TSP plan assets topped $800 billion for the first time in October. The C Fund leads all TSP fund performance so far in 2021.
Is it ever a good idea to take a TSP loan? These are 3 occasions when it may make sense to do so.
What is a residential TSP loan and how does it work?
How do TSP loans work? Here is an overview of the process.
There are a number of downsides to taking a loan from your TSP account, not the least of which is the potential doubling your tax burden.
The author says that taking a loan from your TSP is something you should generally avoid, but there are times when it can make sense.