This article Get the latest TSP fund prices and performance, delivered straight to your inbox. Subscribe to our free email list to get our news updates in your inbox. For this column, FedSmith went back over a five-year period looking at the average federal employee pay in different categories. March 2020, the C Fund went down 12.40% in the month, 2022 in Review: 2023 Federal Pay Raise, Federal Employee Vaccine Mandate and More, Dr. Anthony Fauci Retiring With Large Annuity, Still Facing Criticism Over Performance at NIAID, Number of TSP Millionaires Going Down: 36% Drop From Highest Point, 10 Easy Ways to Ruin a Federal Retirement. The majority of interest from our users has been with respect to the TSP rate data (daily, monthly and annual) we provide on the site as well as our weekly TSP returns email list, so we decided we can best serve our users by focusing our efforts on these services instead. This will let you see the candle sticks better sometimes. An initial investment of $1,000 on 8/31/1990 would today be worth $5,192: The chart below shows the historical drawdowns for the TSP F Fund. A new rule from the Department of Labor requires considering climate change when investing retirement assets. The first TSP fund became available to investors in April 1987, and others followed in 1988 and 2001. You can join other TSP participants on our popular TSP . The federal government's Thrift Savings Plan is a federally defined contribution retirement account similar to a civilian 401(k). A growth recession describesan economy that is growing at such a slow pace that more jobs are being lost than are being added. It is recommended that you view this page on a desktop device. After the announcement, the Dow Jones Industrial Average jumped into a new bull market. The same was done for all other TSP funds and their underlying index. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Aggregate Bond Index, a broad index representing the U.S. bond market. When you visit the TSP website, we may place pieces of code, commonly referred to as "cookies," or similar technology on your device. It was established by Congress in the Federal Employees' Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans. *Note: TSP share prices are updated by approximately 8 pm EST each evening; however, heavy trading days or technical issues sometimes delay the posting of share prices until later . As 2022 progressed, the total TSP fund returns have ended up in negative territory for all of the TSP stock funds. A retirement portfolio that contains an allocation to bond funds like the TSP F Fund, in addition to stock funds like the TSP C, I, and S funds, will typically be less volatile than one that contains only stock funds. More TSP fund performance data are available at TSPDataCenter.com. As of 3/3/2023, the fund has a compound annual growth rate of 5.2%, annualized standard deviation of 4.0%, and Sharpe Ratio of 0.25. An investor following the TSP Folio strategy typically enters the rebalancing orders on the last business day of the month, after the market close, or on the next business day. QQQ includes shares from the top Nasdaq companies. And, of course, politics may play a role in the headlines we see. In 2008, here were the yearly returns for the TSPs stock funds and how these same funds performed in 2009 after the debacle of 2008: There have always been ups and downs in the stock market. From the end of September 2018 through the end of September 2022, all of the categories in the chart had an increase in average federal pay. For decades, the drawdowns were in the 4-6% range, but during the high inflation and rising interest rate environment of 2022 that changed dramatically! Some TSP investors have done much better as they have continuously invested over time and a higher percentage of their investments were added after 2008. Improvements to overall operational processes have also been made, with a focus on reducing customer cases. Due to rounding, numbers may not add up to exactly 100%. January February March April May June July August September October November December 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 . Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs? Based on the latest data, participant satisfaction is still below the goal of 90%. With the exception of the G Fund, all of the TSP Funds had a negative return in February. Subscribe to our free email list to get our news updates in your inbox. State Street Global Advisors: View of the Market. In January 2022, the C Fund lost 5.18%, the S Fund was down 10.07% and the I Fund was down 3.96%. We will only use your information to . Prior to the introduction of the new website, there were about 4.1 million online accounts. Hispanic federal employees were a very close second with a salary increase of 12.65%. January 2022 was not as bad as March 2020. Through the TSP Mobile app, you'll be able to access your TSP account on your deviceanytime, anywhere. Koyfin.com is kind enough to let us embed live charts directly on our page (other chart websites do not allow this). L 2030 Fund. Here is an update on 2022 TSP fund performance and how TSP website problems have been rectified. The prices of bonds and stocks don't always move in tandem. The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve. This action will also remove this member from your connections and send a report to the site admin. By the end of the year, the C Fund was down -18.13%, the S Fund was down -26.26%, and the I Fund ended down -13.94%. Here is a summary of improvements that are on-going and planned for the near future. The U.S. government is the largest employer in the United States. An analysis of recent data suggests the Biden administrations focus on racial equity may be working to reduce federal pay raises for White employees. If you want to do more thorough analysis, then go to Koyfin.com and set up a free user account to customize your charts to your hearts content. As the underlying philosophy of the Biden executive orders on race is to achieve equity (apparently this is equated with equal results for all groups rather than equal opportunity for achievement), the administration will presumably see the averages as evidence of a successful start in applying his executive orders on these issues to the federal governments workforce. The statistics for the call center have improved. The C Fund's November performance was up 5.58%the 2nd best performance among the TSP core funds in November. To allow for a longer performance comparison, we extended the available TSP fund