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THRIFT SAVINGS PLANTSP20LOAN APPLICATION Before completing this form, read the TSP booklet Loans and the instructions with this form. Your Loan Agreement, any correspondence related to your loan,.

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TSP loans let you borrow from $1,000 to $50,000, provided you have enough money saved up in your TSP. You'll have a maximum of five years or 15 years to repay the funds with a fixed interest rate, depending on the loan's use, and payments can be automatically withdrawn from your paycheck.

Does a TSP loan affect your credit? A TSP loan, like a 401(k) loan, does not appear on your credit report for the simple reason that it is your own money you're “borrowing,” so the only person you owe it back to is yourself.

Maximum loan amount 50% of the portion of your total account balance that is made up of your own contributions and earnings on those contributions (including any outstanding loan balance) or $10,000, whichever is greater, minus any outstanding loan balance.

Once processed, your loan will generally be disbursed within three business days . You can check the status of your loan by logging in to My Account on tsp . gov . dropped below the $1,000 minimum, the loan request will be canceled.

keeper, together with any documentation required to be submitted, the loan will be initially approved or denied by the TSP record keeper based upon the requirements of this part, including the following conditions: (1) The participant has signed the promise to repay the loan.

Once processed, your loan will generally be disbursed within three business days . You can check the status of your loan by logging in to My Account on tsp . gov . dropped below the $1,000 minimum, the loan request will be canceled.

A TSP loan is often the better option because you won't owe taxes or a penalty and you will get the money back into your account once you pay it back.

A TSP-20 form is known as a Loan Application. This form will be used to apply for a loan related to your civilian account or uniformed services account. This form will require information about you and your loan request.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232