By Mike Miles
August 27th, 2013 | Uncategorized
Q. I plan on retiring in September 2014. I bought a house in November 2012 and need some remodeling done. If I borrow from my Thrift Savings Plan ($10,000), will I have to pay back the full amount borrowed prior to retiring?
A. You’ll have to pay the money back shortly after you retire or it will be declared a taxable distribution.
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