One of the complaints some Thrift Savings Plan investors have is what they consider a lack of investment options.
One of the complaints some Thrift Savings Plan investors have is what they consider a lack of investment options. Some of them want more funds, while others want higher risk/higher reward funds.
Some want to put money into socially-correct funds. Many would like the TSP to have an open window period when they could put some of the retirement nest egg money into outside sources.
Currently there are five funds which cover the U.S. stock market: C and S funds, and the I Fund which will be changed and broadened some time next year, plus the F-fund (bonds) and the very special G-fund guaranteed by the U.S. Treasury.
There are also a range of target-date funds which provide an age-appropriate mix of the five funds that get more conservative as the target date — 2020, 2030, etc. — approaches.
A lot of changes are on the way. Many of them are designed to meet the requests of investors and make it more attractive for them to leave their money in the TSP when they retire, or leave government for other jobs.
Kim Weaver, director of External Affairs for the Federal Thrift Investment Board, was my guest Wednesday on the Your Turn radio show. While she covered many of the pending changes, some questions we received were not answered on the show. Here is a three part-query from James M., at Wright-Patterson AFB, which is of general interest to many TSP investors:
By Amelia Brust
Crayola crayons’ distinctive smell — ranked 18th in a list of the 20 most identifiable smells in a 1982 Yale University study — is largely due to the stearic acid used to make the waxy consistency. Stearic acid is a derivative of beef fat.
Source: Mental Floss
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Mike Causey is senior correspondent for Federal News Network and writes his daily Federal Report column on federal employees’ pay, benefits and retirement.
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