After posting positive returns in May, the Thrift Savings Plan saw two negative returns in June 2024.
In June, the Thrift Savings Plan saw negative returns from the International Stock Index Investment I Fund and the Small Cap Stock Index investment S Fund. This comes after seeing all positive returns in May.
The rest of the TSP funds saw a decline in returns for the month of June, but remained in the positive. The Common Stock Index C Fund posted the highest return of 3.58%.
The I fund posted the lowest return and saw a huge drop from 4.86% in May to -1.62% last month, while the S fund fell from 3.36% last month to -0.10% in June.
The C fund continues to post the highest year-to-date return at 15.28%, and a 11.08% return over the last 12 months.
All Lifecycle funds posted positive returns in June. The L 2055, L 2060 and L 2065 all posted a 1.25% return, with year-to-date-returns of 10% and 13.60%, respectively, for the last 12 months.
| Thrift Savings Plan — June 2024 Returns | | | |
|---|
| Fund | June 2024 | Year-to-Date | Last 12 Months |
| G fund | 0.38% | 2.21% | 4.65% |
| F fund | 0.94% | -0.63% | 5.27% |
| C fund | 3.58% | 15.28% | 11.08% |
| S fund | -0.10% | 3.28% | 8.96% |
| I fund | -1.62% | 5.85% | 5.19% |
| L Income | 0.65% | 4.13% | 4.34% |
| L 2025 | 0.71% | 4.78% | 7.42% |
| L 2030 | 0.95% | 6.92% | 6.92% |
| L 2035 | 1.00% | 7.36% | 9.83% |
| L 2040 | 1.05% | 7.81% | 7.51% |
| L 2045 | 1.10% | 8.19% | 10.92% |
| L 2050 | 1.14% | 8.59% | 9.36% |
| L 2055 | 1.25% | 10.19% | 13.61% |
| L 2060 | 1.25% | 10.19% | 13.61% |
| L 2065 | 1.25% | 10.19% | 13.61% |
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FAQs
Here's the ratio we recommend for your portfolio: 80% in the C Fund, which is tied to the performance of the S&P 500. 10% in the S Fund, which includes stocks from small- to mid-sized companies that offer high risk and high return. 10% in the I Fund, an international fund that invests in stocks from overseas companies.
What's a good rate of return for TSP? ›
TSP Funds
| TSP Investment Funds 8/31/1990 - 9/13/2024 | TSP G Fund | TSP C Fund |
|---|
| 3-Year Return | 3.59% | 9.65% |
| 5-Year Return | 2.63% | 15.14% |
| 10-Year Return | 2.46% | 13.02% |
| Annual Return Since 8/31/1990 | 4.2% | 11.0% |
8 more rowsIf you choose to invest in the G Fund, you are placing a higher priority on the stability and preservation of your money than on the opportunity to potentially achieve greater long-term growth in your account through investment in the other TSP funds.
Why is my TSP losing money? ›
Fees and Expenses: While the TSP has low fees compared to many other retirement plans, fees and expenses can still impact your overall returns and potentially lead to losses. Lack of Diversification: If your TSP investments are concentrated in a few funds or asset classes, you may be exposed to higher risks.
What does Dave Ramsey recommend for TSP? ›
Dave Ramsey's advice is to save 5% into the TSP to get the full match, then max out a Roth IRA, and then put more into the TSP if you are able to save more after that.
What should I do with my TSP right now? ›
Five options on your TSP upon retirement
- Keep in TSP and let it grow. The easiest option is to keep it in your TSP and let it grow. ...
- Transfer TSP to a Rollover IRA. Another option is to roll your TSP into an IRA. ...
- Transfer TSP to your new employers' 401(k) plan. ...
- Take a lump sum distribution. ...
- Purchase an annuity.
Each index fund specializes in a different asset class or market segment, such as U.S. equities, international equities, and corporate bonds. The fifth core fund, the G Fund, invests in very low-risk, low-yield government bonds and guarantees principal protection to investors.
What is the average G fund return for TSP? ›
Basic Info. Thrift Savings Plan G Fund Monthly Returns is at 0.35%, compared to 0.39% last month and 0.35% last year. This is lower than the long term average of 0.37%.
What is the average TSP balance? ›
Total TSP assets at the end of 2023 were $845 billion. 4,060,009 FERS TSP accounts with an average account balance of $175,692. To compare, the average 401(k) balance based on 4.9 million defined contribution retirement plans was $112,572 at the end of 2022, according to Vanguard's 2023 analysis.
What not to do with your TSP account? ›
1. You are not contributing at least 5% If you aren't putting at least 5% of your income into your TSP, to maximize the matching contributions from your agency, you're turning down free money. You may already be at 5% and not know it.
Soon after the new system launched, TSP participants experienced a variety of issues with managing their account and completing transactions. These issues included the initial set up of the account, missing beneficiary data, completing rollover requests, and receiving required minimum distributions, among other things.
Which TSP fund makes the most money? ›
C Fund Pros:
Historically has given returns of about 9% per year, which is better than most other investments available.
What percentage should I put in my TSP? ›
As long as you are contributing at least 5% of your bi-weekly gross pay each pay period, you will receive the 4% Agency Matching contributions each pay period. Additionally, you will receive the Agency Automatic 1% contribution each pay period.
What should my cash allocation be? ›
A general rule of thumb is that cash or cash equivalents should range from 2% to 10% of your portfolio, although the right answer for you will depend on your individual circ*mstances.
What TSP funds to invest in right now? ›
THE F FUND:
More specifically, the F Fund tends to be a better investment than the G Fund when interest rates are flat or falling, while the G Fund is better when interest rates are rising. Right now, interest rates are rising, and so it is safer to have money in the G Fund.
Should I put all my TSP in the C fund? ›
If you are approaching retirement and are planning to take withdrawals from your TSP soon, 100% in the C fund is almost never a good idea. As we saw from the graphs, the C fund is very volatile and very difficult to predict in the short term.
