Current through October 31, 2024
Section 1655.2 - Eligibility for loansA participant can apply for a TSP general purpose or residential loan if:
(a) More than 30 business days have elapsed since the participant has repaid in full any TSP loan;(b) The participant is in pay status;(c) The participant is eligible to contribute to the TSP; and(d) The participant has at least $1,000 in employee contributions and attributable earnings in his or her account. Paragraph (b) of this section shall not apply to loan requests made during a Government shutdown by participants who are furloughed or excepted from furlough due to the Government shutdown. 87 FR 31692 , May 24, 2022 84 FR 1601, 2/5/2019; 87 FR 31672, 6/1/2022