5 C.F.R. § 1653.35

Calculating entitlement.

Last amended: 2017Year: 2026Length: 71 wordsSubsections: 2Official source

Cite as 5 C.F.R. § 1653.35 (2026)

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. [79 FR 53604, Sept. 10, 2014, as amended at 80 FR 52606, Sept. 1, 2015]
5 C.F.R. § 1653.35: Calculating entitlement. | Justis AI