New TSP features and designation of beneficiary elections

The Federal Retirement Thrift Investment Board (FRTIB) has rolled out the new TSP features.  You now have access to new features and tools to make your TSP experience better. These new features include flexibility in how you access “My Account,” several options to contact TSP representatives if you need help, and the ability to complete most transactions smoothly and securely online. When accessing your new “My Account” for the first time, you must complete a one-time process to set up a new login.

As a result of the implementation of the new features, the FRTIB has had an issue with some designation of beneficiary elections rolling over. Given that, everyone is encouraged to log into their TSP account to review their beneficiary elections.  If you discover an issue, you should update your beneficiary election immediately by entering your information into your TSP account.  The TSP-3 Designation of Beneficiary Form is no longer being used for beneficiary designations. Additional designation of beneficiary information can be found on the TSP website.

For information on the new features, visit the TSP new features page. Questions may be directed to the TSP Service Office at 877-968-3778.