My statement shows there were forfeitures from my TSP account. What are forfeitures?
There are two types of forfeitures statutory and de minimis. A statutory forfeiture is the forfeiture of your Agency Automatic (1%) Contributions and their earnings, which occurs if you separate from service before satisfying the required vesting service shown on your statement. Your employee contributions and your matching contributions, if any, will not be forfeited to the plan. A de minimis forfeiture occurs when your TSP account balance is less than $5.00 when you separate from service. Although this amount is automatically forfeited to the plan, you may submit a request to obtain it by writing to the TSP.
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