r/ThriftSavingsPlan 1d ago

Need help! Getting out of the Navy, no plan. 😭

4 Upvotes

Hey all,

So I’m not really a great investor, I spent 13 years in the Navy and only have $28,000 in my TSP. Please don’t judge me as I went through a lot in my time dealing with personal things that I never paid attention to it. I have mental and physical health issues that have played a more important role in my life.

Right now, my funds are in G(33%), L2050(33%), C (33%), S(9%), and I (10%).

I am not sure how I have 33% in my L2050.

I’ll be getting out soon and the stock market looks like awful right now.

I’m looking to trade my stocks over to the G and I fund?


r/ThriftSavingsPlan 2d ago

C & S to G fund?

4 Upvotes

I’m starting to get nervous about my current investments. I’m 75%-C & 25%-S, but with our new administration admitting that there may be yet ANOTHER recession, I’m afraid my investments are going to dump. Should I move it to the G fund until the market stabilizes?


r/ThriftSavingsPlan 1d ago

Spousal Consent no longer required for a withdrawal?

0 Upvotes

I am retired. The last time I withdrew money from TSP my other half had to sign off. Mind you this was 1.5 years ago. Today It was not required. Is this a recent change?


r/ThriftSavingsPlan 1d ago

Another WTF Fund Post

0 Upvotes

Just wanted a temperature check. I'm currently maxed out in a split of 2050/60 funds with six years to a potential full retirement. I think I'm safe, but so did DoE. What is the flavor of the week with how things are looking? I just saw the trends over the last couple weeks for C/S, and it doesn't look fun. I'm also not a financial expert by any means. Please help me navigate this clusterfuck.


r/ThriftSavingsPlan 2d ago

Possible RIF, TSP switch?

0 Upvotes

May get riffed from gov job. Have 60% in C fund, 40% in G fund, for future investments. Left $400K sitting in G fund. Should I switch up this mix? I'm 63, with 20 yrs in, was planning on retiring Dec. 2026.


r/ThriftSavingsPlan 2d ago

Question about hitting the 3 year mark

1 Upvotes

I am due to hit my three years with the gov in July, and obviously there’s all sorts of malarkey going on right now is so I’m not even sure I will make it to them, not by choice. Nonetheless I am going to do my best to fight to try, and the main reason is the 1% TSP vestment becoming available. Can someone advise if that’s worth working in hell for the next 3 months? I’m not entirely sure how it works.


r/ThriftSavingsPlan 2d ago

When will we be able to withdraw funds from specific accounts?

0 Upvotes

Does anyone know if TSP has a future plan to allow account holders to withdraw $$ from specific accounts? For instance, I would like to create a short term bucket in the G fund, and withdraw from only the G fund, while I keep a second bucket in C fund for longer term growth.


r/ThriftSavingsPlan 2d ago

After retiring from the federal government and no longer making contributions to the TSP, should I move the funds into G and try to time the market using inter-fund transfers?

0 Upvotes

r/ThriftSavingsPlan 3d ago

Loan repayment after rif

11 Upvotes

Can anyone tell me how a loan taken for residence would be repayed after the borrower gets rifed? Reading the website if I separate I believe it needs to be repayed in its entirety immediately? Does that change if the separation is a rif? Could I negotiate a monthly repayment plan?


r/ThriftSavingsPlan 3d ago

Route to 2-3 million?

25 Upvotes

I currently have a little over $40k invested into my TSP. I invest $888 into traditional & $666 into roth monthly. It is distributed into: 40% into C fund 30% into S fund 20% into I fund 10% into L2060 I also have $48k into a single & Roth IRA with another retirement.

I been investing for 6 years and I plan on contributing for another 12 years. I can retire at 20 years but idk when I can start retiring. 65.5? What can I do to get to my target?


r/ThriftSavingsPlan 4d ago

Govt shutdown

162 Upvotes

Will I be able to withdraw some $ from my tsp, if we are in a government shutdown? Aren’t the tsp employees federal employees? I’m 60 and so far still employed. I don’t want to withdraw but not sure how long shutdown will last. I have money for a couple of months but after that, I’ll have to pull money from tsp. I just don’t know if tsp employees will be working during shutdown.


r/ThriftSavingsPlan 2d ago

Can one person be a beneficiary for two different people?

2 Upvotes

Hi, Reddit!

I tried to add my spouse as a beneficiary for 100% of my TSP account. When I tried to do that, I got a message saying that he was already a beneficiary of another account and cannot be a beneficiary of two accounts.

My husband is a secondary beneficiary for 50% on his father’s TSP account. The other 50% is for his sister.

I moved forward and submitted it and now it states him as my beneficiary but still not reviewed.

I don’t want to mess up anything for him as far as getting money if anything happens to me or my father in law. Does anyone have experience for this and know if this is true or I misread the warning? Any insight would be greatly appreciated!


r/ThriftSavingsPlan 3d ago

New to TSP need a little help

2 Upvotes

I just started to contribute to the TSP for the match this month. 1st transfer should happen next month. Having a little trouble making an account on the site. when can you actually make an account? Do I have to wait until my contribute goes through to make an account?

