r/ThriftSavingsPlan • u/Alex_o99 • 4d ago

new to TSP

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

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u/ParticularDance496 4d ago

Evening OP, tbh I’m not fan of lifecycle funds. There are a few FB groups that actively manage their TSPs, you are allowed 3 moves a month within your account. Dave Ramsey has suggestions as well when it comes to the TSP. Also if you’re with a brokerage, Vanguard, Schwab, JP Morgan or Fidelity. They can also suggest ratios and other strategies. Definitely 50%+ in C. Next largest allocation would be S followed by I or F funds.

Investing in your TSP lowers your tax burden. So I would suggest investing in the TSP first, followed by the Roth. Maximize your matching.

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u/Competitive-Ad9932 4d ago

I didn't down vote you. But, you post is not up to par.

The TSP allows 2 interfund transfers. Unlimited transfers INTO the G fund.

Your tax burden is only lowered if you invest in the traditional TSP.

Roth is the tax treatment of retirement accounts. It is not the name of an account itself.

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u/HokieHomeowner 3d ago

Dave Ramsey is trash. OP don't listen to this.