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Thread: TSP Installment payment withholding error - HELP!

  1. #25

    Join Date
    Oct 2008
    Location
    Stinking desert valley of bad air quality, AZ
    Posts
    2,993

    Default Re: TSP Installment payment withholding error - HELP!

    FWIW. I finally accepted the default with holding, printed the forms, had them notarized and the credit union faxed them. Then after I saw the transaction at TSP.gov and a few days later when it showed up in the account, I submitted a TSP-99 on line to change the with holding. It required no notary. This was in later 2019.

    PO

  2.  
  3. #26

    Join Date
    Apr 2005
    Posts
    14,685
    Blog Entries
    13

    Default Re: TSP Installment payment withholding error - HELP!

    Just a side note regarding the DATE a monthly distribution is made.

    Under the old system, it was shortly after the processing of the form.

    Under the new system, they say they will be paying monthly distributions only one day per month- on the 15th of the month.

    So if you submit your form on the 16th, they aren’t going to pay out until the 15th of the following month.
    That is a big change for some folks. Just keep that in mind.


    Sent from my iPhone using TSP Talk Forums

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