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TSP loans and retirement

By Mike Miles on December 6, 2010 Uncategorized

Q. If I have an outstanding loan when I retire, how is that handled?

A. If you don’t promptly repay the loan, it will be declared a taxable distribution

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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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