You can borrow from your Thrfit Savings Plan (TSP) account if:

• You have at least $1,000 of your own contributions and associated earnings

  in your account. Agency contributions (and earnings on that money) cannot be

  borrowed.

• You are currently employed as a Federal civilian employee or member of the

  uniformed services. (Separated and retired TSP participants are not eligible.)

• You are in pay status. (Loan payments are deducted from your pay.)

• You have not repaid a TSP loan (of the same type) in full within the past 60

  days.

• You have not had a taxable distribution on a loan within the past 12 months,

  unless the taxable distribution resulted from your separation from Federal

  service.

• You can borrow from your TSP account even if you have stopped

  contributing
  your own money.

Source:  TSPBK04 (6/06)