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TSP loan balance

By Mike Miles on December 31, 2014 TSP contribution

Q. I plan to retire prior to fully repaying my TSP loan balance. If the loan balance is eventually repaid in a lump sum from my TSP account balance, does that count as my one partial lump-sum distribution?

A. No.

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Mike Miles

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 fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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About the Author

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 fedexperts@federaltimes.com and view his blog at money.federaltimes.com.
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