What should my TSP allocations be?
How Much Should You Invest in a TSP Account? We recommend investing 15% of your income for retirement. When you contribute 15% consistently, you set yourself up to have options when you retire.
How often can I change TSP allocations?
two IFTs
A contribution allocation tells us how you want to invest NEW money coming into your account. An interfund transfer (IFT) allows you to change the way money ALREADY in your account is invested. You are allowed two IFTs in a calendar month.
How do I increase my TSP allocation?
You may request a contribution allocation or an IFT by visiting the Online Transactions section of My Account. You can also call the ThriftLine at 1-877-968-3778 and follow the automated prompts.
Which TSP fund is the most volatile?
C Fund
Despite the S Fund’s historical record of outperforming C, TSP participants invest three times as much in the C Fund as the S Fund. One disadvantage of the S Fund is that it is more volatile than C. It is the most volatile of the five TSP traditional funds.
What is TSP allocation?
TSP Allocation Model. The TSP, or Thrift Savings Plan, is a defined contribution retirement savings and investment plan for Federal employees and members of the uniformed services. It is one of the most effective retirement plans in use today, but it must be managed on an ongoing basis if you expect it to be a primary source of retirement funding.
What is the TSP LifeCycle fund?
The TSP Lifecycle funds are portfolio investments that consist of all five TSP funds. They automatically stay balanced and shift to a more conservative asset allocation as you approach retirement.
What is l2040 fund?
The TSP L 2040 Fund is one of the TSP Lifecycle Funds, designed for investors who plan to withdraw their money beginning 2038 through 2042. It aims to achieve a high level of growth with a low emphasis on preservation of investment capital. The L Funds are essentially a diversified investment portfolio of stocks and bonds in a single fund.
What is L Income Fund?
The L Income Fund is the most conservative of the L Funds, since it focuses on capital preservation. It maintains a small exposure to TSP stock funds (C, S, and I Funds) in other to improve the odds of at least keeping pace with inflation.