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CARES Act Withdrawal now available — TSP participants affected by COVID-19 (as defined by the CARES Act, P.L. 116-136) may now apply for a CARES Act Withdrawal of up to $100,000 from a civilian or uniformed services account. For those still in federal service, the usual requirements that you be at least 59½ years old or certify that you meet specific financial hardship criteria are waived. For all applicants, federal tax withholding is optional. The deadline for applying is December 15, 2020.