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1:54 pm, October 30, 2014

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TSP loans, hardship withdrawals hit 10-year high last year

More Thrift Savings Plan participants withdrew money from their accounts early in 2013 than in any other year over the past decade. The board processed a total of 291,000 loans and about 138,000 hardship withdrawals last year, according to statistics presented at the board's monthly meeting Monday. More than 14,000 of the hardship withdrawals taken last year came during the month of October, when partisan gridlock led to a 16-day government shutdown and financial uncertainty and delayed paychecks for thousands of federal employees.

Tags: TSP , pay and benefits , hardship withdrawals , Jack Moore , Kim Weaver , Renee Wilder

Monday - 01/27/2014, 03:24pm EST
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TSP Talk: Loans available

Tags: pay & benefits , Tom Trabucco , TSP ,

Monday - 05/18/2009, 03:46pm EDT
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