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Old 09-09-2019, 04:20 PM   #1
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Default TSP: Love it or leave it, big changes coming next week

The Federal Thrift Savings Plan, Uncle’s Sam’s in-house 401k, is arguably the best retirement savings-income deal around — period.

There are 5.7 million active and retired participants. They range from current and former U.S. senators to CIA spooks, park rangers, your letter carrier, FBI and Drug Enforcement Administration agents, the folks at the Social Security office and astronauts. While mostly in the modest pay ranges, many have become millionaires the old-fashioned way: Investing for decades through good and especially bad times in the stock indexed C, S and I funds offered to investors, along with a super-safe treasury securities fund not available to the general public, a bond fund, and a series of self-adjusting target date funds that will soon be expanding.

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