TSP: Advantages & Disadvantages | |
Advantages | Disadvantages |
Required by law to act solely for the benefit of participants and beneficiaries. | Not a Fiduciary |
Very low expenses | No one person (“financial advisor”) knows & understands your specific facts, priorities & values. |
Independent federal agency: Board appointed by President | So no personalized advice is available about your specific total situation. |
G fund required by law not to lose money | No expert helping to reduce “unforced errors” (or give a second opinion about your own judgment.) |
Index investment choices – C S and I funds | Anonymous – not personalized - service from service “pool.” |
Does not market time | 800 number – paper correspondence – fax -- email etc. |
Does not try to “pick winners & losers.” | Low flexibility |
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TSP: Advantages & Disadvantages
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October 30, 2016
Retirement Investing