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Code of Federal Regulations (Last Updated: July 5, 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 1655 - Loan Program |
§ 1655.10 - Loan request process.
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§ 1655.10 Loan application request process.
(a) Any participant may apply for a loan by submitting a completed TSP loan application form to request in the form and manner prescribed by the TSP record keeper.
(b) The following participants may also apply for and complete a loan request on the TSP Web site:
(1) FERS participants or members of the uniformed services requesting a general purpose loan if they are:
(i) Unmarried; or
(ii) Married and have been granted an exception to the spousal requirements described in § 1655.18.
(2) CSRS participants requesting a general purpose loan if they are:
(i) Unmarried;
(ii) Married and provide a current address for their spouse; or
(iii) Married and have been granted an exception to the spousal requirements described in § 1655.18.
(d) If the TSP maintains a(c) Persons not described in paragraph (b) of this section may use the TSP Web site to submit a loan application and obtain a loan agreement, but must complete the process by submitting the resulting loan agreement and any related documentation on paper.
for an individualIf a participant has a uniformed services account and a civilian account
application, a separate loan
request must be made for each account.
[68 87 FR 35515, June 13, 2003, as amended at 70 FR 32218, June 1, 2005; 77 FR 26429, May 4, 201231693, May 24, 2022]