Moving TSP account balance to different L Fund

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Q. I currently have all my TSP balance ($210,000) in the L2030 Fund. I will retire in 2030, but will not be withdrawing any money (hopefully) until about 2040. I would like to move to a little more aggressive L Fund. If I move some or all of my L2030 fund balance to L2040, will I lose any money in the move?

A. There is no cost assessed against your account to transfer your funds among and between the various TSP investment options.

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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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