TSP Loan Rules & Risks Every Federal Employee Should Understand

Описание: Federal employees often assume a TSP loan is a safe option because “it’s your money.” But borrowing from your Thrift Savings Plan can quietly damage your long-term retirement security.

In this episode, Andrew McNair breaks down TSP loan rules, risks, and retirement consequences so you can make informed decisions before borrowing from your future.

Whether you’re a FERS or CSRS employee, approaching retirement or already retired, this video explains what most federal employees are never told about TSP loans.

What you’ll learn:
How TSP loans actually work
Current TSP loan limits and interest rates
The difference between general purpose and residential loans
Why lost compounding is the biggest hidden cost
Tax and penalty risks if you retire or miss payments
When (and when not) a TSP loan should ever be considered

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Chapters:
00:00 – Why TSP loans seem appealing
00:32 – What a TSP loan actually is
01:34 – TSP loan rules & limits
02:23 – Interest rates & loan fees
02:53 – General purpose vs residential TSP loans
03:35 – The real disadvantages of TSP loans
04:33 – Lost growth & retirement impact
05:05 – Tax penalties if you default
05:50 – When should you consider a TSP loan?
07:12 – Repayment rules & flexibility
07:45 – What happens if you retire with a TSP loan
08:41 – Final warnings & next steps