Tsp 13 Form – Fill Out and Use This PDF

I.INFORMATION ABOUT YOU—This request applies to my:

Civilian Account OR

Uniformed Services Account

1.

2.

5.

Last NameFirst NameMiddle Name

7.

City

8.

State

9.

Zip Code

–

(For definitions, see the General Information section of this form.)

Date of Distribution (mm/dd/yyyy)

14.

16.

18.

19.

20.

City

21.

State

22.

Zip Code

–

23.

Participant’s Signature

24.//

Date Signed (mm/dd/yyyy)

FORM TSP-60 (4/2012)

PREVIOUS EDITIONS OBSOLETE

Use this form to request a transfer or to complete a rollover of tax-deferred money from an eligible retirement plan into the traditional (non-Roth) balance of your Thrift Savings Plan (TSP) account. You must have an open TSP account with a balance when your request is received by the TSP. Note: Money cannot be transferred or rolled over into a beneficiary participant account.

The TSP is a retirement savings and investment plan for Federal employees and members of the uniformed services. Congress established the TSP in the Federal Employees’ Retirement Sys- tem Act of 1986. The TSP is to be treated as a trust described in 26 U.S.C. § 401(a), which is exempt from taxation under 26 U.S.C. § 501(a). TSP regulations are published in title 5 of the Code of Federal Regulations, Parts 1600-1690, and are periodi- cally supplemented and amended in the Federal Register.

You must complete Sections I and III of this form, then provide the entire package to your IRA trustee or plan administrator to complete Section II. If necessary, have your IRA trustee or plan administrator return the form to you. In order for your request to be processed, it must include a completed Form TSP-60 and a check made payable to the “Thrift Savings Plan” with your name and TSP account number (or Social Security number) on the check. If we cannot identify the account to which the funds should be deposited, we will return the check to the sender.

Note: If you intend to make a full withdrawal, please wait until you receive confirmation that your transfer or rollover has been completed.

To ensure that your request is not delayed, carefully type or print the required information inside the boxes using black or dark blue ink.

SECTION I. Complete Items 1–9. Check whether this request applies to your civilian or uniformed services account. Check only one box. You cannot transfer or roll over money into multiple ac- counts using one form. If you have more than one TSP account, and you do not check a box, your form will not be processed. If you are currently a Federal employee or a member of the uni- formed services and the address you provide on this form is dif- ferent from the address in your TSP record, have your agency or service submit an address change for you. If you are separated from Federal service or the uniformed services, you can update your address on the TSP website (www.tsp.gov), or submit Form TSP-9, Change in Address for Separated Participant, to the TSP.

The address on this form cannot be used to update your TSP record.

If you have a foreign address, check the box in Item 5 and enter the foreign address as follows in Items 6–9:

First address line: Enter the street address or post office box number, and any apartment number.

Second address line: Enter the city or town name, other princi- pal subdivision (e.g., province, state, county), and postal code, if known. (The postal code may precede the city or town.)

City/State/Zip Code fields: Enter the entire country name in the City field; leave the State and Zip Code fields blank.

SECTION II. The instructions for Section II are intended for the IRA or plan representative.

If you are unwilling to complete this section, submit an IRS Let- ter of Determination or a letter (on the organization’s letterhead) confirming that the funds are being transferred from a qualified plan. Otherwise, we cannot deposit the funds into the partici- pant’s account.

If the distribution is being transferred directly to the TSP, you must mail the completed Form TSP-60 and a check for the amount being transferred to the address shown at the bottom of this page. The check should be made payable to the “Thrift Sav- ings Plan” and contain the participant’s name and TSP account number (or Social Security number). If this information cannot be provided on the check, a document must be enclosed that pro- vides this information.

If the distribution is being rolled over, you must submit a let- ter (on the organization’s letterhead) or a distribution statement that shows the date and the gross amount of the tax-deferred distribution. Return the completed Form TSP-60 and the letter (or statement) to the participant as soon as possible so that he or she can make the rollover within the allowed 60-calendar-day period.

Item 10. Check the “Transfer (Direct Rollover)” box if the funds are being transferred directly to the TSP. Check the “Rollover” box if the distribution has been paid to the participant, and he or she is sending a check in the amount of the distribution to the TSP.

Item 11. Check the appropriate box to indicate whether the distri- bution is from a traditional IRA, SIMPLE IRA, or eligible employer plan. Complete this information whether the distribution is be- ing transferred or rolled over. Note: If this distribution is from a SIMPLE IRA, you must provide written documentation showing the period of participation.

Item 12. Indicate the total gross amount of the tax-deferred dis- tribution that is being (or was) made from the IRA or plan.

Item 13. If this request is for a rollover, provide the date that the distribution was made to the participant.

Items 14–22. Read the certification and complete the requested information.

SECTION III. Read the General Information section of this form, and sign and date Items 23 and 24 if the information is correct. If you cannot certify that your transfer or rollover meets all of the requirements described, you cannot transfer or roll over your distribution into the TSP.

If you have questions, call the ThriftLine toll free at 1-877-968- 3778 or the TDD at 1-877-847-4385. Outside the U.S. and Canada, please call 404-233-4400 (not toll free).

