What are thrift savings plan rollovers – What is a thrift savings plan rollover for retirement? 1-800-566-1002. What are the best type of tsp rollovers for retirement and learn how you can avoid the most common mistakes that individuals have made when looking to roll over their thrift savings plan. Accessing Your TSP Money Loans - Anyone who is actively employed that has a vested balance in the TSP may use TSP 20 to request a general purpose loan or a loan for the purpose of a residence. The amounts you can take, the repayment schedule, and consequences for nonpayment on the loan should be checked with TSP so you understand. However it is an option to you which provides flexibility, and perhaps the opportunity to avoid much higher interest debt or a financial emergency. Hardship Withdrawals - While working, but prior to age 59.5 it is also possible to access funds if it can be documented that there is a financial hardship. This type of withdrawal does not prevent the
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)