Power of attorney for TSP
Moderator: Aitrus
Power of attorney for TSP
If I become incapacitated (coma, Alzheimer's) but not dead, will a general power of attorney document allow my spouse to access my TSP account or do I need to use their "special" form. Could I fill one out and have it in my safety deposit box, or does it need to be filed immediately with the TSP? Anyone have experience with this?
Re: Power of attorney for TSP
I'm not sure if a General POA would suffice for the TSP. I used the TSP's POA to ensure my wife could access those funds should I become incapacitated. Once you file the POA with TSP they will send you a document that along with certain pieces of info (can't recall off the top of my head what those are) your spouse will need in order to access those funds. I do believe this is the most simple way of ensuring your spouse can access those funds if needed.
Re: Power of attorney for TSP
I don't have experience but I have both- a completed TSP beneficiary form on file with the TSP and a power of attorney with medical directives (she can pull the plug). I think that would cover all situations. I also ensured my HR had the most recent TSP beneficiary form (along with FERS and FEGLI beneficiary forms) on file. All this I printed out and keep with my living trust. Hope this helps.
Re: Power of attorney for TSP
Thank you for the info.
Fund Prices2024-04-18
| Fund | Price | Day | YTD |
| G | $18.19 | 0.01% | 1.27% |
| F | $18.62 | -0.30% | -3.14% |
| C | $78.45 | -0.21% | 5.50% |
| S | $76.12 | -0.20% | -1.27% |
| I | $40.67 | 0.02% | 1.21% |
| L2065 | $15.58 | -0.13% | 3.04% |
| L2060 | $15.58 | -0.13% | 3.04% |
| L2055 | $15.58 | -0.13% | 3.04% |
| L2050 | $31.35 | -0.13% | 2.44% |
| L2045 | $14.32 | -0.12% | 2.35% |
| L2040 | $52.37 | -0.11% | 2.29% |
| L2035 | $13.85 | -0.10% | 2.21% |
| L2030 | $46.21 | -0.09% | 2.15% |
| L2025 | $12.93 | -0.05% | 1.72% |
| Linc | $25.28 | -0.04% | 1.51% |