(a) Minimum amount. The initial principal amount of any loan may not be less than $1,000.
(b) Maximum amount. The principal amount of a new loan must be less than or equal to the smallest of
(1) The portion of the participant's individual account balance that is attributable
to employee contributions and attributable earnings (not including any outstanding
(2) 50 percent of the participant's vested account balance (including any outstanding
loan balance) or $10,000, whichever is greater, minus any outstanding loan balance;
(3) $50,000 minus the participant's highest outstanding loan balance (if any) during
the last 12 months.
(c) If a participant has both a civilian TSP account and a uniformed services TSP account,
the maximum loan amount available will be based on a calculation that takes into consideration
the account balances and outstanding loan balances for both accounts.
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