Retirement funds start 2013 strong

McIek/Shutterstock.com

So far 2013 has been a good year for the Thrift Savings Plan’s investment funds, with all but one posting positive returns for January.

The S Fund led the pack, increasing 6.96 percent for the month. The fund – which is invested in small and midsize companies and tracks the Dow Jones Wilshire 4500 Index – also had the highest gains for the past 12 months, at 17.87 percent.

The common stocks (C) fund wasn’t far behind, earning 5.18 percent in January and 16.83 percent for the previous 12 months. International stocks put in a strong performance, too, growing 4.45 percent last month and 17.6 percent over 12 months.

Government securities in the G Fund had much more modest gains, at just 0.13 percent in January and 1.46 percent for the past 12 months. TSP officials have assured investors that money in the G Fund is safe despite a temporary suspension of re-investments into the fund as part of Treasury efforts to avoid a default on U.S. debt.

The fixed income (F) fund was the sole loser last month, dropping 0.56 percent. It was still up 2.8 percent for the previous 12 months.

The lifecycle funds, designed to move investors to less risky portfolios as they near retirement, were all in the black for January. L Income – for TSP participants who have already started withdrawing money – earned 1.1 percent; L 2020 increased 2.83 percent; L 2030 was up 3.56 percent; L 2040 grew 4.11 percent; and L 2050 came in at 4.63 percent.

Lifecycle investments also did well for the past 12 months, with L Income gaining 4.7 percent, L 2020 up 10.21 percent, L 2030 increasing 12.39 percent, L 2040 bringing in 14.01 percent and L 2050 at 15.59 percent.

(Image via McIek/Shutterstock.com)

Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Sponsored by G Suite

    Cross-Agency Teamwork, Anytime and Anywhere

    Dan McCrae, director of IT service delivery division, National Oceanic and Atmospheric Administration (NOAA)

    Download
  • Data-Centric Security vs. Database-Level Security

    Database-level encryption had its origins in the 1990s and early 2000s in response to very basic risks which largely revolved around the theft of servers, backup tapes and other physical-layer assets. As noted in Verizon’s 2014, Data Breach Investigations Report (DBIR)1, threats today are far more advanced and dangerous.

    Download
  • Federal IT Applications: Assessing Government's Core Drivers

    In order to better understand the current state of external and internal-facing agency workplace applications, Government Business Council (GBC) and Riverbed undertook an in-depth research study of federal employees. Overall, survey findings indicate that federal IT applications still face a gamut of challenges with regard to quality, reliability, and performance management.

    Download
  • PIV- I And Multifactor Authentication: The Best Defense for Federal Government Contractors

    This white paper explores NIST SP 800-171 and why compliance is critical to federal government contractors, especially those that work with the Department of Defense, as well as how leveraging PIV-I credentialing with multifactor authentication can be used as a defense against cyberattacks

    Download
  • Toward A More Innovative Government

    This research study aims to understand how state and local leaders regard their agency’s innovation efforts and what they are doing to overcome the challenges they face in successfully implementing these efforts.

    Download
  • From Volume to Value: UK’s NHS Digital Provides U.S. Healthcare Agencies A Roadmap For Value-Based Payment Models

    The U.S. healthcare industry is rapidly moving away from traditional fee-for-service models and towards value-based purchasing that reimburses physicians for quality of care in place of frequency of care.

    Download
  • GBC Flash Poll: Is Your Agency Safe?

    Federal leaders weigh in on the state of information security

    Download

When you download a report, your information may be shared with the underwriters of that document.