Q. Will the TSP allow retirement withdrawals by fund allocation? I want to set aside a portion of my account in the G Fund for secure monthly income. I would like to keep the remainder as a growth fund – primarily invested in stocks and bonds. I want to avoid drawing any percentage out of this growth fund during temporary or cyclical market reversals. If this withdrawal strategy is not allowed, is transferring funds out of TSP the only way to achieve my money management goals?
Browsing: G Fund
Q. I only did four years in the Marines and got out back in ’08. I totally forgot I had a TSP until I got an annual update for it in the mail. All my money is in the G Fund and only has a little over $8,000 in it. Should I leave it alone? Roll it into an IRA? Try and work with it and spread the money in there to the other funds? If so, which ones? I’m 32 years old, and still have plenty of years of being a wage slave ahead of me. The only thing…
Q. I am 66 years old and am retired. I have around $400,000 in my TSP. I am not planning to withdrawal until 2022. Currently, I have G Fund, C Fund, I Fund, etc. I am not sure if I should move all to G Fund or L2020.
Q. I had all my funds in the L Fund most closely related to my retiring date until this afternoon. After learning that my overall value dropped by $5,000, I got worried and moved everything to the G Fund. Then I spoke to a friend who explained to me the $5,000 loss was really only a decrease in value, and not real money. Now that I better understand I would like to move back to the L Fund. Will I be penalized or will my funds be significantly effected because i did this switch?
Q. Currently I have 90 percent in the S fund and 10 percent in the G Fund. Obviously, I’ve lost a lot of the gains we made $57,000 to be exact.I know we are due for a correction, but I have no idea what to do. Move to the L Fund? Move 50 percent to C? If I do those now, do I lose? I retire in 6 years 10 months.
Q. My TSP is in the G, F, C, S and I Funds. Would it be a bad time to move it to the L2020 fund, considering the loss that has occurred during this month?
Q. I have been a federal employee for about a decade now and have seen my earning ebb back and forth. What would you recommend doing to preemptively guard earnings for the potential upcoming recession that is making headlines? Which fund is typically the safest?
Q. I recently googled, “What is a CG Fund?” I clicked on the first topic that came up, which had your short article about how you have attended a U.S. Postal Service retirement seminar not sponsored by the USPS. Your writing made me raise my eyebrows as I had attended a similar seminar two months ago, which at the end she also threw the “pitch” of the CG Fund and how it can double our TSP and will never lose the initial investment no matter what happens to the market. Is there any way that you may forward me any…
Q. I have 22 years of federal employment and had $304,000 in my TSP fund. I have always kept 100 percent in the C Fund. With the terrible year of 2018, I have seen all my gains lost and gained throughout the year. Today, 12/10/2018, is yet another terrible day with the stocks falling again since the opening I bell this morning. Today, as of lunch time, my TSP funds have decreased to about $280,400. I am wondering if I should move my money to the G Fund until this tumultuous time is over?
Q. I am 74 years old and currently have TSP funds in the amount of $140,000 in the G Fund. Should I allocate about $30,000 or so in one of the riskier funds? I would like for my TSP to grow larger but am a little apprehensive about losing money if I move it. I didn’t start investing in the TSP until the last 15 years of government service. I only take out the RMD each year.