The Federal Retirement Thrift Investment Board reminds feds about loan options
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The Federal Retirement Thrift Investment Board reminds feds about loan options
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The Federal Retirement Thrift Investment Board is reminding federal employees of their current options for loans. All loans from the Thrift Savings Plan remain in good standing during a government shutdown, even if participants don’t make payments on time. The TSP board has also received recent feedback from participants on its loan program, with some calling it a “true lifesaver.” Others say the TSP loan and withdrawal options have relieved at least some of their stress. TSP operations continue as usual during an appropriations lapse, since the TSP board is not funded by Congress.
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