Federal Managers Association
In the News
- AS TSP MODERNIZATION MOVES THROUGH CONGRESS, TSP RETURNS FLAT IN AUGUST - September 5, 2017
TSP Returns Flat in August
By Erich Wagner, Government Executive
All but two portfolios in the federal employee 401(k)-style retirement program saw downturns in growth in August, and two others dipped into the red.
The Thrift Savings Plan’s S Fund, made up of small to midsize businesses dropped 0.41 percent last month, bringing its 2017 growth down to 8.16 percent. And the international stocks in the I Fund decreased in value by 0.03 percent, for a year-to-date growth of 17.35 percent.
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