Age-. The general rule in the industry is that once an A/C unit reaches 10-15 years, the idea of replacing the unit is usually a much better investment than putting money into an older system. If your system is at this threshold, it's usually wise to begin expecting, not wondering, when the system will fail.
You can keep the money in the TSP after you leave your federal job to benefit from the low fees, or you can roll over the money into an IRA or a new employer's 401(k), 403(b) or 457.
In addition, you are double-taxed on the interest â you repay the loan with after-tax dollars, and the funds are taxed again when you withdraw. However, if you want to borrow from a TSP to pay off bills, there a few things you will have to remember. Determine Eligibility To apply for a loan from your TSP account, you must be an active employee of the federal government or a uniformed military member and you must be in pay status.