TSP loan

By Mike Miles on August 2, 2011 Uncategorized

Q. If I have an outstanding TSP loan balance at the time of retirement in December and it is declared a taxable distribution, will that unpaid loan preclude me from taking a one-time partial withdrawal from my TSP account the next year?
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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