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Loan repayment

By Mike Miles on February 25, 2015 TSP withdrawal

Q. I understand that you have up to 90 days to repay your outstanding loan after retirement. Is there an option for the outstanding balance to be paid with funds in the TSP account prior to the 90 days?

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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