If you have not previously invested in the F, C, S, or I Fund, you will be asked to acknowledge the risk of investing in these funds before you are allowed to proceed with your contribution allocation. Contribution allocations made on the Web site or the ThriftLine will generally become effective within two business days. Allocations made by submitting Form TSP-50 generally will become effective within two business days of the date the TSP receives your completed form. The Web site and the ThriftLine are the most efficient ways of making a contribution allocation. However, if you are separated from service, you can still roll over money into your TSP account unless you have already made a full withdrawal of your account or are receiving monthly payments.
Rollovers consist only of before-tax money .
They will be subject to income tax when they are eventually paid to you from your TSP account. Your former plan can then send the completed Form TSP-60 and the funds to the TSP Service Office . In this situation, the money is transferred to the TSP before taxes are withheld. If you receive the money from your former plan before you decide to roll it over into the TSP, you will have 60 days to complete the rollover, beginning on the date you receive the funds. After that, the distribution will not be eligible for rollover.