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The Federal Retirement Thrift Investment Board will put into effect a final rule recalculating how federal employees repay ...
A TSP loan is similar to a 401(k) loan—which lets you draw money against your retirement account—but designed specifically for federal employees.
To apply for a TSP loan, you simply need to log in to your Thrift Savings Plan account online and follow the instructions there. You’ll need to have at least $1,000 in your account to be eligible.
Thrift Savings Plan loans have a list of eligibility qualifications, incur interest charges, and an administrative fee of $50 ...
Unlock the essentials of TSP plans and loans with our guide. Learn how to borrow, the impact on your retirement savings, and tips for repayment.