TSP dividends

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Q. Do any of the TSP funds generate dividends that are automatically added to the account in the form of shares or are the only shares added to my accounts done when I and my employer purchase shares on payday. If certain funds do generate dividends in the form of shares added to my account how do I track them?

A. All of the income generated by the holdings in the various TSP funds is added to the value of the shares, rather than being paid in cash or additional shares.

 

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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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