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TSP mulls mutual-fund option

The Federal Retirement Thrift Investment Board, which manages the TSP, is mulling whether to add a new option to federal employees' (401)k-style retirement plan: a mutual fund window. The mutual fund window would allow participants to move investments out of the TSP funds they've invested in and into a private-sector suite of mutual funds. However, the board is still studying the issue, Kim Weaver, the director of external affairs for the Federal Retirement Thrift Investment Board, told In Depth with Francis Rose. No changes are imminent.

Tags: pay and benefits , TSP , Roth TSP , mutual funds , Kim Weaver , In Depth , Francis Rose , Jack Moore

Tuesday - 10/23/2012, 08:27pm EDT