TSP: Shooting for 70% Replacement Income & Understanding L Fund Investments
The latest meeting of TSP executives outlined legislative and administration actions, their potential impact on the TSP, and highlights of L Fund investments.
The latest meeting of TSP executives outlined legislative and administration actions, their potential impact on the TSP, and highlights of L Fund investments.
Bills have been introduced again to stop the TSP from investing federal employees’ retirement funds in Chinese companies.
It has been one year since the stock market bottomed. One TSP fund has returned 135% in this time.
Will changing TSP options help save the planet? A new bill seeks to “protect federal pensions from the economic consequences of climate change”.
Nominees to the TSP board have been pulled by President Biden.
The Thrift Savings Plan is off to a strong start with one fund already up more than 7% in 2021.
President Trump has resubmitted names to serve on the Thrift Investment Board that administers the TSP.
There has been a big turnaround in TSP stock funds in November and changes to investing TSP index funds.
The FRTIB has awarded the second of two fund manager contracts for four of the TSP’s core funds.
A rule change coming this fall will increase the automatic enrollment percentage in the TSP from 3% to 5%.