FERS and CSRS TSP Accounts

If you have a traditional balance in your TSP account, the taxes on those contributions (and their earnings) are deferred until the money is paid to you. Therefore, the TSP annuity payments comprised of traditional amounts will be taxed as ordinary income in the years when you receive them.

If you have a Roth balance in your TSP account, those contributions were made after-tax. The TSP annuity payments comprised of Roth contributions will not be taxed. Whether the Roth earnings portion of any annuity payment is taxed depends on whether that particular payment meets the IRS rules for qualified earnings.

Uniformed Services TSP Accounts

Uniformed services TSP accounts may include contributions made from pay earned while serving in a combat zone. Certain pay earned in a combat zone is exempt from Federal income tax.

If you have tax-exempt money in the traditional balance of your uniformed services TSP account, and you choose to purchase an annuity, the annuity provider will calculate the amount of tax-exempt contributions that will be paid as part of the traditional portion of your annuity payment and will inform you of this amount. The tax-exempt portion of your payments will be spread out based on your life expectancy (and that of your joint annuitant, if applicable).

No Early Withdrawal Penalty Tax

Your annuity payments are not subject to the IRS early withdrawal penalty tax regardless of how old you are when they begin.

For more information, read the TSP tax notice "Important Tax Information About Payments From Your TSP Account".

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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