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Thrift Savings Plan TSP-79 Change From Monthly Payments to Final Payment October 2012 THRIFT SAVINGS PLAN TSP-79 CHANGE FROM MONTHLY PAYMENTS to final payment I. INFORMATION ABOUT YOU? 1. This request
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How to fill out tsp 79 form
How to fill out TSP 79:
01
Obtain the TSP 79 form: The TSP 79 form is available on the official website of the Thrift Savings Plan (TSP) or can be obtained from your TSP account administrator.
02
Fill in personal information: Start by providing your full name, Social Security Number (SSN), and contact details such as address, phone number, and email address.
03
Choose the type of transaction: Indicate whether you are requesting a full withdrawal, a partial withdrawal, or a loan from your TSP account.
04
Specify withdrawal details: If you are requesting a withdrawal, provide specific information about the amount you wish to withdraw and the method of payment (check or electronic funds transfer).
05
Complete tax withholding details: Indicate the federal income tax withholding amount you want to be applied to your TSP withdrawal. This is optional, but it is recommended to consult a tax professional for guidance.
06
Sign and date the form: Read the instructions provided on the TSP 79 form carefully, then sign and date it to certify the accuracy of the information you provided.
07
Submit the form: Once you have filled out the form, submit it to the designated TSP address or upload it electronically, following the instructions provided by your TSP account administrator.
Who needs TSP 79:
01
Federal employees and members of the uniformed services: The TSP 79 form is primarily used by federal employees and members of the uniformed services who have a Thrift Savings Plan (TSP) account and wish to request a withdrawal or loan from their account.
02
Individuals nearing retirement or experiencing financial need: Those who are approaching retirement or facing financial difficulties may need to fill out the TSP 79 form to access their TSP funds for retirement income or to meet emergency financial needs.
03
Beneficiaries of deceased TSP account holders: In the unfortunate event of the death of a TSP account holder, beneficiaries may need to fill out the TSP 79 form to request a withdrawal or transfer of the deceased account holder's funds.
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What is tsp 79?
TSP 79 is a form used to designate a beneficiary for a Thrift Savings Plan account.
Who is required to file tsp 79?
All TSP participants are required to file TSP 79 to designate a beneficiary for their account.
How to fill out tsp 79?
TSP 79 can be filled out online or by mail, providing the necessary information about the beneficiary.
What is the purpose of tsp 79?
The purpose of TSP 79 is to ensure that in the event of the participant's death, their account assets are distributed according to their wishes.
What information must be reported on tsp 79?
TSP 79 requires the participant to provide the beneficiary's name, relationship, date of birth, and Social Security number.
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