CFR > Title 5 - Administrative Personnel > CHAPTER VI—FEDERAL RETIREMENT THRIFT INVESTMENT BOARD > PART 1650—METHODS OF WITHDRAWING FUNDS FROM THE THRIFT SAVINGS PLAN > SUBPART D—In-Service Withdrawals (§1650.31 to §1650.34) > 1650.34—Uniqueness of loans and withdrawals.

1650.34—Uniqueness of loans and withdrawals.

An outstanding TSP loan cannot be converted into an in-service withdrawal or vice versa. Funds distributed as an in-service withdrawal cannot be returned or repaid.