What Is a Thrift Savings Plan (TSP) Loan?

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What Is a Thrift Savings Plan?
How Does a Thrift Savings Plan (TSP) Loan Work?
Your contributions and earnings 50% of your total balance or $10,000, whichever is greater $50,000 minus your highest outstanding TSP loan balance, if any, over the past 12 months
What Can You Use a TSP Loan for?
General purpose Primary residence
How Long Does It Take To Get a Thrift Savings Plan (TSP) Loan?
Getting a Thrift Savings Plan (TSP) Loan
Thrift Savings Plan (TSP) Loan Eligibility Requirements
House Townhome Condominium Shares in a cooperative housing corporation Mobile home
Should You Get a Thrift Savings Plan (TSP) Loan?
Thrift Savings Plan (TSP) Loan Alternatives
Credit Card
Cash
Personal Loan
The Takeaway
Frequently Asked Questions
Photo credit: iStock/DjordjeDjurdjevic
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About the Author
Su Guillory is a freelance business writer and expat coach. She’s written several business books and has been published on sites including Forbes, AllBusiness, and SoFi. She writes about business and personal credit, financial strategies, loans, and credit cards.
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