Government TSP: Overview of the Federal Thrift Savings Plan Funds

102
1



The federal government’s thrift savings plan, commonly called the TSP, has long served as a low cost savings method for government employees. The five base funds of the TSP offer government employees access to five major indexes in which they may invest.

TSP funds are not mutual funds, which means they cannot be invested in by the general public. Instead they are trust funds that are managed by Blackrock Institutional Trust Company. These trust funds have management fees of .039% and below, which comes out to $0.239per $1000. To keep management fees and transaction costs low, participants in the TSP are only allow 2 interfund transfers each month, after which they may only transfer money into the G Fund.

Click this link to read the rest of the companion blog post:
http://realizeyourretirement.com/government-tsp-overview-of-the-federal-thrift-savings-plan-funds/

source

1 Comment

  1. Tsp you might as well put the money in the bank for what they get you
    I feel like an idiot joining that fake Roth they offer

Leave a Reply

Your email address will not be published. Required fields are marked *