What Will Happen to the L2010 Fund?
What will happen to the TSP’s lifecycle fund labeled the “L2010 Fund” as 2010 comes to an end? It will roll down into the L Income Fund in December 2010, and the L 2050 Fund will begin in January 2011.
If you are a federal employee, you may be wondering how to plan for your retirement and make the most of your Thrift Savings Plan (TSP). The TSP is a tax-advantaged retirement savings plan that allows you to invest in various funds and options, depending on your risk tolerance and goals. On this tag page, you will find articles and resources that will help you understand the benefits and features of the TSP, as well as tips and strategies to increase your investment returns and secure your future income. You will also learn about the latest news and updates on the TSP performance, fees, withdrawals, and more. Whether you are just starting your federal career or are near retirement, these articles will provide you with valuable information and guidance on how to make the best use of your TSP.
What will happen to the TSP’s lifecycle fund labeled the “L2010 Fund” as 2010 comes to an end? It will roll down into the L Income Fund in December 2010, and the L 2050 Fund will begin in January 2011.
Investing for your future retirement can be daunting. Congress is taking an interest in the performance of target date funds which are similar to the TSP’s lifecycle funds. Here is why and how your TSP compares to the rest of the industry.
More Thrift Savings Plan investors are putting their money into a lifecycle fund and, in April, TSP investors withdrew funds from the G and F funds–presumably in the hope that the stock market rise will continue.
There is no one solution that can assure your TSP will perform in a way to assure a carefree retirement. The challenge is to understand not only what each of the TSP funds invest in, but the risks involved in each fund or combination of funds.
The Thrift Savings Plan funds took a hit in May. Here is how much of a hit there was to the TSP funds and why it happened.
There is very little information about the TSP funds available to conduct an extensive analysis. The majority of participant’s funds are sitting in the G Fund earning low returns. Many participants struggle without the tools necessary in managing such a pivotal piece of your retirement.
Have you checked out the value of your TSP funds as a result of market activity yesterday? If you are an investor in the Thrift Savings Plan, the rapid 1000 point drop in the stock market average was an historic event and you (or your money) participated in the event. Here are the results of yesterday’s stock trading.
For the third month in a row, investors in the federal Thrift Savings Plan (TSP) are enjoying positive returns in most of the TSP funds. In March, some TSP investors decided to move money into the small company fund. The gamble paid off in April.
After the July 1, 2010 adjustment in the L 2010 Fund of the federal Thrift Savings Plan, its allocation will be identical to the L Income Fund allocation. However, the money will remain in the L 2010 Fund until the end of December 2010.
On July 1, 2010, all the money in the L 2010 fund will disappear. In fact, the entire L 2010 fund will disappear as well. On that date the fund mixtures in the L 2010 fund will mirror those in the L Income fund and the two funds will become one.