A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify ...

To qualify for a hardship withdrawal, a thrift savings plan participant must have an immediate and significant financial need that necessitates a distribution from his or her TSP account.

A new law will benefit federal employees and members of the military who want to keep their money in the low-cost Thrift Savings Plan when they retire. The TSP has low fees, but it has frustrated ...

The amount you withdraw from your Thrift Savings account for a financial hardship must be limited to your financial need. I have tried several times to refinance a $70,000 loan but once they find ...