From db03ab34c5ce5d57e137ac25b1012407abe3221b Mon Sep 17 00:00:00 2001 From: Ashley Wichman Date: Wed, 28 Feb 2024 15:26:05 -0700 Subject: [PATCH] Update TSP info Update old links, remove outdated info --- pages/getting-started/classes/benefits.md | 26 +++++------------------ 1 file changed, 5 insertions(+), 21 deletions(-) diff --git a/pages/getting-started/classes/benefits.md b/pages/getting-started/classes/benefits.md index 596a48d39..f28945a3e 100644 --- a/pages/getting-started/classes/benefits.md +++ b/pages/getting-started/classes/benefits.md @@ -517,12 +517,9 @@ document. Employees at TTS are eligible to participate in the [Thrift Savings Plan](https://www.tsp.gov/index.html) (TSP). For more information on TSP, please refer to the -[TSP Insite page](https://insite.gsa.gov/topics/hr-pay-and-leave/benefits/thrift-savings-plan?term=tsp). +[TSP Insite page](https://insite.gsa.gov/employee-resources/hr-eeo-pay-and-leave/benefits/thrift-savings-plan?term=tsp). -To start, change, or stop your contributions, you'll need to fill out -[Form TSP-1](https://www.tsp.gov/PDF/formspubs/tsp-1.pdf). - -You can also update TSP directly in [HR +You will update TSP directly in [HR Links]({% page "/travel-and-leave/leave/#logging-into-hr-links" %}) by following this [visual guide](https://corporateapps.gsa.gov/corporateapps/files/Updating-TSP-Traditional-or-Roth.pdf) @@ -532,24 +529,11 @@ or these steps: 2. Click on the **TSP** tile/row to view and edit your contribution amounts 3. Click **Save** -If you ever move, you can update your address for TSP by emailing it to both the -[Consolidated Processing Center](mailto:cpc.personnel@gsa.gov) and the -[GSA Payroll Office](mailto:KC-Payroll.Finance@gsa.gov). Payroll will notify the -TSP office of your new address. - -To transfer your previous retirement account into your TSP, you'll need to fill -out a [Form TSP-60](https://www.tsp.gov/PDF/formspubs/tsp-60.pdf) for every -account you want to roll over. If you need help, you can call them by dialing -**1-877-968-3778**. Be sure to have your TSP account number and your SSN and -mailing address handy. +If you had been contributing to a 401k, 403b, or a similar plan at a previous employer this year, your total contribution for all similar plans cannot be higher than the [annual limit](https://www.tsp.gov/making-contributions/contribution-limits/). -If you have been contributing to a 401k, 403b, or a similar plan at your -previous employer, your total contribution for all similar plans cannot be -higher than [the annual limit](https://www.tsp.gov/bulletins/20-8/). +You can roll over money from eligible retirement plans to your TSP account. TSP offers a rollover concierge service and a self-service option. Visit the [TSP Move Money page](https://www.tsp.gov/tsp-basics/move-money-into-tsp/) for details. -You may need to include a special additional statement with your tax return -explaining you rolled over your IRA to the TSP. For guidance on this, see the -[IRS interactive guide to "Do I Need to Report the Transfer or Rollover of an IRA or Retirement Plan on My Tax Return?"](https://www.irs.gov/help/ita/do-i-need-to-report-the-transfer-or-rollover-of-an-ira-or-retirement-plan-on-my-tax-return). +There are numerous free TSP webinars available: vist the [TSP Online Learning page](https://www.tsp.gov/online-learning/) to view descriptions and dates. ## Training