For additional information, visit May only be used for the purchase or construction of a primary residenceResidential loans have specific rules in addition to the general eligibility rules:You can only use a residential loan for purchasing or constructing a primary residence, which may include any of the following:The maximum amount you can borrow is the smallest of the following:Note: If you have both a civilian account and a uniformed services account, the combined account balances and outstanding loan amounts will be used to calculate the maximum loan amount.TSP account balances are recalculated at the end of each business day based on daily share prices. Search; Share; Log in; My Account has a new address. And payments are guaranteed to arrive on time. You can setup your account, rollover a 401(k), and so much more.We’ll help you understand each fund—their risks, rewards, and performance.Whether you’re new to the federal government or preparing to retire, we’re here to help guide you.Consider if you plan to begin withdrawing from your TSP account after 2062 or you were born after 1999.Consider if you plan to begin withdrawing from your TSP account between 2058 and 2062 or you were born between 1995 and 1999.Consider if you plan to begin withdrawing from your TSP account between 2053 and 2057 or you were born between 1990 and 1994.Consider if you plan to begin withdrawing from your TSP account between 2048 and 2052 or you were born between 1985 and 1989.Consider if you plan to begin withdrawing from your TSP account between 2043 and 2047 or you were born between 1980 and 1984.Consider if you plan to begin withdrawing from your TSP account between 2038 and 2042 or you were born between 1975 and 1979.Consider if you plan to begin withdrawing from your TSP account between 2033 and 2037 or you were born between 1970 and 1974.Consider if you plan to begin withdrawing from your TSP account between 2028 and 2032 or you were born between 1965 and 1969.Consider if you plan to begin withdrawing from your TSP account between 2021 and 2027 or you were born between 1958 and 1964.Consider if you are already withdrawing money from your account or you were born before 1958.A fund containing government securities that are specially issued to the TSP.A fund containing government, corporate, and asset-backed bonds.A fund containing stocks of large and medium-sized U.S. companies.A fund containing stocks of small to medium-sized U.S. companies.A fund containing international stocks from more than 20 developed countries.Being confident about your retirement plans makes it easier to deal with uncertain times in the market.To save you time and give you the best experience, we’ve prepared answers to the questions our participants and beneficiaries ask most often.Don’t walk away from free money! Before taking out a loan, you should carefully consider its potential effect on your retirement income.When you take a loan, you borrow from your contributions to your TSP account. Check your leave and earnings statement to be sure that loan payments have started and that they are in the correct amount. Also, you cannot borrow from contributions or earnings you get from your agency or … rejected. Thrift may mean saving money, but a thrift is a savings and loan association. We’ve made some changes and the new address for My Account is secure.tsp.gov. TSP Account Number. When we pay out your loan, we will notify your payroll office immediately to begin deducting loan payments from your salary each pay period. What’s more, Thrift-E Bill Pay is a free service. A direct link to this post! Your loan amount can’t exceed the amount of your own contributions and earnings from those contributions. As a current federal employee or service member, you must change your name through your agency or service.You are ineligible to receive an automatic enrollment refund. A savings and loan association (S&L), or thrift institution, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. Thrift-E Bill Pay allows you to pay an unlimited number of personal bills electronically. Forgot your account number or user ID?
Furthermore, when you add the Agency/Service Automatic (1%) Contributions to your matching contributions, you’ll double your 5% investment instantly.Let our online wizard help you with your beneficiary designation. These companies are … A federal savings and loan institution is a type of thrift that has historically been focused on residential mortgages. Update your bookmark! Taking out a Thrift Savings Plan loan has advantages and disadvantages, but the disadvantages far outweigh the advantages for most people. As a result, the maximum loan amount may change on a daily basis.To find out more about the maximum amount available for a loan, use the calculator, When you take a loan, you sacrifice the earnings that might have accrued on the borrowed money, had it remained in your TSP account.Although you pay the loan amount back to your account with interest, the amount of interest paid may be less than what you might have earned if the money had remained in your TSP account. Your repayments restore the amount of your loan, plus interest, to your account. or rejected.If you are separated from federal employment, you may change your address online at You cannot use this form to change your address. As a current federal employee or service member, you must change your address through your agency or service.To change your name, you will need to provide documentation to the TSP. There are two types of Thrift Savings Plan loans: General purpose loan with a repayment period of 1 to 5 years. Based on your answers to a series of questions, it will prefill the appropriate sections of your form and help you avoid mistakes that could cause your form to be delayed Use your savings. If you are a FERS or BRS participant, your agency or service matches your contributions — up to 4% if you contribute 5% each pay period.