FRTIB Approves Change to TSP I Fund Index
A change has been approved to the index tracked by the TSP’s I Fund to expand international investment options for federal employees and retirees.
A change has been approved to the index tracked by the TSP’s I Fund to expand international investment options for federal employees and retirees.
Do federal employees have to worry about their investments in the TSP supporting Chinese companies?
Senator Marco Rubio’s latest efforts to block TSP investments of federal employees in Chinese companies have failed.
Senator Marco Rubio has introduced legislation to restrict investing TSP money into companies with links to China due to national security concerns.
A bill called the TSP Fiduciary Security Act would require TSP to restrict investments and voting rights to protect national security.
Chinese investments through the TSP mutual fund window are creating political controversy and national security concerns.
Four nominees have been confirmed for the FRTIB, the TSP’s governing board. Confirmation moved quickly after Senator Marco Rubio removed a hold on the nominations.
Six Senators want to stop implementation of the TSP mutual fund window over a national security threat they say it poses from investments in Chinese companies.
Concern over TSP investments in China have led to a hold in the Senate on voting to confirm nominees to the FRTIB.
Where have the highest TSP returns appeared in 2021? What is the new favorite fund for TSP investors?