Leaders Workshop

Soft Skills Development & Training

Blog Archive

Powered by Blogger.

[TSPStrategy] Most TSP funds continued their upward trend in July

https://www.govexec.com/pay-benefits/2023/08/most-tsp-funds-continued-their-upward-trend-july/389014/

Most TSP funds continued their upward trend in July

Only one of the portfolios in the federal government's 401(k)-style retirement savings program ended last month in the red.

The federal government's 401(k)-style retirement savings program continued its ascent in July, with nearly all of the Thrift Savings Plan's portfolios posting gains.

For the second straight month, only the TSP's fixed income (F) fund lost value last month, falling 0.07%. So far this year, the F Fund has increased by 2.18%.

The small- and mid-size businesses of the S Fund saw the best performance, finishing July 5.91% in the black. Since January, the S Fund has grown 19.30%. And the common stocks of the C Fund gained 3.21%, bringing its 2023 performance up to 20.62%.

The international (I) fund increased 2.82% last month. So far this year, the I Fund has increased by 15.32% in value. And the G Fund, which is made up of government securities, grew by its statutorily mandated rate of 0.34% last month. Since January, the G Fund has increased 2.26%.

Each of the TSP's lifecycle (L) funds, which shift to more stable investments as participants get closer to retirement, posted gains in July. The L Income Fund, designed for those already making withdrawals, increased 1.09%; L 2025, 1.44%; L 2030, 2.18%; L 2035, 2.36%; L 2040, 2.54%, L 2045, 2.70%; L 2050, 2.86%; L 2055, 3.42%; L 2060, 3.42%; and L 2065, 3.42%.

So far this year, the L Income Fund has grown 6.19%; L 2025, 8.28%; L 2030, 11.98%; L 2035, 12.95%; L 2040, 13.92%; L 2045, 14.75%; L 2050, 15.59%; L 2055, 18.52%; L 2060, 18.52%; and L 2065, 18.52%.

_._,_._,_

Groups.io Links:

You receive all messages sent to this group.

View/Reply Online (#3681) | Reply To Group | Reply To Sender | Mute This Topic | New Topic
Your Subscription | Contact Group Owner | Unsubscribe [prefander.leadersworkshop@blogger.com]

_._,_._,_
Anda baru saja membaca artikel yang berkategori dengan judul [TSPStrategy] Most TSP funds continued their upward trend in July. Anda bisa bookmark halaman ini dengan URL https://1stleadershipworkshop.blogspot.com/2023/08/tspstrategy-most-tsp-funds-continued.html. Terima kasih!
Ditulis oleh: Andriansyah -

Belum ada komentar untuk "[TSPStrategy] Most TSP funds continued their upward trend in July"

Post a Comment