Other Withdrawal Options
For detailed information about the other withdrawal options available to you when you separate from Federal civilian employment or the uniformed services, visit Withdrawals After Leaving Federal Service.

What is a Life Annuity?

A life annuity provides guaranteed monthly payments for as long as you are alive. If you want a life annuity that pays benefits to a survivor, or joint annuitant, you have that option as well.

The life annuity is one of the withdrawal options that are available to you once you have left the Federal Government or the uniformed services, or if you have a beneficiary participant account. It is not the “basic annuity” or “pension” that you will receive as a result of your retirement coverage under FERS or CSRS, or the military retired pay that members of the uniformed services receive. If you have questions about your eligibility for the basic annuity or military retired pay, contact your agency or service.

The minimum amount with which to purchase an annuity is $3,500. This minimum applies separately to each balance, traditional and Roth.

Be aware that the life annuity is not the same as a TSP installment payment. A TSP installment payment is one of the other withdrawal options that you have as a separated or beneficiary participant.

Who is Eligible to Purchase a TSP Life Annuity?

You are eligible to purchase a TSP life annuity if you:

  • Are separated from Federal civilian employment or the uniformed services
  • Purchase an annuity with $3,500 or more of your vested account balance (applies to traditional and Roth balances separately)

Changing your contributions? Save at least 5% to get your full match.

See how easy it is to complete this form.

Let our online wizard help you with your beneficiary designation. Based on your answers to a series of questions, it will prefill the appropriate sections of your form and help you avoid mistakes that could cause your form to be delayed or rejected.

Are you separated from federal employment?

If you are separated from federal employment, you may change your address online at My Account: Profile Settings. You will need to enter your TSP account number and your web password to make this change. You may also call the ThriftLine to change your address. Active participants must notify your agency or service when you have an address change.

You cannot use this form to change your address. As a current federal employee or service member, you must change your address through your agency or service.

Are you separated from federal employment?

To change your name, you will need to provide documentation to the TSP. See the instructions on the form for documentation requirements.

You cannot use this form to change your name. As a current federal employee or service member, you must change your name through your agency or service.

Thinking of taking a loan? Please watch this first.

  • Log in to My Account and access the online wizard under "TSP Loans" to help you with your loan request.

Automatic Enrollment Refund Request

You must submit this form within 90 days of the date of the first contribution of your automatic enrollment. Has it been less than 90 days since your first contribution?

You are ineligible to receive an automatic enrollment refund. Please call the ThriftLine if you have any questions.

See how easy it is to complete this form.

Let our online wizard help you complete your court order. Based on your answers to a series of questions, it will prefill the appropriate sections of your form and help you avoid mistakes that could cause your form to be delayed or rejected.

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