So they took out a TSP loan and tried to get out of paying it back. TSP is the US federal government employee savings plan, sobthis person is or was a federal employee or member of the military. You can get a loan against for savings, but the money is taken out of your account and if you don’t pay it back on schedule, it gets treated as an early withdrawal and subjected to income tax and early withdrawal penalty of 10%.
Very interesting that there are Sovcits working for the federal government. Really helps to shed some light on how and why our government is so fucked.
So they took out a TSP loan and tried to get out of paying it back. TSP is the US federal government employee savings plan, sobthis person is or was a federal employee or member of the military. You can get a loan against for savings, but the money is taken out of your account and if you don’t pay it back on schedule, it gets treated as an early withdrawal and subjected to income tax and early withdrawal penalty of 10%.
Very interesting that there are Sovcits working for the federal government. Really helps to shed some light on how and why our government is so fucked.
Shit. Maybe Elon actually was on to something, this dude definitely sounds like federal waste.