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Search Tags: mutual funds
Certifed financial planner Joe Sullender answers questions and emails about how to create a financial plan for your family.
July 29, 2013.
Tags: pay and benefits , financial planning , Joe Sullender , commodities , savings , stocks , bonds , financial risk , risk tolerance , investment advice , retirement , TSP , Wells Fargo , retirement planning , Bob Leins , NITP , For Your Benefit
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.
Tom Trabucco, director of external affairs at the Thrift Investment Board, explains why the board opposes what one congressman is calling a socially responsible fund that he wants added to your Thrift Savings Plan.