President Biden cancelled an Executive Order on "race and sex stereotyping" with a new one to advance "equity across the federal government.". The index was designed by Standard & Poors Corporation (S&P) to provide a representative measure of U.S. stock markets performance. Here are the rankings from highest to lowest average federal pay by racial category: As is usually the case, the average salary in the Washington, DC area is one of the highest averages for federal pay averages in the nation at $130,802. Neither TSPDataCenter.com nor any of its partners or representatives is in any way affiliated with the United States Government, the Federal Retirement Thrift Investment Board or the Thrift Savings Plan, and that the service being offered is not sanctioned by the United States Government, the Federal Retirement Thrift Investment Board or the Thrift Savings Plan. 2023 Starts With Strong TSP Performance: One Fund Up 8.25% So Far The number of TSP millionaires continues to drop in the midst of the highest inflation rates in 40 years. free TSP Fund price and performance updates via email. The U.S. government is the largest employer in the United States. For example, for the TSP C Fund, we extended the available price history with the S&P 500 Total Return index. How will the war in Ukraine end? New crop UK feed wheat futures (Nov-23) averaged 233.34/t in February, up 14.6% on the year from last year's new crop futures, when the Nov-22 contract averaged 203.59/t in February. Popular examples include Vanguard's Total Bond Market Index Fund (VBMFX), Vanguard Total Bond Market ETF (BND), and iShares Core U.S. The presentation focused more on the global economy and growth rates. Thrift Savings Plan Pro - ApkDownMod As the underlying philosophy of the Biden executive orders on race is to achieve equity (apparently this is equated with equal results for all groups rather than equal opportunity for achievement), the administration will presumably see the averages as evidence of a successful start in applying his executive orders on these issues to the federal governments workforce. 2023 FedSmith Inc. All rights reserved. March 2, 2023. This will let you see the candle sticks better sometimes. If you want to move funds from a 401(k), 457(b), 403(b), or TSP account to a gold IRA, the process is called a gold IRA rollover. All of the data are from OPM. Sign up for free TSP Fund price and performance updates via email. 2023 Ralph R. Smith. The TSP F Fund is a U.S. bond index fund. L 2040 Fund. Daily Change: Details: L Income L 2025 L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 G Fund F Fund . The racial group with the highest average salary increase is for Black federal employees with an average salary increase of 12.77%. No, these emails were discontinued when the application was shut down on December 31, 2020. 2023 FedSmith Inc. All rights reserved. A primary focus of the Biden administration is on racism. The first TSP fund became available to investors in April 1987, and others followed in 1988 and 2001. Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs? TSP Website: Status on Improving Performance and Investor Satisfaction, US Marshals Hit With Major Ransomware Attack, Compromising Employee Info, Dismal 2022 TSP Performance: One Fund Down 26% for the Year, 2023 Starts With Strong TSP Performance: One Fund Up 8.25% So Far. 2023 Kia Telluride Earns Iihs Top Safety Pick+ Award That is higher than what economists had anticipated. After the announcement, the Dow Jones Industrial Average jumped into a new bull market. One TSP Fund is now down more than 30% in 2022. In other words, inflation is still with us, the Federal Reserve is likely to continue its policy on rate increases, and this may have an impact on stock prices. While TSP investors were probably hoping for a rebound, that did not occur. State Street sees the United States and Europe to be in a Growth Recession with more downside risks. The show is a companion to written the TSP Weekly Update blog posts belowbut with added tidbits that are easier to communicate in audio/video. The worst drawdown since inception so far is -18.0%: There are many other mutual funds and ETFs tracking the same index used by the F Fund (the Bloomberg U.S. TSP performance through the end of October 2022, the year to date and the past 12 months is listed below. The I Fund is in second place with a return of 5.36% and the C Fund shows a return of 3.68%. Improvements to overall operational processes have also been made, with a focus on reducing customer cases. $0.010/$1,000 account balance 0.001% (0.1 basis points). may not be reproduced without express written consent from Ralph R. Smith. Cases are being resolved more quickly. L 2030 Fund. Latest Monthly TSP Performance | TSPDataCenter.com