5 CFR 1653.35: Calculating entitlement.
Where this section sits in the code
- Title 5—Administrative Personnel
- CHAPTER VI—FEDERAL RETIREMENT THRIFT INVESTMENT BOARD
- PART 1653—COURT ORDERS AND LEGAL PROCESSES AFFECTING THRIFT SAVINGS PLAN ACCOUNTS
- Subpart D—Process for the Enforcement of a Participant's Legal Obligation To Pay a Federal Tax Levy or Criminal Restitution Order
A tax levy or criminal restitution order can only require the payment of a stated dollar amount from the TSP. The payee's entitlement will be the lesser of:
(a) The dollar amount stated in the tax levy or enforcement letter; or
(b) The vested account balance on the date of disbursement, minus any outstanding loan balance.
Collected 2026-08-27T02:23:53Z. Source file · JSON