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Code of Federal Regulations (Last Updated: October 10, 2024) |
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Title 5 - Administrative Personnel |
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Chapter VI - Federal Retirement Thrift Investment Board |
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Part 1650 - Methods of Withdrawing Funds from the Thrift Savings Plan |
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Subpart E - Procedures for In-Service Withdrawals |
§ 1650.42 - How to obtain a financial hardship withdrawal.
Latest version.
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§ 1650.42 How to obtain a financial hardship withdrawal.
(a) To request a financial hardship withdrawal, a participant must use the TSP website to initiate a request or submit to the in the form and manner prescribed by the TSP record keeper a properly-completed paper TSP hardship withdrawal request form.
(b) There is no limit on the number of financial hardship withdrawals a participant can make; however, the TSP record keeper will not accept a financial hardship withdrawal request for a period of six months after a financial hardship disbursement is made.
[68 FR 35503, June 13, 2003, as amended at 70 FR 32215, June 1, 2005; 84 FR 46422, Sept. 4, 2019]