For November though, the S Fund gained 3.59%. He has written extensively on a full range of human resources topics in books and newsletters and is a co-founder of two companies and several newsletters onfederal human resources. maximizing returns on the Thrift Savings Plan are more important than . Well help you understand each fundtheir risks, rewards, and performance. The much better news is that stocks have always gone back up without regard to hopes and expectations as to when that will occur. By law, the C Fund must be invested in a portfolio designed to replicate the performance of an index of stocks representing the U.S. stock markets. That perspective will be of interest to TSP investors, especially as the company manages billions of dollars on behalf of the TSP. Historical TSP Fund Performance - TSP Smart GAO has agreed to investigate the recent problems that have plagued the TSP since the launch of the new website and features in June. Accenture stated that the industry standard of participant satisfaction is 80%. The chart below shows the returns of the C Fund over the last 34 years as well as the average annual return of around 12%. Over 18 years, our service continues to lead all other TSP advisory services. My Account, Plan Participation, Investment Funds, Planning and Tools, Life Events and . The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve. This action will also remove this member from your connections and send a report to the site admin. So, the good news is that it could have been worse (and has been worse in earlier decades). Posted 11:38:12 AM. An initial investment of $1,000 in 1990 would be worth $16,355 today [1]. The biggest monthly decrease was in the L 2055, 2060 and 2065 funds which ended at -7.25% in June. Follow Ralph on Twitter: @RalphSmith47. 90% of all interactions are now being handled through these channels. (Non-Starters For A Claiming Price Of $40,000 Or . The TSP performance in October 2022 was up significantly with returns for some TSP funds above 8%. Here is an update on 2022 TSP fund performance and how TSP website problems have been rectified. TSP Portfolio Tracker | TSPDataCenter.com Some of these areas as behind-the-scene actions that are critical to the performance of a website but may not be visible to participants unless there is a failure. A topic that has captured considerable interest among FedSmith readers in the past few months among Thrift Savings Plan (TSP) investors is the status and performance of the new TSP website. In TSP Talk you will get information on each of the TSP funds including market analysis, TSP fund returns, and recommended TSP fund allocations. Total expense ratio A new rule from the Department of Labor requires considering climate change when investing retirement assets. In this column, I will be reviewing the basics of this plan, its recent It is a defined contribution plan, similar to 401 (k) style retirement savings plans in the private sector. For example, we extended the TSP C Fund with the S&P 500 Total Return index. It invests about 30 percent in . Who are you going to believe, the experts or your own eyes?, writes The Epoch Times. 04/30/21: Prior Prices : Fund: G Fund: F Fund: C Fund: S Fund: I Fund: Price : 16.5744 20.655: 62.5284: 83.3603: 37.769 . An official website of the United States government. The G Fund was the exception with a positive return of 0.13%. This list is from a chart presented at the FRTIB monthly meeting. It is designed to track the Nasdaq ETF stock market index. She noted a disinflationary episode is now unfolding and that the mad dash to rebuild inventories in companies is now over. As TSP investors who pay attention are aware, stocks have already fallen dramatically. Drawdown: the peak-to-trough decline in investment or portfolio value, measured as a percentage between the peak and the trough. We recommend that you use these charts for quick reference. Aggregate Index contains over 10,000 bonds. In answering these questions for Accenture, the representative noted that many of the problems occurred as a result of issues that were more complex than more normal procedures. 10 Best Gold IRA Companies: Top Precious Metal IRA Accounts for Gold Thrift Savings Plan - TSP Federal Pay Increases By Race: White Employees Lowest And Shrinking Its yield to maturity hovers around 3.9%, and the average coupon is 2.6%. TuSimple Holdings Inc. (NASDAQ:TSP) Shares Sold by Point72 Asset TSP Talk AutoTracker So far this year, the C . That was still better than the S Fund at that time (down 29.85%) and the I Fund (down 27.25%). We will only use your information to . . It is human nature to look to more recent events and react to that recent information. Federal Agencies Have 30 Days To Eliminate TikTok From Government