Entering TSP Loan Data

Note: Agencies cannot enter a Federal TSP loan; only non-Federal loan information sent from a vendor can be entered by the Agency. TSP Federal loan information should be faxed to 1-866-817-5023 or mailed to Thrift Savings Plan, P.O. Box 385021, Birmingham, AL 35238.

Note: This option is for NFC use only.

To Enter Thrift Savings Plan Loan Data:

Select the Payroll Documents menu group.
Select the TSP Loan Allotment component. The TSP Loan Allotment page - Find an Existing Value allows the user to locate an existing employee in order to enter or change a TSP loan.

TSP Loan Allotment - Find an Existing Value

Enter the search criteria.
Select the Search button. The TSP Loan Allotment page is displayed.

Complete the fields as follows:

Field	Description/Instruction
Name	Populated from the search criteria. The name of the employee is displayed from the Empl ID entered.
Empl ID	Populated from the search criteria entered.
Record	Displays the number of records for that employee.
SSN	Populated from the search criteria entered. The employee SSN is displayed based on the Empl ID.

Complete the TSP Loan Allotment fields as follows:

Field	Description/Instruction
Effective Date	Required field. Populated with the beginning date of the current pay period. This is the date on which a table record becomes effective; the date that an action begins. This date also determines when to view or change information. Select a date from the calendar icon to change the default date.
Pay Period	Populated and cannot be changed.
Auth Date	Populated with the authentication date and cannot be changed.
User ID	Populated the system identifier and name of the individual who generates the transaction.
Transaction Status	Defaults to In Progress. Select the down arrow to select a different status.

Complete the Data Element fields as follows:

Field	Instruction
Allotment Action Type	Select the application action type. Valid values are Federal and Non-Federal.
TSP Allotment Transaction Code	Required field. Select the down arrow to select the applicable transaction. Valid values are Cancel, Change, and New Enroll.
Allotment Amount Per Pay Period	Enter the amount to be deducted each pay period in dollars and cents.
Number of TSP Loan Payments	Enter the number of payments required to repay the loan based on the Federal or non-Federal loan agreement.

Complete the Direct Deposit fields as follows:

Field	Description/Instruction
Account Type	Select the applicable account type. Valid values are Checking and Savings.
Routing #	Enter the applicable information.
Account #	Required field. Enter the applicable Information.

At this point, the following options are available:

Step	Description
Select the Save button	Saves the new data entered.
Select the Return to Search button	Returns the user to the applicable page to search for another record.
Select the Previous in List button	Returns to the previous person in the list.
Select the Next in List button	Advances to the next person in the list.
Select the Notify button	Notifies the next individual in the workflow.