Bill Changing Default TSP Allocations Signed Into Law

President Obama signed the Smart Savings Act into law this week to automatically enroll new federal employees into TSP L Funds.

President Obama made the upcoming change to new federal employees’ default TSP allocations official this Thursday when he signed the Smart Savings Act into law.

The new legislation will change the default allocations for new federal employees from the G fund to an age-appropriate Lifecycle fund.

For more on what this legislation means for your TSP investments, see:

About the Author

Ian Smith is one of the co-founders of FedSmith.com. He enjoys writing about current topics that affect the federal workforce.

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