[Code of Federal Regulations]
[Title 5, Volume 3]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR1651.14]

[Page 278]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
         CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD
 
PART 1651--DEATH BENEFITS--Table of Contents
 
Sec. 1651.14  How payment is made.

    (a) Notice. The TSP record keeper will send notice of pending 
payment to each beneficiary.
    (b) Payment. Payment is made separately to each entitled 
beneficiary. It will be sent to the address that is provided on Form 
TSP-3, unless a more recent address is provided on Form TSP-17, or is 
otherwise provided to the TSP record keeper in writing by the 
beneficiary. All beneficiaries must provide the TSP record keeper with a 
taxpayer identification number; i.e., Social Security number (SSN), 
employee identification number (EIN), or individual taxpayer 
identification number (ITIN), as appropriate.
    (c) Payment to widow or widower. The widow or widower of the 
participant may request that the TSP transfer all or a portion of the 
payment to an Individual Retirement Arrangement (IRA). In order to 
request such a transfer, a spouse must file with the TSP record keeper 
Form TSP-13-S, Spouse Election to Transfer to IRA and Other Eligible 
Retirement Plan.
    (d) Payment to minor child or incompetent beneficiary. Payment will 
be made in the name of a minor child or incompetent beneficiary. A 
parent or other guardian may direct where the payment should be sent and 
may make any permitted tax withholding election. A guardian of a minor 
child or incompetent beneficiary must submit court documen tation 
showing his or her appointment as guardian.
    (e) Payment to executor or administrator. If payment is to the 
executor or administrator of an estate, the check will be made payable 
to the estate of the deceased participant, not to the executor or 
administrator. A TIN must be provided for all estates.
    (f) Payment to trust. If payment is to a trust, the check will be 
made payable to the trustee. A TIN must be provided for the trust.