Fedweek

Volatility remains in the cards, with markets opening lower to start the month of August. Image: orhan akkurt/Shutterstock.com

Large gains in each of the three stock-based TSP funds in July eased some of the pain of the losses they experienced in the first six months of the year. Despite the bounce, all three stock funds remain down substantially year-to-date and market volatility is likely to continue for some time – and markets started the month of August giving up some of those gains.

In July, the small company stock fund led with a 10.32 percent gain, followed by the large company stock C fund, 9.22 percent, and the international stock I fund, 5.15. The bond F fund also posted a gain, 2.47 percent, as did the ever-gaining government securities G fund, 0.26 percent. However, year-to-date the S, C and I funds still are down 20.48, 12.58 and 14.77 percent respectively, while the F fund is down 7.86 percent and the G fund is up 1.41 percent.

The July gains in the lifecycle L funds were: Income, 2.21; 2025, 3.5; 2030, 5; 2035, 5.47; 2040, 5.92; 2045, 6.33; 2050, 6.71; 2055, 7.89; 2060, 2055, 7.9. All of those funds remain down year-to-date, ranging from -2.74 for the Income fund to -14.28 for the 2065 fund, reflecting the weighting of stock funds within their mixes.

TSP Accounts Shed $100 Billion this Year; Customer Service Woes Continue

TSP Responds to Customer Service Complaints:
“The difficulties in setting up online logins naturally drove higher call volume at our Call Centers.”

Why So Few are Taking Advantage of TSP Mutual Fund Window

Beneficiary Designations Still Valid Even if Not in New System, Says TSP

Installments vs. Annuity: Using Your TSP for Regular Income

Hearing Highlights Partisan Differences over Telework vs. Onsite Work

What’s Risky about Retirement

Retiring from a Federal Job – Getting Started

Retiring from a Federal Job: Make Sure Your Agency Gets it Right

FERS Retirement Guide 2022