Most of the Thrift Savings Plan funds posted positive returns, bouncing back from a largely negative performance in February. The small cap stock index S fund w...
Most of the Thrift Savings Plan funds posted positive returns, bouncing back from a largely negative performance in February. The small cap stock index S fund was the only one to post a negative return in March, coming in at -2.90%. Its share prices dropped from $67.06 to $65.13. That also caused it to lose its status as the fund with the highest returns of 2023 so far, dropping from 9.01% in February to 5.85% in March.
The heir apparent to that title is the international stock index I fund; its March returns of 3.11% propelled it to first place in 2023 with a year-to-date return of 8.63%. It’s also the only fund besides the government securities investment G fund to post positive returns over the last 12 months, at 0.28%. The slow-but-steady G fund has returned 3.52% in the last twelve months, and in March its 0.35% returns placed it at 0.97% for the year so far.
The common stock index C fund turned in the highest returns in March, at 3.67%, with share prices rising from $60.79 to $63.32. That drove its year-to-date returns up to 7.49%.
The Lifestyle income funds all showed positive returns in March as well, though they’re all still in the red across the last 12 months.
| Thrift Savings Plan — March 2023 Returns | | | |
|---|
| Fund | March | Year-to-Date | Last 12 Months |
| G fund | 0.35% | 0.97% | 3.52% |
| F fund | 2.55% | 3.14% | -4.56% |
| C fund | 3.67% | 7.49% | -7.76% |
| S fund | -2.90% | 5.85% | -14.00% |
| I fund | 3.11% | 8.63% | 0.28% |
| L Income | 1.05% | 2.76% | -0.73% |
| L 2025 | 1.38% | 3.72% | -0.73% |
| L 2030 | 1.87% | 5.19% | -2.09% |
| L 2035 | 2.01% | 5.60% | -2.73% |
| L 2040 | 2.14% | 6.00% | -3.34% |
| L 2045 | 2.24% | 6.34% | -3.91% |
| L 2050 | 2.34% | 6.67% | -4.42% |
| L 2055 | 2.54% | 7.67% | -5.68% |
| L 2060 | 2.55% | 7.67% | -5.69% |
| L 2065 | 2.55% | 7.68% | -5.69% |
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FAQs
The F fund posted a 0.87% return, after last month posting a -1.41% return. The G fund also made a slight increase from 0.33% to 0.38% in March.
What is the return rate for the S fund? ›
Basic Info. Thrift Savings Plan S Fund Monthly Returns is at 3.33%, compared to 6.03% last month and -2.90% last year. This is higher than the long term average of 0.86%.
What are the most aggressive funds in the TSP? ›
The conservative funds are the G and F funds and the aggressive funds are the C, S, and I funds.
Does TSP automatically rebalance? ›
If you want to choose an investment option that will adjust automatically to manage risk over time, consider the Lifecycle Funds (L Funds). They rebalance every day to maintain the appropriate investment allocation, and they reallocate over time to give you less risk the closer you get to needing your money.
Which TSP fund has the best return? ›
The C Fund has grown 7.49% in 2024, marking the best performance among the TSP's core funds.
What is the average TSP balance at retirement? ›
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. To compare more accurately, at the end of 2022, the average TSP balance for a FERS employee was $157,325.
Is the S fund in TSP a good investment? ›
While investment in the S Fund carries risk, it also offers the opportunity to experience gains from equity ownership of small-to-mid-sized U.S. companies. It provides an excellent means of further diversifying your domestic equity holdings.
Is 7% a good rate of return? ›
General ROI: A positive ROI is generally considered good, with a normal ROI of 5-7% often seen as a reasonable expectation. However, a strong general ROI is something greater than 10%. Return on Stocks: On average, a ROI of 7% after inflation is often considered good, based on the historical returns of the market.
What fund has the highest return? ›
Best-performing U.S. equity mutual funds
| Ticker | Name | 5-year return (%) |
|---|
| FGRTX | Fidelity Mega Cap Stock | 16.52% |
| STSEX | BlackRock Exchange BlackRock | 16.27% |
| USBOX | Pear Tree Quality Ordinary | 16.13% |
| FGLGX | Fidelity Series Large Cap Stock | 16.08% |
3 more rowsMar 29, 2024
The G Fund is often considered the safest option among TSP funds.
As of year-end 2023 just under 117,000 TSP investors had $1 million or more in their accounts, an increase of some 40,000 during the year, another impact of the rebound in stock-based investment funds during the year making up for their losses of 2022.
Should I move my TSP money to the G fund? ›
If 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.
What is the drawback of TSP? ›
Disadvantages of Thrift Savings Plans (TSPs) Some employees may not be aware they are contributing to a retirement account through automatic enrollment, which could lead to misunderstandings about their pay.
What must a retiree with a TSP account do by 72? ›
Required minimum distribution (RMD) changes
SECURE 2.0 increases the age you must begin taking RMDs from your TSP account. The start age for RMDs increased from 72 to 73 starting on January 1, 2023.
When should I change my TSP allocation for 2024? ›
You may enroll in the TSP program or make contribution changes at any time; however, if you wish for your contribution deductions to begin the first pay date in 2024, you must make your TSP election effective for pay period 26 (December 17, 2023, through December 30, 2023), which has a pay date of January 8, 2024.
What is the current return on the TSP G fund? ›
Basic Info. Thrift Savings Plan G Fund Monthly Returns is at 0.38%, compared to 0.33% last month and 0.35% last year. This is higher than the long term average of 0.37%.
What is the monthly return on the TSP F fund? ›
Thrift Savings Plan F Fund Monthly Returns is at 0.87%, compared to -1.41% last month and 2.55% last year. This is higher than the long term average of 0.44%.
What is the TSP fund performance in 2024? ›
TSP Returns in January 2024
The other core TSP stock funds did not end up in positive territory as the S Fund was down 2.41%, and the I Fund declined by . 22%. All of the Lifecycle Funds had a small gain for the month. The G Fund had its usual positive return, finishing up at 0.34%, and the F Fund declined by 0.19%.
What does rate of return mean for TSP? ›
Your personal rate of return, or PROR, is a number that pretends to quantify the performance of your TSP account over the most recent 12 calendar months. Unfortunately, there are a number of problems with this statistic that make it useless at best and dangerous to use at worst.
