Code of Federal Regulations · Section

§ 1653.35 — Calculating Entitlement

5 C.F.R. § 1653.35

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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.

Authorizing Statute