TSP loan


Q. I’m currently paying back a TSP loan that was taken out over three years ago. Can I request another loan during the payback, or will I have to wait until the first loan is repaid?

A. You may have one general purpose loan and one residential loan outstanding at a time.


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

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