Your Money – A Look at the TSP in May

After across-the-board gains in March and April, Thrift Savings Plan funds lost a little steam last month.

But still the year to date numbers are up. Kim Weaver is the Director of External Affairs at the Federal Retirement Thrift Investment Board, the board oversees the TSP.

She told Chris Dorobek on the DorobekINSIDER program that the numbers are quiet good for the year even with a slight drop in May.

“The F-Fund was a notable change this month. It saw its biggest decline since May of 2008 because investors are concerned the interest rates may be beginning to creep back up and that affects bonds,” said Weaver.

Youtube

“We launched our YouTube channel last fall. Right now we have 10 videos that answer frequently asked questions and adress hot topics,” said Weaver. Check out this one on the Roth Option.

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