Q. I am a federal employee with 17 years until retirement. I was going to open a 529 college fund for my daughter, but I’m thinking that I should invest that money into my TSP instead … knowing that I’ll retire when my daughter graduates high school. If she gets a scholarship or decides not to go to college, however, the money can be spent elsewhere. Is this a good idea?
Q. When you lose money in the TSP C,S or I Funds (during a correction or crash), is it only on paper and only temporary until the market rises again at some point? The only time you really lose money is when you sell in a down market and “lock” in your losses, correct?
Q. I have my personal investments with Wells Fargo. Would it be practical to move all of my Wells Fargo investments to the TSP to avoid the 1 percent fees I am charged? I know the TSP is very low cost.
Q. I’m a federal employee for 18 years and have been contributing to TSP for the last 17 years. My financial advisor wants me to spread my current funds by a dollar amount. I only see how to spread my money by percentages. Is there a way to do it by dollar amount?
Q. I am 61 years of age and a CSRS annuitant for the past last seven years. My wife is also a CSRS annuitant (age 55). We are both in the L2020 fund. With our joint annuities we are financially whole. My question is, we are contemplating transferring 50 percent of my 2020 fund (approximately $150,000) and 50 percent of her L2020 fund (approximately $70,000) to the L2030 fund. We are both in good health. Please comment on the transfer proposal and the amounts.
Q. I never really understood the G Fund. Am I correct in believing that as long as I leave money in the G Fund, the value of the G Fund will never decrease? Further, the yield is influenced mostly by the yield on the 10-year Treasury. So, as these interest rates rise so probably will the yield on the 10-year Treasury?
Q. I am considering taking a position where I would be a re-employed annuitant and covered under a dual comp wavier. As my income looks like it would be over the limit for an IRA, what are the best ways I could continue to save for retirement while I am a reemployed annuitant and then roll those savings into the TSP?
Q. I am 57 years old and plan to retire from the federal civil service in 4-5 years with 23 years. About a year ago I significantly reduced the amount going to the G Fund and significantly increased the amount going into the C Fund. The changes have resulted in a current balance of 50 percent G Fund and 50 percent C Fund. Previous to the changes, I had a much larger percentage in the G Fund. I realize I am not diversified as I probably should be. Any recommendations for reallocating my TSP?