price history for the C, G, F, I, and S funds with their underlying index data. The reality is that inflation is still a problem. Strategy performance is tracked and verified by, The benchmark portfolio is an allocation to 40% stocks and 60% bonds, invested in TSP funds as follows: 20% C Fund, 20% I Fund, and 60% F Fund. 2023 Ralph R. Smith. This column does not address that issue. We recommend that you use these charts for quick reference. The smallest decline was in the L Income fund, which was -1.60% last month. Ralph Smith has several decades of experience working with federal human resources issues. With the Biden administration striving to put the topic of racial equity in the forefront of government policy on a wide variety of topics, what are the differences in average federal pay by racial groups over a period of years? Performance expectations were met in four of the last six months. No doubt, for those TSP investors that use the website and the TSP call center regularly, they are hoping some of these lingering problems have been resolved or will be in the near future. Fund Last % YTD; G Fund: $17.3454 +0.01% +0.64%: F Fund . The latest TSP share price data is provided to you everyday! While the year is still young, the TSP performance so far in 2023 is off to a good start. The F Fund provides broad exposure to U.S. investment grade bonds. TSP Thrift Savings Plan Talk - TSP Talk provides TSP fund allocation information and help for government employees and military personnel participating in the TSP (Thrift Savings Plan) program. Overall Returns (2005-2022): Our TSP Allocation Service is averaging a profit of +12.73% per year. Here is a summary of the number of interactions with the various channels: A large number of loans and withdrawal requests have been received and processed. Over the past two years, we have read inflation is transitory, declining, improving, cooling, easing, abating, and actually slowing down. Its yield to maturity hovers around 3.9%, and the average coupon is 2.6%. The F Fund was the only TSP portfolio in the red in 2021, declining 1.46%. TSP Share Prices . The highest average federal employee salary for a racial group as of September 2022 was $113,410. free TSP Fund price and performance updates via email. He has written extensively on a full range of human resources topics in books and newsletters and is a co-founder of two companies and several newsletters onfederal human resources. Aggregate Index contains over 10,000 bonds. The C Fund holds all the stocks included in the S&P 500 Index in virtually the same weights that they have in the index. The F Fund provides broad exposure to U.S. investment grade bonds. The C Fund's investment objective is to match the performance of the Standard and Poor's 500 (S&P 500) Index, a broad market index made up of stocks of 500 large to medium-sized U.S. companies. Explore the new TSP experience redesigned to help you manage your retirement savings with new features and tools, flexible access to My Account, additional options for support from TSP representatives, and more transactions you can complete smoothly and securely online. As of this writing, the Bloomberg U.S. may not be reproduced without express written consent from Ralph R. Smith. TSP Performance Up in 2023 After Dismal 2022 Returns. Contains spam, fake content or potential malware. . This increase puts the Dow index back into a bull marketan increase of 20% or more from a recent low. When comparing portfolios, a high Sharpe Ratio is preferable. The Thrift Savings Plan ("TSP") is a retirement saving and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve. The site is secure. It has no impact on or affiliation with your actual/official TSP account operated by the federal government. Investors will ignore the sunny prognostications of political leaders seeking approval and wanting to stay in office. Published: January 25, 2023. Here is a comparison of the TSP core fund returns for the end of September compares to the end of November. The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal employees and members of the military. Your actual/official TSP account is accessible at the Thrift Savings Plan website. In November, the I Fund had a gain of 13.72%the best return by far of any other TSP Fund for the month. All rights reserved. Inflation is a political football. The S Fund still has the most dismal performance among the core funds for the year as it is down -20.63%. $0.010/$1,000 account balance 0.001% (0.1 basis points). Search 31 Tsp jobs now available on Indeed.com, the world's largest job site. Since then, a number of improvements have been made as problems were identified and attempts have been made to resolve the problems. (Non-Starters For A Claiming Price Of $40,000 Or . March 2, 2023. With that in mind, we are unable to provide support with respect to issues with the charts below. The companies in the index represent 123 industries classified into the 11 major sector groups shown in the chart. For this chart, I have used the end of September for each years data. That is higher than what economists had anticipated. Follow Ralph on Twitter: @RalphSmith47. Job Id: 22600002Business OverviewAmericas Trade Services is a key unit within the Global TradeSee this and similar jobs on LinkedIn. This list is from a chart presented at the FRTIB monthly meeting. The average return for the buy-and-hold strategy is +6.45% per year. Note that the benchmark drawdowns (-23.2%) are significantly worse than the strategy drawdowns (-10.2%). We chose this benchmark portfolio because the historical. The Office of Personnel Management (OPM) keeps official statistics on this issue. And yet we turn around and observe actually that everything has gone up widely in price. Who are you going to believe, the experts or your own eyes?, writes The Epoch Times. The IIHS reports the biggest change to the criteria for both TSP and TSP+ awards is the replacement of the original IIHS side crash test with the updated evaluation launched in 2021, which . Summary: The TSP L 2030 Fund is a "fund of funds" invested in the TSP G, F, C, S, and I Funds. For November though, the S Fund gained 3.59%. Here is the breakdown of the satisfaction level in different areas for January: According to the Accenture briefing, service levels for a number of areas have been met each month since the new website was launched in June. The exceptions are the G Fund with a 12-month return of 3.33%, and the L Income Fund with a 12-month return of 0.74%. Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs?