June 1, 2022, TSP is now charging the Participant account a $600 review fee to process the Retirement Benefit Court Order. This cannot be split between the parties, so this will have to be handled separately between the parties.
Also, they now state that if a Valuation Date is prior to June 1, 2022, they will be using a quarter-end valuation date vs. a specific date. See below for a snip from their updated Plan Requirements and Guidelines.
By: Sharee Burkel, CFP®, CDFA®, CQS™
Sharee is the President and Owner of The QDRO Company, LLC, and a Certified QDRO Specialist.
Nothing herein is to be construed as providing legal, financial or tax advice.