civil service retirement system money - Posted by Rock

import · January 13, 2001, 5:17pm

Posted by Ed Garcia on January 14, 2001 at 22:09:50:

Rock,

I’m sorry, but the best advice I can give you, is to check with your accountant.

Ed Garcia

import · January 13, 2001, 5:17pm

civil service retirement system money - Posted by Rock

Posted by Rock on January 13, 2001 at 18:17:45:

Ed,

I have a retirement account that is under the Civil Service Retirement System. I read an article about using the money in this account as collateral for the down payment for real estate. Do you know if this is correct? Thank you and I read the site all of the time.

Rock

import · January 15, 2001, 2:16pm

Re: civil service retirement system money - Posted by Gib

Posted by Gib on January 15, 2001 at 15:16:41:

What system are you under? If you are referring to a TSP account, you may borrow up to 50% of what you have in your account at a rate of 6%.