Sun. Jun 16th, 2024

TSP Portfolios Faltered Again in August

September 1, 2022
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Nearly all of the funds in the federal government’s 401(k)-style retirement savings plan returned to negative territory last month.

After briefly swinging back into the black in July, nearly every portfolio in the federal government’s 401(k)-style retirement savings program posted negative returns again in August.

The government securities of the G Fund were the only Thrift Savings Plan investments to gain ground last month, increasing by their statutorily mandated rate of 0.25%.

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