On this edition of Fed Gov Today with Francis Rose, Jim Kaplan, Director of External Affairs at the Thrift Savings Plan, joins the show to break down what’s happening inside TSP accounts since the shutdown. Loan activity spiked during October as federal workers sought financial “padding,” and now many borrowers want to repay quickly. Jim explains how TSP loans work, how repayment schedules are automatically re-amortized, and why there’s never a prepayment penalty—because participants are esse...
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On this edition of Fed Gov Today with Francis Rose, Jim Kaplan, Director of External Affairs at the Thrift Savings Plan, joins the show to break down what’s happening inside TSP accounts since the shutdown. Loan activity spiked during October as federal workers sought financial “padding,” and now many borrowers want to repay quickly. Jim explains how TSP loans work, how repayment schedules are automatically re-amortized, and why there’s never a prepayment penalty—because participants are esse...
TSP After the Shutdown: What Feds Need to Know Right Now
Fed Gov Today
8 minutes
3 days ago
TSP After the Shutdown: What Feds Need to Know Right Now
On this edition of Fed Gov Today with Francis Rose, Jim Kaplan, Director of External Affairs at the Thrift Savings Plan, joins the show to break down what’s happening inside TSP accounts since the shutdown. Loan activity spiked during October as federal workers sought financial “padding,” and now many borrowers want to repay quickly. Jim explains how TSP loans work, how repayment schedules are automatically re-amortized, and why there’s never a prepayment penalty—because participants are esse...
Fed Gov Today
On this edition of Fed Gov Today with Francis Rose, Jim Kaplan, Director of External Affairs at the Thrift Savings Plan, joins the show to break down what’s happening inside TSP accounts since the shutdown. Loan activity spiked during October as federal workers sought financial “padding,” and now many borrowers want to repay quickly. Jim explains how TSP loans work, how repayment schedules are automatically re-amortized, and why there’s never a prepayment penalty—because participants are esse...
