THRIFT SAVINGS PLAN (TSP) 10-03 OPEN SEASON ANNOUNCEMENT
Date Signed: 10/9/2003 | MARADMINS Number: 478/03
MARADMINS : 478/03

R 091400Z OCT 03
FM CMC WASHINGTON DC(uc)
TO AL MARADMIN(uc)
MARADMIN
BT
UNCLASSIFIED
MARADMIN 478/03
MSGID/GENADMIN/CMC WASHINGTON DC MPO-40//
SUBJ/THRIFT SAVINGS PLAN (TSP) 10-03 OPEN SEASON ANNOUNCEMENT//
REF/A/DOC/TSP BULLETIN 03-U-6/30SEP2003//
POC/L.A. BAUER/MAJ/CMC (MPO-40)/-/TEL:COM 703-784-9387
/TEL:DSN 278-9387//
AMPN/REF A IS THE THRIFT SAVINGS PLAN (TSP) BULLETIN ANNOUNCING THE
OPEN SEASON FOR TSP.//
GENTEXT/REMARKS/1. PER REF A, THE NEXT TSP OPEN SEASON WILL RUN FROM
15 OCT TO 31 DEC 2003. OPEN SEASON IS THE ONLY TIME MARINES
CURRENTLY ON ACTIVE DUTY ARE AFFORDED THE OPPORTUNITY TO ENROLL IN
THE TSP. DURING THIS OPEN SEASON, MARINES ARE AFFORDED THE
OPPORTUNITY TO INVEST UP TO 9 PERCENT OF THEIR BASE PAY UP TO
$13,000.
2. TSP IS A LONG-TERM SAVINGS AND INVESTMENT PLAN. IT IS A
CONVENIENT WAY FOR MARINES TO GAIN PRACTICAL EXPERIENCE IN MANAGING
INVESTMENTS. BY INVESTING EARLY IN LIFE, MARINES ARE ABLE TO FULLY
EXPLOIT THE EARNING POWER OF COMPOUND GROWTH. ADDITIONALLY, A
COMMITMENT TO LONG-TERM FINANCIAL PLANNING WILL SERVE MARINES WELL
WHETHER CONCERNED FOR THEIR CHILDREN'S EDUCATION OR SUPPLEMENTING
THEIR CURRENT RETIREMENT BENEFITS.
3. THE TSP CURRENTLY OFFERS PARTICIPANTS FIVE INVESTMENT OPTIONS.
ALL NEW PARTICIPANTS ARE INITIALLY ENROLLED IN THE GOVERNMENT
SECURITIES INVESTMENT (G) FUND. ONCE A TSP ACCOUNT IS ESTABLISHED
(UPON RECEIPT OF THE FIRST CONTRIBUTION), THE MARINE WILL RECEIVE AN
INTRODUCTORY LETTER AND A PERSONAL IDENTIFICATION NUMBER (PIN).
PARTICIPANTS CAN THEN ALLOCATE ALL OR PORTIONS OF THEIR CONTRIBUTIONS
INTO THE FOLLOWING INVESTMENT FUNDS: GOVERNMENT SECURITIES INVESTMENT
(G) FUND, FIXED INCOME INDEX INVESTMENT (F) FUND, COMMON STOCK INDEX
INVESTMENT (C) FUND, SMALL CAPITALIZATION STOCK INDEX INVESTMENT (S)
FUND, OR THE INTERNATIONAL STOCK INDEX INVESTMENT (I) FUND. WITH THE
EXCEPTION OF THE G-FUND, ALL TSP INVESTMENTS ENTAIL SOME LEVEL OF
RISK.
4. FOR MARINES ENROLLED IN THE TSP AND IN A COMBAT ZONE TAX
EXCLUSION (CZTE) AREA, TSP DEDUCTIONS WILL BE APPLIED TO NON-TAXABLE
INCOME FIRST.
5. A LIST OF SPECIAL AND INCENTIVE PAYS, FOR THE PURPOSE OF TSP, IS
PROVIDED ON MARINE ON LINE (MOL).
6. THE MOST EFFICIENT WAY FOR MARINES TO ENROLL IN TSP IS USING
MYPAY, FORMERLY KNOWN AS EMPLOYEE/MEMBER SELF SERVICE (EMSS). TO
ESTABLISH A MYPAY ACCOUNT, CALL THE INTERACTIVE VOICE RESPONSE
SYSTEM (IVRS) 1-877-DOD-EMSS (1-877-363-3677) OR COMMERCIAL
(478) 757-3119. MARINES NEEDING ASSISTANCE TO ESTABLISH A TEMPORARY
PERSONAL IDENTIFICATION NUMBER (PIN)THROUGH DFAS/EMSS/MYPAY (THE PIN
IS FOR MYPAY ONLY - NOT YOUR TSP ACCOUNT) CAN CALL THE MYPAY CUSTOMER
SUPPORT UNIT (CSU) AT 1-800-390-2348 OR COMMERCIAL (216) 522-5122
BETWEEN THE HOURS OF 0700 AND 1900 EDT, MONDAY THROUGH FRIDAY.
7. ADDITIONAL DETAILS CAN BE FOUND ON MOL WWW.MOL.USMC.MIL, AND ON
THE TSP WEB SITE WWW.TSP.GOV.//