Loans and government shutdown


Q: How would a protracted government shutdown impact the repayment of a general purpose TSP loan? Will I need to mail in a check to avoid a taxable distribution or will TSP wait until we’re getting paid again?  I can’t imagine I’m the only one who won’t be able to make that payment while stretching a last paycheck out indefinitely.

A: You will have to continue making payments unless an exception is offered.


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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to and view his blog at

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