Will You Be Using the New L Funds?

June 28, 2020 10:27 AM , Updated July 16, 2020 9:58 AM
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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.

The survey is now closed. You can view the results here: FedSmith Readers Plan to Take Advantage of the New L Funds

Thanks to our readers who took the time to share their feedback in the survey!

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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.

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