5 CFR § 1655.2 Loan Program

§ 1655.2 Eligibility for loans.

Current through Oct 15, 2026 · Read all of Part 1655

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.

[87 FR 31692, May 24, 2022]

← § 1655.1 Definitions.§ 1655.3 Information concerning the cost of a loan. →