Here are the November 2022 monthly TSP returns and how these funds are performing so far this year. 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. At the end of January 2022, I wrote this summary about the TSP fund performance at that time: With the exception of the G Fund, TSP returns were negative for every fund. TSP investor returns for the stock funds are still in negative territory so far in 2022 and for the past 12 months. This action will also remove this member from your connections and send a report to the site admin. Get the latest TSP fund prices and performance, delivered straight to your inbox. A topic that has captured considerable interest among FedSmith readers in the past few months among Thrift Savings Plan (TSP) investors is the status and performance of the new TSP website. The percentage of Whites in the federal workforce is also lower over the last three years (-1.92%) while other racial groups are higher. So, the good news is that it could have been worse (and has been worse in earlier decades). While 2022 was not profitable for investors, it has been worse. In other words, stocks for companies outside of the United States may do better than American companies. Learn more, please visit our Cookie Statement page. The first TSP fund became available to investors in April 1987, and others followed in 1988 and 2001. GAO Agrees to Investigate TSP Website Problems. 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? Neither growmytsp.com nor any of its partners or representatives is in any way affiliated with the United States Government, The Federal Retirement Thrift Investment Board or the Thrift Savings Plan, and any service being offered is not sanctioned by the United States Government, the Federal Retirement Thrift Investment Board or the Thrift Savings Plan. The show is a companion to written the TSP Weekly Update blog posts belowbut with added tidbits that are easier to communicate in audio/video. The Accenture representative noted they anticipate the number will again reach prior level of 4.1 million accounts in June or July 2023. The impact of this 1 day delay is already incorporated into these performance statistics. Published: January 25, 2023. TSP Account Number. The program continues to consistently achieve key contract performance measures. The data show a significant difference between this racial category and others. L 2035 Fund. The performance of the C Fund is evaluated on the basis of how closely its returns match those of the S&P 500 Index. Also send me occasional emails about TSP Folio's approach to investing in the TSP (our newsletter). Focus on active risk management and capital preservation. No. One TSP stock fund was down 26%. The Dow Jones Industrial Average is up more than 20% since September 30th. More than 3.3 million participants have created their new My Account log-in information and 90% of all participant interactions are occurring through digital service channels. This increase puts the Dow index back into a bull marketan increase of 20% or more from a recent low. Drawdown: the peak-to-trough decline in investment or portfolio value, measured as a percentage between the peak and the trough. The S&P 500 Index is an index of 500 large to medium-sized U.S. companies that are traded in the U.S. stock markets. TSP.gov has published monthly fund returns since inception, and daily fund price history since 2003. Due to rounding, numbers may not add up to exactly 100%. The much better news is that stocks have always gone back up without regard to hopes and expectations as to when that will occur. Other areas of successful performance are: Based on comments from TSP investors using the new TSP website, there are other areas that have provided a source of complaints. 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. Critical race theory has been making headlines in passionate school board meetings and in schools. With headlines like Inflation Highest in 40 Years, it does not take a political strategist to see that bad news like this could influence an election. Here is a brief summary of where improvements have been made in recent weeks. Will the labor market stabilize with more people returning to work? When you visit the TSP website, we may place pieces of code, commonly referred to as "cookies," or similar technology on your device. Here are the 2022 TSP returns for all funds in the Thrift Savings Plan for December 2022 and for all of 2022: The thrift savings plan (TSP) is a retirement investment program for federal employees and members of the uniformed services, including the Ready Reserve. QQQ includes shares from the top Nasdaq companies. The G Fund, which is made up of government securities, was the only TSP fund to finish June in the black, gaining 0.29% last month. TSP Portfolio Tracker. Lori Heinel, Global Chief Investment Officer for State Street, provided an impressive overview of the outlook for stocks. The fund uses a "passive management" (indexing) investment approach, designed to match the performance of the Bloomberg U.S. L 2040 Fund. Some funds tracking the Bloomberg Aggregate index sample the index and hold fewer bonds, but all important risk factors and other characteristics should track the index closely. The number of TSP millionaires continues to drop in the midst of the highest inflation rates in 40 years. We chose this benchmark portfolio because the historical. On October 1, 2020, the automatic enrollment percentage was increased to 5% of pay for all Federal Employees Retirement System (FERS), Civil Service Retirement System (CSRS), and Blended Retirement System (BRS) participants who are automatically enrolled in the TSP on or after October 1, 2020. It is worth noting the observations of these experts as their knowledge and analysis may be significant on how stocks perform in coming months. Search 31 Tsp jobs now available on Indeed.com, the world's largest job site. 2023 Ralph R. Smith. Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs? 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! The presentation focused more on the global economy and growth rates. The outlook portrayed by State Street is in favor of value stocks (rather than growth) outside of the United States. For those with more interest in the impact of locality pay on federal pay, this article provides a comparison of average federal salary levels among several locality pay areas. 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. Aggregate Bond Index, a broad index representing the U.S. bond market. Login to the TSP Talk AutoTracker [more info] How to Create an Account : Top YTD Returns: Thru March 3 : talking2jets +14.86% : netforcer +14.78% : djlc86 . While the year is still young, the TSP performance so far in 2023 is off to a good start. Their forecast for growth is that the United States will have a growth rate of 0.4% in 2023 and that the world growth in gross domestic product (GDP) will be 2.3%. may not be reproduced without express written consent from Ralph R. Smith. . As noted in various articles such as this one, TSP investors experienced a wide range of problems and were quite vocal in expressing their displeasure with the experience. By the end of 2022, the total TSP fund returns were negative for all of the TSP stock funds. maximizing returns on the Thrift Savings Plan are more important than . January 2022 was not as bad as March 2020. About this app. Even with two years of significant losses included (starting in 2008 and ending in 2022), TSP investors have done well with these stock funds over a 14-year period. From 2011 to 2017, the TSP C fund outperformed the S fund. After dismal Thrift Savings Plan (TSP) performance in 2022, 2023 started the year off with a bang. Fund Last % YTD; G Fund: $17.3454 +0.01% +0.64%: F Fund . Will this impact TSP investments? It has no impact on or affiliation with your actual/official TSP account operated by the federal government. free TSP Fund price and performance updates via email. It is designed to track the Nasdaq ETF stock market index. It manages a significant percentage of the S, F, and I Funds in the TSP. Forgot your account number or user ID? Daily TSP Performance. In January, overall participant satisfaction was 81.72%. L 2050 Fund. As of this writing, the Bloomberg U.S. The TSP has 6.2 million account holders with a combined value in . If youre covered by theCivil Service Retirement System (CSRS)or are a member of theuniformed services, the TSP supplements CSRS annuity or military retired pay. Currently, there are about 6.2 million TSP account holders. More if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'tspdatacenter_com-box-1','ezslot_3',111,'0','0'])};__ez_fad_position('div-gpt-ad-tspdatacenter_com-box-1-0');report this adTrack the TSP by Email!Our free email list gives you a weekly snapshot of the TSP funds' performance; sent weekly on Saturdays.Email Address * The latest TSP share price data is provided to you everyday! As TSP investors who pay attention are aware, stocks have already fallen dramatically. A good investment strategy aims to minimize drawdowns. Here are the rankings from highest to lowest average federal pay by racial category: As is usually the case, the average salary in the Washington, DC area is one of the highest averages for federal pay averages in the nation at $130,802. The TSP is focused on continuous evaluation and introducing new innovations to improve participant outcomes and the overall participant experience. $0.580/$1,000 account balance 0.058% (5.8 basis points), Investment expense ratio1 tracking system is the IFT allocation reporting system for TSPtalk.com members only and will not impact your actual Thrift Savings Plan account. Subscribe to our free email list to get our news updates in your inbox. 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 . Performance results before this date represent a hypothetical strategy backtest. Well help you understand each fundtheir risks, rewards, and performance. This list is from a chart presented at the FRTIB monthly meeting. 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. In January, inflation increased 0.5%. Subscribe to our free email list to get our news updates in your inbox. More than 12.2 million calls were handled by the ThriftLine center from September January. By comparison, the benchmark portfolio has a CAGR of 6.7%, annualized standard deviation of 6.5%, and Sharpe Ratio of 0.40. To allow for a longer performance comparison and backtest, we extended the available TSP fund price history with the underlying index data. Thrift Savings Plan Talk For Federal Government Employees and Military Personnel. 90% of all interactions are now being handled through these channels. 2023 Ralph R. Smith. Job Id: 22600002Business OverviewAmericas Trade Services is a key unit within the Global TradeSee this and similar jobs on LinkedIn. The site is secure. This column does not address that issue. It is too soon to say that the TSP Funds are in a bull market. The prices of bonds and stocks don't always move in tandem. The C Fund is now down -13.11% for the year. TSP performance in January 2023 flipped from what it was in January 2022. All of the current and historical daily share prices for the Thrift Savings Plan (TSP) are listed below. The C Fund can be useful in a portfolio that also contains stock funds that track other indexes such as the S Fund and the I Fund. Here are some of the highlights of participant transactions: At the end of the year, there are always more queries and interactions with the TSP Call Center. We recommend that you use these charts for quick reference. Will 2023 provide a similar return for investors? The .gov means its official. Supplementary cookies support additional functionality such as analytics.