Understanding TSP Loans: A Federal Employee's Guide"
A TSP loan allows federal employees to borrow from their Thrift Savings Plan (TSP) balance while still employed. It can be a helpful tool for managing short-term financial needs, but it’s important to understand the rules and potential impact on retirement savings. This guide explains the types of TSP loans available, eligibility requirements, repayment options, and how borrowing may affect your retirement. At Federal Pension Advisors, we’re here to help you make informed decisions about your financial future.