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TSP participants withdrew $2.9 billion last year under CARES Act -- FCW

By Natalie Alms   Thrift Savings Plan participants used special withdrawal options passed into law in the first pandemic relief package at relatively steady rates in the final months of last year before the program ended in December. The Coronavirus Aid, Relief and Economic Security (CARES) Act, passed last March, provided TSP participants to make a one-time withdrawals of up to $100,000 without meeting age or the usual financial hardship qualifications. Instead, participants had to meet one ...
Mashonaland East Wake Forest University Savings Plan Coronavirus Aid Economic Security Federal Retirement Thrift Investment Board
Source: fcw.com

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