10 Comments

1. 

   adrian Ro on December 16, 2022 at 8:13 pm

   Is the tax on the original loan amount or the balance? Tyl

2. 

   Elaine Nilsson on December 16, 2022 at 8:13 pm

   Husband died while in service. He had a $50k loan out on his TSP. However, the amount placed in a Life Fund for me, his spouse, does not reflect the $50k being taken out. I received a letter saying that it had been reported to thee IRS. I don't understand why the $50k was not deducted from the TSP before placing in my account.

3. 

   Edwina L Ramsey on December 16, 2022 at 8:13 pm

   You did a great job explaining about the TSP payback, thank you!

4. 

   Mary Young on December 16, 2022 at 8:13 pm

   Thank you for your videos if you leave your money in the TSP when you retire and take full distrabutions does the existing balance still grow?

5. 

   K Gómez on December 16, 2022 at 8:13 pm

   Thanks. If you roll over your loan to an ira would you have to pay the 10% withdrawal fee?

6. 

   David Glotfelty on December 16, 2022 at 8:13 pm

   Well done Cooper! Thank you.

7. 

   Tracy Rector on December 16, 2022 at 8:13 pm

   Great info…. just retired with a small loan balance outstanding. Talked to a person at TSP who also gave a pretty good explanation. Waiting on the TSP letter/booklet. My wife and I are now trying to figure out life insurance options – 56yo with a 5x and option C. Starting to get costly! 🙂

8. 

   BEATSVILLE on December 16, 2022 at 8:13 pm

   What happens if you retire and you cannot pay off the loan within the 90 day period of which you speak?

9. 

   Casey Genova on December 16, 2022 at 8:13 pm

   I recently left the federal government after seven years of service and am going to the private sector. What should I do with my TSP?

10. 

    christy sittig on December 16, 2022 at 8:13 pm

    Thank you for this information. It was very clear.