This will let you see the candle sticks better sometimes. TSP has an obligation to disclose these cookies. Here is the breakdown of the satisfaction level in different areas for January: According to the Accenture briefing, service levels for a number of areas have been met each month since the new website was launched in June. may not be reproduced without express written consent from Ralph R. Smith. Federal employees and members of the military participate in the federal government's defined-contribution plan, known as the Thrift Savings Plan (TSP). Yes (71%, 591 Votes) No (29%, 247 Votes) Total Voters: 838 Loading . As of 3/3/2023, the fund has a compound annual growth rate of 5.2%, annualized standard deviation of 4.0%, and Sharpe Ratio of 0.25. A growth recession describesan economy that is growing at such a slow pace that more jobs are being lost than are being added. That back-log has now been resolved. L 2035 Fund. Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs? Lets take a look at these in greater detail: Although there are several types of risks associated with the F Fund, the overall risk is relatively low, because the F Fund holds a very diversified portfolio of high grade (investment grade) bonds. Daily Change: Details: L Income L 2025 L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 G Fund F Fund . Before sharing sensitive information, make sure youre on a federal government site. The much better news is that stocks have always gone back up without regard to hopes and expectations as to when that will occur. The Thrift Savings Plan ("TSP") is a retirement saving and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve. At the end of November, TSP ended with a second consecutive month of gains. Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs? The majority of interest from our users has been with respect to the TSP rate data (daily, monthly and annual) we provide on the site as well as our weekly TSP returns email list, so we decided we can best serve our users by focusing our efforts on these services instead. For example, for the TSP C Fund, we extended the available price history with the S&P 500 Total Return index. The exceptions are the G Fund with a 12-month return of 3.33%, and the L Income Fund with a 12-month return of 0.74%. TSP performance is down in February 2023 but still up for the year-to-date. Overall Returns (2005-2022): Our TSP Allocation Service is averaging a profit of +12.73% per year. When comparing investments, a low standard deviation is preferable. No doubt, for those TSP investors that use the website and the TSP call center regularly, they are hoping some of these lingering problems have been resolved or will be in the near future. TSP Thrift Savings Plan Talk - TSP Talk provides TSP fund allocation information and help for government employees and military personnel participating in the TSP (Thrift Savings Plan) program. We are outperforming the buy-and-hold strategy by +6.31%, nearly doubling its overall performance. How is this changing the composition of the federal workforce? This increase puts the Dow index back into a bull marketan increase of 20% or more from a recent low. As a result, this Fund is now down -12.32% for the year. Blog Home; TSP Talk; Weekly Wrap Up; Intrepid Timer; Premium Services . Stocks went up significantly on the last day of November after Federal Reserve ChairJerome Powellsignaled a potential slowdown in interest-rate increases. - Capability to track TSP transactions without giving away your TSP login credentials. From the end of September 2018 through the end of September 2022, all of the categories in the chart had an increase in average federal pay. My Account. TSP Performance Up in 2023 After Dismal 2022 Returns. Our Performance; Our Analysis; Our Allocations; Podcast; Live Charts. 2023 Ralph R. Smith. 90% of all interactions are now being handled through these channels. Subscribe to our free email list to get our news updates in your inbox. Follow Ralph on Twitter: @RalphSmith47. As of this writing, the Bloomberg U.S. A topic that has captured considerable interest among FedSmith readers in the past few months among Thrift Savings Plan (TSP) investors is the status and performance of the new TSP website. The S&P 500, the index on which the C Fund in the Thrift Savings Plan (TSP) is based, went up 3.1%. S Fund 6 Month Daily : 10 DMA, 50 DMA, 200 DMA . Here is the latest number as of the end of June 2022. It is human nature to look to more recent events and react to that recent information. Ralph Smith has several decades of experience working with federal human resources issues. Looking at the February 2023 returns seems familiar and feels like a return to the inflation-influenced days of 2022. Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs? After dismal Thrift Savings Plan (TSP) performance in 2022, 2023 started the year off with a bang. Here is a brief summary of where improvements have been made in recent weeks. It is more beneficial to review how these TSP Funds have performed over a longer term, including the downturns of 2008 and 2022. In TSP Talk you will get information on each of the TSP funds including market analysis, TSP fund returns, and recommended TSP fund allocations. Here is an update on 2022 TSP fund performance and how TSP website problems have been rectified. *Note: TSP share prices are updated by approximately 8 pm EST each evening; however, heavy trading days or technical issues sometimes delay the posting of share prices until later . The . A new rule from the Department of Labor requires considering climate change when investing retirement assets. But the common stocks of the C Fund continued their downward trajectory, finishing the May reporting window 1.65% in the red. Note: You can click the small square in the upper right hand area of the chart to expand view. Its right next to the down arrow. The C Fund can also be useful in a portfolio that contains bonds. Subscribe to our free email list to get our news updates in your inbox. It was established by Congress in the Federal Employees' Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans. The first TSP fund became available to investors in April 1987, and others followed in 1988 and 2001. He has written extensively on a full range of human resources topics in books and newsletters and is a co-founder of two companies and several newsletters onfederal human resources. In that same month, the S Fund went down 21.40% and the I Fund was down 13.87%. . The G Fund, which is made up of government securities, was the only TSP fund to finish June in the black, gaining 0.29% last month. may not be reproduced without express written consent from Ralph R. Smith. This column does not address that issue. All rights reserved. This fund is the second largest ETF in the world and gives a good overall picture of the market. So, the good news is that it could have been worse (and has been worse in earlier decades). No one can predict what will happen. In other words, inflation is still with us, the Federal Reserve is likely to continue its policy on rate increases, and this may have an impact on stock prices. This reflects the end of the federal governments fiscal year. The TSP F Fund is a U.S. bond index fund. $0.580/$1,000 account balance 0.058% (5.8 basis points), Investment expense ratio1 What You Need to Know, Federal Employees Pay Satisfaction on the Decline, October TSP Performance Up; Two Core Funds Up 8%+. If youre covered by theCivil Service Retirement System (CSRS)or are a member of theuniformed services, the TSP supplements CSRS annuity or military retired pay. We will only use your information to . The White House Office of Management and Budget has given federal agencies 30 days to get TikTok off of government issued devices used by federal employees. For the year, the S Fund leads all other funds with a return of 9.01%. These funds are a mix of the five core TSP funds (G, F, C, S, and I). Aggregate Index contains over 10,000 bonds. It is recommended that you view this page on a desktop device. Before sharing sensitive information, make sure youre on a federal government site. It is adefined-contribution (DC)plan that offers federal employees many of the same benefits that are available to workers in the private sector. And, of course, politics may play a role in the headlines we see. The indexes we use do not account for fund expenses, so earlier returns for both the benchmark portfolio and TSP Folio strategy will be slightly higher. Well help you understand each fundtheir risks, rewards, and performance. Privacy Policy | Supplementary cookies support additional functionality such as analytics. This list is from a chart presented at the FRTIB monthly meeting. An analysis of recent data suggests the Biden administrations focus on racial equity may be working to reduce federal pay raises for White employees. Then, in a surprise to many investors, prices rebounded and stocks had a great yearrewarding those who bought stocks during the downturn or held on to their stocks for the duration. They are designed designed to let you invest your entire portfolio in a single L Fund and get the best expected return for the amount of expected risk that is appropriate for you. The IIHS reports the biggest change to the criteria for both TSP and TSP+ awards is the replacement of the original IIHS side crash test with the updated evaluation launched in 2021, which . For November though, the S Fund gained 3.59%. With the Biden administration striving to put the topic of racial equity in the forefront of government policy on a wide variety of topics, what are the differences in average federal pay by racial groups over a period of years? January 2022 was not as bad as March 2020. What is important are the actual results of significant events unfoldingsome of which will be determined or influenced by government decisions and actions and others that will move along without regard to government actions. Nearly all of the portfolios in the federal government's 401 (k)-style retirement savings program shook off a shaky November to end 2021 on a high note. Our free email list gives you a weekly snapshot of the TSP funds' performance; sent weekly on Saturdays. Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs? The C Fund's investment objective is to match the performance of the Standard and Poor's 500 (S&P 500) Index, a broad market index made up of stocks of 500 large to medium-sized U.S. companies.