At least May doesn't include tax day. Image: Steve Heap/Shutterstock.com
By: FEDweek StaffAll TSP funds except the ever-gaining government securities G fund posted losses in April, with the small company stock S fund down 6.46 percent, the large company stock C fund down 4.08 percent and the international stock I fund down 3.17 percent.
The bond F fund dropped 2.47 percent while the G fund rose 0.35 percent.
Due to a strong start over the first three months, all funds except the F fund are in positive territory year-to-date, led by the C fund, up 6.03 percent. The I fund is up 2.6 percent, the G fund 1.41 percent and the S fund 0.01 percent while the F fund is down 3.2 percent year-to-date.
The April returns for the lifecycle L funds were: Income, -0.95; 2025, -1.27; 2030, -2.48; 2035, -2.76; 2040, -3.03; 2045, -3.27; 2050, -3.49; 2055, 2060, 2065, -4.06. Those funds also are up on the year, however, from 1.85 to 3.97 percent.
The TSP’s cash flow actually turned negative in the early months of 2024 as withdrawals and loans that take money out of investor accounts have outpaced new investments and loan repayments, according to data presented at the latest meeting of the TSP governing board.
Did you know?
Although you may no longer make investments in your TSP account once you separate from the federal service, you may continue to move your money among the funds. In addition, you will be offered a series of withdrawal options from which to choose. You can leave you money in the TSP where it will continue to earn interest and defer a decision about what to do until a later date, within certain limits.
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See also,
How Do Age and Years of Service Impact My Federal Retirement
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