The number of TSP account holders with at least $1 million in their accounts has increased from just under 117,000 to above 155,000 year-to-date. Image: Lightspring/Shutterstock.com
The small company stock S fund posted an 11.97 percent gain in November, bringing its year-to-date return to 25.8 percent, nearly up to the 28.02 percent gain so far in 2024 for the large company stock C fund, which itself posted a strong 5.87 percent gain last month.
The international stock I fund was essentially flat in November, down 0.01 percent, while the bond F fund gained 1.14 percent and the government securities G fund rose 0.36 percent. Those funds are up 7.3, 3.09 and 4.03 percent year-to-date.
The November returns for the lifecycle L funds were: Income, 1.51; 2025, 1.68; 2030, 2.94; 2035, 3.19; 2040, 3.45; 2045, 3.66; 2050, 3.88; 2055-2070, 4.56. Those funds are up from 8.09 to 20.05 percent year-to-date.
The TSP recently announced it will begin offering account holders the option to convert part or all of their traditional investments to Roth status starting in 2026, officials said at the November meeting of the program’s governing board.
It also noted that 2024 was a strong year overall, with the number of TSP account holders with at least $1 million in their accounts has increased from just under 117,000 to above 155,000 year-to-date, reflecting positive returns in the TSP’s stock-based funds. The number through September 30 represents about 2 percent of what is now more than 7.1 million account holders, including both current and former federal and military personnel. The count had been just under 95,000 as of September 30, 2023.
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