TSP Has a Bleak December

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All but one of the funds in the Thrift Savings Plan ended 2015 in the red, according to the latest numbers from the Federal Retirement Thrift Investment Board.

The steady G Fund, invested in government securities, increased 0.18 percent in December, while all the other TSP offerings decreased last month. The S Fund, invested in small and midsize companies, took the biggest tumble, falling 3.91 percent in December. International stocks dropped 2.03 percent, while the C Fund (common stocks) declined 1.57 percent. Fixed income bonds (F Fund) fell 0.30 percent.

TSP returns for the year to date in December were a mixed bag: The G, F, and C funds all grew slightly – 2.04 percent, 0.91 percent, and 1.46 percent, respectively. The S and I funds both decreased in 2015 -- 2.92 percent and 0.51 percent, respectively.

The lifecycle offerings – which move investors to less risky portfolios as they near retirement – all posted negative returns in December. L Income, for people who have already started withdrawing money, was down 0.28 percent; L 2020 decreased 0.92 percent; L 2030 fell 1.32 percent; L 2040, 1.61 percent; and L 2050, 1.85 percent.

The L Fund returns for 2015 were all in the black. L Income was up by 1.85 percent; L 2020, 1.35 percent; L 2030, 1.04 percent; L 2040, 0.73 percent; and L 2050, 0.45 percent. 

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