Is There a Tax Dunction if You Don't Pay Out the Loan?

If you take a loan out of the t s p, thrift savings plan, you're not paying out the loan. You're just making a contribution pre tax, right? But you still have to be employed by postal service to put money into the t sp as a contribution to get the taxit unction. I'm sure savs live a long life. Or my aunt, she worked for the postal this service 50 some years. So i would say, sam, it depends upon your bracket. And 20 22, if you need the funds for other purposes in your non qualified account, then ye, maybe just pay the income on it.