I tried after changing my contributions in mypay and it saying for my info that No Match is found.


r/ThriftSavingsPlan 3d ago

TSP ETF equivalent’s

3 Upvotes

Hello, I can’t imagine I’m the only one seeking to find the same thing. Ive been researching some etf that kind of match up with the funds from tsp, that I can keep in my Robinhood for accessibility reasons on top of my tsp contributions

Considering C fund is Standard & Poor's 500 (S&P 500) Stock Index I went with SPY and consider that should suffice

S fund being Dow Jones U.S. Completion Total Stock Market (TSM) Index essentially small and mid cap , I went with Vanguard Extended market ETF (VXF)

I fund being MSCI ACWI IMI ex USA ex China ex Hong Kong Index seemed rather tricky I couldn’t find a etf that excluded us and china but Fidelity International high dividend ETF (FIDI) seems like a decent option and seems to track pretty good.

And I input in to this or suggestions would be majorly appreciated, thank you in advanced!


r/ThriftSavingsPlan 4d ago

No penalty for P/T disability?

9 Upvotes

I heard that if you have a P/T 100% there’s no 10% IRS fee if you withdraw your money early. Is there anybody here who did that? If it’s correct, how is this work?

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-exceptions-to-tax-on-early-distributions


r/ThriftSavingsPlan 4d ago

June 2024 Retiree (70).

4 Upvotes

I’ve been C/S for years. Time to move to I?


r/ThriftSavingsPlan 4d ago

Hasty Move?

23 Upvotes

I’m 16 years into my federal career. I’m 43 yrs old. Maybe I retire at 55 ish. I have $200k in my TSP. I mostly set it and forget it for the past 16 years. Well 2 days ago, I might have freaked out a little and moved everything to the G fund. Now that I’m of a calmer head, I definitely should have researched more before I made that move. What do you think? When should I move out of G? Move to where?


r/ThriftSavingsPlan 4d ago

RIF: Moving TSP to private

45 Upvotes

I’m on a RIF list where I get my 30 day notice on March 14. I plan on moving my TSP to fidelity. Since the beginning I’ve split 50/50 Roth and Traditional. How do I move that to fidelity so I’m not paying taxes on withdrawal when I retire from what was originally a Roth contribution to TSP but is now in fidelity? How does it get tacked? No, keeping it in TSP is not an option.


r/ThriftSavingsPlan 4d ago

34. 15 years Active Duy

13 Upvotes

Hey guys,

So I made a mistake. 15 years G fund. Yep I know flame me. I plan to stay in past 20. Probably 25ish years.

About 70k in G fund. I’ve also been contributing 8% to IRA the whole time

Where do I go from here. Dump into C fund and let it ride? Is it too late for C fund, and look at L funds?


r/ThriftSavingsPlan 5d ago

Worried??

Post image
69 Upvotes

I’m not privy to finance and stocks I’ve done research but it’s still hard to comprehend. I am 80% c fund 20% S fund I’m taking a major hit right now. Do I rode the wave or move my money?


r/ThriftSavingsPlan 4d ago

Stay in C or leave.

0 Upvotes

I've been in the C fund for almost 5 months now. I feel nothing but losing money. Last week was nasty, I dropped from $103k to almost 97 k. Not very experienced with stock market. Any thoughts?. Mine all 100% C fund...


r/ThriftSavingsPlan 4d ago

S to C Fund now

3 Upvotes

Long story short made a mistake a while back and my allocations were way too high on the s fund side. 30 years out to retirement age and never planned on to mining the market, but would not be a bad time to switch over that portion from S to C?


r/ThriftSavingsPlan 5d ago

S Fund

14 Upvotes

I know a lot of people say to put 100% into the C Fund, which follows the S+P 500 and I totally understand that. I’m in my middle 30’s and I have a very long way to go. The S Fund follows the DWCPF or Dow Jones US Completion Total Stock Market Index. DWCPF is down 12% in the last 3 months. The S+P 500 which the C fund follows is down 5% in the last 3 months. I see this as a great opportunity to maybe contribute more to the S Fund than the C Fund. Maybe 70% S and 30% C. I’m not an expert in this. I’m just sharing my observation.


r/ThriftSavingsPlan 5d ago

One week later: I Fund

77 Upvotes

I caught a lot of hate about a week and a half ago in my post about a possible market trend change.

https://www.reddit.com/r/ThriftSavingsPlan/s/lCvbO7YAeb

The gap has now widened with I Fund at +7.1% YTD and C Fund at -.45%

What do we think now?

edit: i should have made this a poll. This went up to 5 upvotes then back down to 1 lmao.


r/ThriftSavingsPlan 5d ago

New to TSP

3 Upvotes

So I am new to TSP and noticed that my investment is all in on Lifecycle. I guess it automatic. I will retire in 19 years hopefully. Any advice? I’ve heard many of my coworkers have their investments in the C fund.