Will You Be Using the New L Funds?

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By on June 28, 2020 in Pay & Benefits with 0 Comments
Pink piggy bank surrounded by a small scattering of gold coins on a wooden tabletop

A group of new L Funds are launching in the Thrift Savings Plan this week. More funds are being added with target retirement dates every five years instead of every 10 years as has been done in the past. The L 2020 Fund will also be retired and rolled into the L Income fund.

The new funds will be labeled in this way:

  • L 2025
  • L 2035
  • L 2045
  • L 2055
  • L 2065

The new funds will take effect on July 1.

Do you plan to utilize the new L Funds? Take our short survey below to share your feedback about the new funds and how you invest in the TSP. We will share the results in a future article on FedSmith.com.

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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.