TSP: Latest Facts and Figures

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By on June 2, 2019 in Pay & Benefits with 0 Comments
Pink piggy bank surrounded by a small scattering of gold coins on a wooden tabletop

The federal government’s Thrift Savings Plan (TSP) is continuing to grow. The TSP is a significant part of the future retirement income for federal retirees and many investors receive a government “match” that provides “free money” to future retirees so the program is very popular.

At the end of April, the TSP had almost $591 billion in the plan with over 5.6 million participants.

Average TSP Balances

Here is a breakdown of most TSP participants and their average TSP balance:

 Number of ParticipantsAvg. BalanceAvg. Roth Balance
FERS3,417,433$145,233$13,941
CSRS309,151$153,391$21,379
Uniformed Services1,339,631$27,327$9,342

How TSP Investors Allocate Their Money

TSP investors have most of their money in the G Fund. This fund is often considered to be the safest fund because it has never lost money, although the rate of return is often higher in the stock funds.

The C Fund (which is based on the S&P 500 index of stocks) has the second highest number of dollars invested. The F Fund is the least popular fund among investors.

Here is how TSP investors have allocated their money in the TSP as of the end of April 2019:

FundDollars in BillionsPercent
G Fund$18731.6%
F Fund$20.93.5%
C Fund$171.929.1%
S Fund$62.110.5%
I Fund$25.74.3%
L Funds$123.220.9%
Total$590.8100%

Interfund Transfers in April

In April, TSP investors withdrew about $820 million from the G Fund, $183 million from the F Fund and about $29 million from the S Fund. The C Fund received about $585 million into the fund; about $448 million was transferred into the Lifecycle Funds and about $20 million into the I Fund.

© 2019 Ralph R. Smith. All rights reserved. This article may not be reproduced without express written consent from Ralph R. Smith.

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About the Author

Ralph Smith has several decades of experience working with federal human resources issues. He has written extensively on a full range of human resources topics in books and newsletters and is a co-founder of two companies and several newsletters onĀ federal human resources. Follow Ralph on Twitter: @RalphSmith47

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