Yesterday’s column about the lifecycle funds of the Thrift Savings Plan, resulted in my receiving clarifying information from the TSP folks.
The L2010 Fund will roll down into the L Income Fund in December 2010, and the L 2050 Fund will begin in January 2011.
We have made this clarification in the original article but also wanted to make sure that investors in the L2010 fund understand what will happen to this fund in December and that younger investors are aware that a new fund (the L 2050) will begin in January.
My thanks to those at the Thrift Savings Plan who were kind enough to send along the clarification.
