TSP advisers


Q. Do you have an opinion on subscribing to TSP Advisors? When you subscribe, they are supposed to assist in managing TSP funds. Are TSP financial advisers more beneficial?

A. Save your money and put your TSP into the L Fund that most closely corresponds to your life expectancy.

From their website:

“TSPA does not offer personalized investment advice. All subscribers should perform their own due diligence before making allocation decisions in their TSP account. TSPA notifications and corresponding advice are for informational and educational purposes only. No assumptions can be made that past performance will be indicative of future results. TSPA does not assume any liability for losses that may result from any persons reliance on the notifications and/or suggested allocations provided.”

Does this seem like a good source for reliable investment advice?


About Author

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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