: Provide your current employer's details, including the name of the agency or organization, address, and your job title.
4. Contribution amount: Specify the contribution amount that you want to make to your TSP account through the age-based in-service distribution.
5. Distribution start date: Indicate the date you want the age-based in-service distribution to begin. Make sure to consider any specific requirements or restrictions outlined by your employer or the TSP.
6. Beneficiary designation: State the beneficiary or beneficiaries who should receive the funds in case of your death. You may need to provide their names, Social Security numbers, relationship to you, and the percentage or amount each beneficiary is entitled to.
7. Signature: Sign and date the form to certify the accuracy of the information provided.
8. Submission: After completing the form, follow the instructions provided to submit it to the appropriate party. This may involve sending it to your employer's human resources department or directly to the TSP.

Who needs form tsp-75 age-based in-service?

1. Federal employees: Individuals who are currently employed by a federal agency and are eligible for the Thrift Savings Plan can use form TSP-75 age-based in-service to make distributions from their TSP accounts while still working.
2. Individuals close to retirement age: This form is specifically designed for employees who are approaching retirement age and want to begin withdrawing funds from their TSP accounts through the age-based in-service distribution option.
3. Those who want to supplement their income: People who wish to supplement their regular income by making withdrawals from their TSP accounts can utilize this form to initiate the age-based in-service distribution process.

For pdfFiller’s FAQs

What is form tsp-75 age-based in-service?

Form TSP-75 age-based in-service is a form used by participants in the Thrift Savings Plan (TSP) who are eligible to make catch-up contributions due to being age 50 or older.

Who is required to file form tsp-75 age-based in-service?

Participants in the Thrift Savings Plan (TSP) who are age 50 or older and wish to make catch-up contributions are required to file form TSP-75 age-based in-service.

How to fill out form tsp-75 age-based in-service?

Form TSP-75 age-based in-service should be filled out by providing the necessary personal information, indicating the desired catch-up contribution amount, and submitting the form to the TSP administrator.

What is the purpose of form tsp-75 age-based in-service?

The purpose of form TSP-75 age-based in-service is to allow eligible participants in the TSP to make additional catch-up contributions above the regular limits.

What information must be reported on form tsp-75 age-based in-service?

Form TSP-75 age-based in-service requires information such as the participant's name, TSP account number, desired catch-up contribution amount, and signature.

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