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A TSP-3 form is known as a Designation of Beneficiary form. This form is used for Thrift Savings Plans, which are used only by federal employees, members of the military, and their immediate family members. This form will be used to designate a beneficiary to receive your TSP account in the event of your death. More than one beneficiary can be designated.
This form will require information about the current Thrift Savings Plan party as well as the future beneficiaries. This includes full name, address, and social security number. The relationship between the current participant and the beneficiary should be listed. Both of these parties will need to sign the form, and two witnesses are required as well.
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