Unlike loans, hardship withdrawals cannot be repaid, meaning the withdrawn amount permanently reduces the retirement savings balance. Additionally, taking a hardship withdrawal may result in taxes ...

The Thrift Savings Plan (TSP), a cornerstone of retirement planning for federal employees and uniformed service members, oversees an impressive $845 billion in assets, making it the nation's ...

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 ...