How do I check my TSP balance?
The account access section of the TSP website allows you to access your account balance and request certain transactions.
- view your TSP.gov account balance.
- view most recent transactions.
- get your participant statements.
- allocate your contributions in the various TSP Funds.
- make withdrawals.
- make interfund transfers.
How do I log into my TSP account?
How to Access Your TSP Account Online
- Go to www.tsp.gov.
- If you know your TSP account number, enter it in the blocks on the upper left hand side and press the Log In button. ...
- If you do not know your TSP account number, click on the words "forgot your account number or user ID?"
How do I access my Thrift Savings Plan?
User ID
- Go to secure.tsp.gov to access My Account.
- Select the link, Recover user ID.
- Enter your TSP account number. ...
- Select the Submit button. ...
- Select how you want to verify your identity. ...
- Select the Submit button.
- Follow the prompts to verify your identity and select the Submit button.
Why can't I access my TSP account?
Clear browser history to fix login issue
If the “Log In” button doesn't work and you return to a blank login screen after you input your correct user ID and password, try clearing website history and cookies before you log in again. Follow instructions for the browser you use: Chrome.
How do I claim my TSP withdrawal?
Tax Reporting
The TSP reports all TSP distributions to the IRS and to the appropriate state tax agencies (if applicable) and to the TSP participant on IRS Form 1099-R (Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.).
What do you do with your TSP when you retire?
Many people in retirement elect to withdrawal the entire amount and transfer the TSP to an IRA.
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Essentially, when you retire you have 4 options for your TSP:
- Begin regular (likely monthly) installment payments. ...
- Purchase an annuity. ...
- Leave it in the TSP and let it grow. ...
- Make a single withdraw / transfer the TSP to an IRA.
At what age can you withdraw from TSP?
Is the TSP a good retirement plan?
While they may not have as many funds to choose from, TSP participants do have one big advantage over most 401(k) investors: lower fees. The total expense ratio, which covers both investment and administrative fees, is 0.055% for individual TSP funds.