Browsing: L Fund

Q. I am a newly hired career postal employee. I just started contributions to several funds in the market. I would like to know if the percentages that I have chosen fit my status. G-40% C-28% S-8% F-6% I-4% L2030-14% Allocation L2030-50% G-50%

Q. I am 52, and I have all my TSP money in the C Fund: $187,000. I probably will not retire until 62 or 65, and by that time I will have 30 years of government service. Which L Fund should I switch to, and should I make a lump-sum move now?

Q. I’m a 40-year old mailman with 17 years service. I plan on leaving the post office when I hit 52 (30 years service). I understand I need to leave my TSP alone until 55 without penalty. My house will be paid off before I’m 51. I plan to work part-time with less stress after 52. I have $91,000 in traditional TSP now ($15,000 in L2030), the rest in G fund. I just switched from 10 percent to 15 percent payroll withdrawal. Should I change my contribution to 100 percent going into L fund, or remain with my current 70/30…

Q. I am a FERS employee and plan to retire in December 2015 at age 68-1/2 with 30 years, nine months of government service. I presently invest my TSP with G Fund 60%, F Fund 10%, C Fund 10%, S Fund 10% and I Fund 10%. Should I switch the money out of the G Fund and invest in C Fund 60%, S Fund 20% and I Fund 20%, as they seem to be doing so much better than the G Fund?

Q. You recommend  that if we do not feel comfortable managing our TSP,  we should  invest in the L Fund that most closely corresponds to our life expectancy. However, the L Funds are named for the year we expect to start withdrawing money, not the year we expect to expire. I expect that I will not be withdrawing much money the year I expire, and certainly none afterwards. So why do you word your advice that way?

Q. I started working for the government about 2-1/2 years ago. I am 56 and plan to retire in 10 years. I am contributing 15 percent of my  pay to the TSP G fund. I want to earn more than this fund is paying. What are your recommendations on which fund I should contributing to? A. If you don’t know what else to do, then about the best thing I can suggest is that you use the L Fund that most closely corresponds to your life expectancy. You won’t know how much spending this will safely support, but at least…

Q. I am 55 years old planning to retire under CSRS in the next year. I currently have approximately $200,000 in TSP using my own distribution choices rather than an L Fund. Although my distribution selection falls between the L 2020 and L 2040 Funds, I am considering movement to an L Fund once I retire. If I understand the TSP descriptions correctly, they suggest I use the L Fund closest to my retirement year (L 2020), but my thought is that I can afford to be a little more aggressive considering I will be receiving a decent pension ($70,000).…

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