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2 days agoMost federal civilian employees are now on a 401(k) equivalent. Air Traffic likes to mention how they are one of the ones left with a pension, but clearly, nothing is guaranteed.
JollyBrancher
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Cake day: July 29th, 2023
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Neither of those are unique from a majority of 401(k) plans in the U.S - taking out a loan against it included. You’ll still take a sizeable tax hit on an early distribution from any retirement plan - TSP included. You should be able to do a direct rollover to any active 401(k), 403(b), or IRA penalty free. I worked in the government for 5 years, and a financial planning firm for just about 2.