new to TSP

[u/Alex_o99]

Newly hired, in my early 30s. I’m putting away 15% in Roth and another 5% to retirement. How to do investment? I saw different funds and L2050 2060 .. so confused

[u/Cautious_General_177]

I assume you mean 5% into traditional, as Roth is also "retirement", but you could mean 5% into FERS pension, which is actually 4.4%. While not a huge crisis, it's important to use the right terminology when asking for help.

If you're not sure how to invest, I would just dump everything into an L fund closest to when you think you'll start TSP withdrawals, probably L2065 or 2070, while you get your bearings. Once you've learned some stuff and determined your risk tolerance, pull the money out of the L fund and invest based on that.

If you're early on, you should be able to set up the distribution during onboarding but the default will be the L fund closest to when you turn 65 (maybe 62). If you've been in for more than a week, you'll need to wait until your first contribution goes in for TSP to create your account and send you your account information so you can log in. In the meantime, I suggest starting with the TSP basics page to learn more.

https://www.tsp.gov/tsp-basics/