When the new TSP Modernization Act is Implemented will it really be Modern?

[militaryman]

What I mean is will we be able to take advantage of all these wonderful changes and options for withdrawal via a modern, secure website or will we still need to fill out a paper form to make a partial withdrawal or to change our monthly recurring amount etc.... Any idea?

 

[tsptalk]

Welcome militaryman! Thanks for joining us.

I haven't read anything about that kind of modernization. It seems their goal was to better compete with IRA's regarding withdrawals.

Here's an FAQ page from tsp.gov about the changes...

https://www.tsp.gov/PDF/formspubs/tspfs10.pdf

 

[felinecrl]

@militaryman. I suppose some features that you mentioned will remain the same as far as the paper trail, because of the required notarized document for married individuals.


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