Finding out TSP basics

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Q: I’m working for the federal government and plan on retiring there. I wanted to get some information on the Thrift Savings Plan. I have about 10 percent going to the G Fund and was wondering whether you recommend it or whether I should move my money into another fund.

A: Unfortuantely, I can’t provide you with specific investment advice because I don’t know nearly enough about you, your goals and your circumstances. You can learn more about the TSP by visiting the TSP website.

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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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