The TSP last year decided to put off implementing a previous decision to begin using a broader index for the international stock I fund, following several actions by the Trump administration against the change largely because China would be among the countries to be added. Image: Bjoern Wylezich/Shutterstock.com
By: FEDweek StaffThe international stock I fund gained 3.61 percent in May, well outpacing the other two stock-based TSP funds; the large company C fund gained 0.69 percent while the small company stock S fund dropped 0.66 percent.
The bond F fund gained 0.34 percent and the government securities G fund 0.13 percent.
Returns of the lifecycle L funds, all gains, were: Income, 0.47; 2025, 0.81; 2030, 1; 2035, 1.08; 2040, 1.16; 2045, 1.22; 2050, 1.28; 2055, 2060, 2065, 1.5.
Review of TSP Investment Policies to Include “Climate-related financial risk”
President Biden has ordered an assessment of how the TSP “has taken environmental, social, and governance factors, including climate-related financial risk, into account” in its investment fund offerings, as part of an executive order on the government’s potential financial liabilities arising from climate change.What it Takes to Be a TSP Millionaire in Today’s Dollars
With a long enough timeline, involving consistent large contributions and decent long-term stock returns during the period, it’s possible to become a millionaire from compounding a middle-class or upper middle-class income, including most jobs in federal service.
