Thrift Savings Plan
The TSP is a retirement savings plan for civilians who are employed by the United States Government and members of the uniformed services. The Federal Retirement Thrift Investment Board, administers the Thrift Savings Plan (TSP).
It is similar to a 401(k) retirement plan found in the private sector.
The TSP offers investors a choice of funds:
* G fund - Government Securities. These are unique government securities, backed by the full faith and credit of the US Government, available only through the G Fund.
* F fund - Fixed Income Index (Barclay's US Debt Index Fund tracks the LBA Bond Index)
* C fund - Common Stock Index (Barclay's Equity Index Fund tracks the S&P 500 Stock Index)
* S fund - Small Cap Stock Index (introduced in 2001, Barclay's Extended Market Index tracks the Wilshire 4500 Index)
* I fund - International Stock Index (introduced in 2001, Barclay's EAFE Index Fund tracks the EAFE Stock Index)
* Plus the L (Lifecycle) family, which maintains a dynamic mix of the above five core funds and is frequently rebalanced in anticipation of employee's retirement date.
For more info about each fund and historical rate of returns, visit the official TSP website: http://www.tsp.gov
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