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Frequently Asked Questions Retirement

I belonged in FERS. My agency discovered the mistake and corrected my records. I withdrew my TSP contributions. Can I now make an election under FERCCA?

It depends on when you withdrew your TSP contributions and the kind of withdrawal you made.

You can make an election under FERCCA if you:

  • Separated from Government service after your agency corrected your records—but you did not retire—and the TSP automatically paid your account balance to you because it was $3,500 or less;
  • Retired and withdrew your TSP contributions; or
  • Received a financial hardship in-service withdrawal, or a TSP loan.
You cannot make an election under FERCCA if you:
  • Separated from Government service after your agency corrected your records—but you did not retire—and you withdrew your TSP contributions. This does not include the TSP automatic payment described above; or
  • Received an age-based in-service withdrawal from your TSP account while employed.

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