legal · go-v.org

Eligibility for loans.

CFR · 2024-01-01 · US · Title 5

A 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.

official document · source cfr-2024 · id 5:§ 1655.2