New Managment Company for TSP

By May 24, 2018TSP

The Thrift Savings Plan announced this week that it had awarded a new contract for management of the TSP’s F Fund, a portfolio designed for people on a fixed income. The fund again will be managed by Blackrock Institutional Trust Company, N.A., the firm that already handles both it and every other TSP portfolio.

In a statement, TSP officials said the contract is initially for one year, and the agency has the option to renew for four subsequent years. As of last month, the F Fund held $27.4 billion in assets, including a variety of public and private sectors of the U.S. bond market.

Is it your turn to look at other alternatives of managing your Thrift Savings Plan? Ask us how you can get the best use of your one time in service withdrawal while still working.

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