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  • Starting in January 2021, we’re making the process easier for participants. If you’re turning 50 or older and are eligible for catch-up, you’ll no longer need to make separate catch-up elections to your TSP account. To learn how to make these contributions next year, visit Catch-up contributions.

Planning for life events

Throughout your life you will experience circumstances that may affect your retirement decisions. Planning for life events such as marriage, divorce, or financial hardship also includes determining what you want to happen with your TSP account in the event of your death. It’s important to make a plan and revisit it periodically to ensure the best possible outcome for you and those you love.