Either mail the check and form to: TSP Rollover and Transfer

Processing Unit, P.O. Box 385200, Birmingham, AL 35238-5200. Or fax to: 1-866-458-1452 or 205-439-4501 (outside the U.S. and Canada). If you fax this form, please send your check immediately

to the TSP.

Form TSP-60 should accompany your transfer or rollover check to avoid complications. Sending the form and check separately could delay the processing of the transaction. A separate form is required for each check that you, your IRA trustee, or your plan administrator sends to the TSP.

If the TSP does not receive a Form TSP-60, but receives a check without a participant’s identification (name and TSP account number or Social Security number), the original check will be returned to the sender—that is, to the financial institution if the check was a direct transfer, or to the participant if the check was a rollover.

If the TSP receives a check with appropriate identification, but without Form TSP-60, the original check will be held for up to 15 days (without earnings) pending receipt of the completed form (and supporting documentation, if necessary). After that time, if the form (and any other necessary documentation) is not re- ceived, the check will be returned to the sender.

Be sure to read all of the general information and instructions before you complete this form.

What tax-deferred distributions will the TSP accept?

The TSP will accept both transfers and rollovers of tax-deferred money from any eligible retirement plan as defined in Internal Revenue Code (IRC) § 402(c)(8)(B). An eligible retirement plan in- cludes a traditional individual retirement account (IRA), a SIMPLE IRA to which the participant has contributed for at least 2 years, and an eligible employer plan. To be accepted by the TSP, distri- butions must meet different requirements depending on whether they are from an IRA or an eligible employer plan.

Before submitting this form, a TSP participant who would like to transfer or roll over money into the TSP should check with a representative of his or her IRA or plan to determine what portion of a distribution (if any) meets the applicable requirements, as described below.

Note: Participants are required to certify in Section III of this form that the distribution they are seeking to transfer or roll over into the TSP meets the applicable requirements. If a participant can- not sign the certification, the TSP cannot accept the transfer or rollover.

Traditional IRA. This is an individual retirement account de- scribed in IRC § 408(a) or an individual retirement annuity de- scribed in IRC § 408(b). The traditional IRA category does not include a Roth IRA, an inherited IRA, or a Coverdell Education Savings Account (formerly known as an education IRA); distribu- tions from these types of IRAs will not be accepted by the TSP.

The TSP will accept all or a portion of a distribution from a tradi- tional IRA except a distribution that:

•is a minimum distribution required by IRC § 401(a)(9); or

•consists of after-tax balances (i.e., money that has already been subjected to Federal income tax).

SIMPLE IRA. This is a Savings Incentive Match Plan for Employ- ers, an employer sponsored retirement plan available to small businesses. A TSP participant can transfer an amount from a SIMPLE IRA to the TSP, as long as he or she participated in the SIMPLE IRA for at least 2 years. Note: The TSP must receive written documentation showing the period of participation in a

SIMPLE IRA.

Eligible Employer Plan. This is a plan qualified under IRC

§401(a) (including a § 401(k) plan, profit-sharing plan, defined benefit plan, stock bonus plan, and money purchase plan); an IRC § 403(a) annuity plan; an IRC § 403(b) tax-sheltered annuity; or an IRC § 457(b) plan maintained by a governmental employer.

To be accepted into the TSP, the distribution from an eligible em- ployer plan must be an “eligible rollover distribution.”

An eligible rollover distribution is a distribution to a participant of all or a portion of his or her account. However, it cannot be:

•one of a series of substantially equal periodic payments made over the life expectancy of the employee (or the joint lives of the employee and designated beneficiary, if appli- cable), or for a period of 10 years or more;

•a minimum distribution required by IRC § 401(a)(9);

•a hardship distribution;

•a plan loan that is deemed to be a taxable distribution be- cause of default; or

•a return of excess elective deferrals.

Examples of eligible rollover distributions include: a lump sum distribution after terminating employment; an age-based in-ser- vice withdrawal; a final single payment after a series of monthly payments; monthly payments lasting less than 10 years; death benefit payments; or payments made to a spouse or former spouse pursuant to a qualified domestic relations order (QDRO). For Federal civilian employees, an eligible rollover distribution may also include some retirement benefits administered by the Office of Personnel Management (for example, a taxable portion of the Alternative Form of Annuity (AFA) or interest on lump sum retirement credits).

All of the money transferred into the TSP must be money that would have been included in the participant’s gross income for the tax year in which the transfer was made, had the money been distributed without being transferred or rolled over.

What Roth distributions will the TSP accept?

The TSP will only accept transfers of qualified and non-qualified Roth distributions from any applicable retirement plan, as defined in IRC § 402(e)(1), under which an employee may elect to make Roth contributions. An applicable retirement plan includes a plan qualified under IRC § 401(a) an IRC (e.g., a 401(k) plan); an IRC § 403(b) tax-sheltered annuity; or an IRC § 457(b) plan maintained by a governmental employer. It does not include a Roth IRA.

The TSP will not accept rollovers of qualified or non-qualified Roth distributions that have already been paid to you.

If you would like to transfer Roth money into the Roth balance of your TSP account, do not complete this form; instead, complete Form TSP-60-R, Request for a Roth Transfer Into the TSP.