{"id":393588,"date":"2026-01-07T18:27:24","date_gmt":"2026-01-07T18:27:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/393588\/"},"modified":"2026-01-07T18:27:24","modified_gmt":"2026-01-07T18:27:24","slug":"tsp-announces-schedule-for-tax-other-notices","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/393588\/","title":{"rendered":"TSP Announces Schedule for Tax, Other Notices"},"content":{"rendered":"

\t\t\"\"
\n\t\t\t\t\tIn early January, the TSP will send RMD calculation notices to separated participants who will be 73 and older in 2026 and to spousal beneficiaries with RMDs due for the 2026 calendar year.\t\t\t\t\t Image: Yuriy K\/Shutterstock.com
\n\t\t\t\tBy: FEDweek Staff<\/a><\/p>\n

The TSP has announced its schedule for issuing key notices for tax and other purposes. In its words:<\/p>\n

*\u00a0 \u201cIRS Form 1099-R\u00a0\u2014 In mid-January, the TSP will mail IRS Form 1099-R,\u00a0Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., to participants who received a withdrawal and\/or a taxed or foreclosed loan between January 1 and December 31, 2025. (Due to required processing time, withdrawals requested after noon eastern time on December 29, 2025, will be considered taxable income for 2026.) A copy of your 2025 Form 1099-R will also be available in your My Account secure participant mailbox by mid-February. If needed, corrected forms will be issued within three weeks of verifying the correction. If you\u2019re expecting a corrected Form 1099-R, you may wish to wait to file your taxes until you receive the form.\u201d<\/p>\n

*\u00a0 \u201cLife expectancy recalculation notices\u00a0\u2014 TSP life expectancy installments will be recalculated according to required updates to the assumptions used in determining those amounts. In early January, we will send notices with more information, including the recalculated amounts, to participants receiving those installments. Notices will go out based on participants\u2019 delivery preferences on file (by mail or online through the secure participant mailbox in My Account).\u201d<\/p>\n

*\u00a0 \u201cRequired minimum distribution (RMD) notices\u00a0\u2014 In early January, we will send RMD calculation notices to separated participants who will be 73 and older in 2026 and to spousal beneficiaries with RMDs due for the 2026 calendar year. Notices will go out based on participants\u2019 delivery preferences on file (by mail or online through the secure participant mailbox in My Account).\u201d<\/p>\n

The TSP added: \u201cIf you haven\u2019t done so already, we strongly encourage you to add direct deposit information in My Account to receive any installments and\/or RMDs quickly and easily. Log in to My Account at tsp.gov and go to the Financial Institutions page to add or update your direct deposit information today.\u201d<\/p>\n

Reminder \u2013 The standard maximum investment limit for TSP participants is rising for 2026 from $23,500 to $24,500; that is the \u201celective deferral limit\u201d applying in the TSP along with other similar tax-favored retirement savings plans, and applies to the combination of traditional pre-tax investing and Roth after-tax investing, for those making both types.<\/p>\n

Also effective in 2026<\/a>, TSP catch-up investments must be made in Roth status for those whose earnings in the prior year exceeded a threshold\u2014which for 2026 purposes will be $150,000 in 2025 earnings.<\/p>\n

End of Temporary Funding, Moratorium on RIFs Just Ahead<\/a><\/p>\n

OPM Stresses Monitoring of Offsite Work (Where It Still Is Allowed)<\/a><\/p>\n

OPM Lists Law Enforcement Job Categories to Receive 3.8 Percent Raise<\/a><\/p>\n

Pay Raise Coming, but Not Immediately; Some Benefit Changes to Result<\/a><\/p>\n

\u2018Meaningful\u2019 Monetary Awards Authorized for Top-Performing DoD Employees<\/a><\/p>\n

OPM Rewrites Guidance on Policies for Emergency-Related Work Disruptions<\/a><\/p>\n

See also,<\/p>\n

Figures Changing in Several Federal Workforce Benefits Policies<\/a><\/p>\n

How Withdrawal Order Affects Taxes for Federal Retirees<\/a><\/p>\n

What Retirement Date Maximizes My Federal Benefits?<\/a><\/p>\n

The Best Ages for Federal Employees to Retire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"In early January, the TSP will send RMD calculation notices to separated participants who will be 73 and…\n","protected":false},"author":2,"featured_media":393589,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":{"0":"post-393588","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-personal-finance","10":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/393588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=393588"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/393588\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/393589"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=393588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=393588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=393588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}