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 Tsp Hardship Withdrawal Form 2007

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if you're a current federal employee and under the age of 59 and a half there are only two ways that you can access the money in your tsp account one way is through a tsp loan and the other way is through a financial hardship withdrawal while both options May provide Financial relief they differ significantly in terms of Eligibility repayment obligations and tax implications in this video I'm going to compare the two options across various factors and explain when it's best to choose one option over the other but before we dive into the details welcome to the money briefing my name is Jerel Harvey and I'm with fedway financial on this channel we cover topics related to personal finance Federal benefits and retirement planning so if you find this video helpful please consider sharing and subscribing the structure in the rules related to the tsp are are designed to help you save for retirement so taking a tsp loan or hardship withdrawal will come with some

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