Re: [TSPStrategy] TSP loan

[Edited Message Follows]

It is unclear to me when the TSP would declare the distribution.  1) when the loan was taken out; 2) when the declaration to not repay the loan and/or when you leave federal service; OR 3) when you respond to the notice from the TSP.     IMO, I'd call TSP for clarification.  

You MAY consider a distribution from TSP on Jan XX, 2022 which would pay off your loan.  This way you would not have a taxible even and you would pay off the loan/clear the books.

C

_._,_._,_

---

Groups.io Links:

You receive all messages sent to this group.

View/Reply Online (#2850) | Reply To Group | Reply To Sender | Mute This Topic | New Topic
Your Subscription | Contact Group Owner | Unsubscribe [prefander.leadersworkshop@blogger.com]

_._,_._,_