The TSP Ended With a BANG

The TSP Ended With a BANG

The 401(k)-style retirement savings program of the federal government has completed 2019 with a bang as every fund increased in value this year. Except for a single portfolio, all the others saw net positive results in 2019.
The I Fund led the rally for the Thrift Savings Plan in December, which saw an increase of 3.24% during the month of December. The fund grew 22.47% in 2019 alone.
The F fund was the sole TSP portfolio, which ended December with a fall of 0.08%. However, its performance for 2019 was a solid 8.68%. The G Fund, a fund that comprises of mostly government securities grew 0.16% in December, which brought its total gains in 2019 to 2.24%.
The S Fund’s mid- and small-size businesses increased 2.15% during December, which brought its total gains in 2019 to around 27.97%. C Fund’s common stocks grew 3.01% in December, which brought its total gains in 2019 to around 31.45%.
Every lifecycle fund from TSP, which shifts towards increasingly stable investments and opportunities as participants move closer to their retirement ended 2019 with positive returns. The L Fund, designed for individuals who’ve commenced withdrawals, grew 0.74%; L 2050, 2.43%; L 2040, 2.15%; L 2030, 1.83%; L 2020, 0.86% in December.
The L Fund also grew 7.60%, L 2050, 23.33%; L 2040, 20.69%; L 2030, 17.60%; and L 2020, 9.38%.

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