TSP investment help


Q. I’ve been with the federal government going on 27 years and am a FERS employee. I don’t have much in my Thrift Savings Plan — barely over $30,000. Shouldn’t I have more? Due to my grade level, I can only contribute 1 percent, maybe 2 percent. How should I distribute the percentage to get the most out of it? Should I put in 50 percent into the G Fund, 10 percent into the F Fund, 10 percent into the C Fund and so on? Where should my percentage go that will give me the best return on my investment? Or is there someone who can instruct me or a website I can go to?

A. Getting professional help that is trustworthy will probably not be cost-effective. I suggest that you contribute the most you can afford and invest everything in the L Fund that most closely corresponds to your life expectancy.


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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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