Broker Check

TSP: Advantages & Disadvantages

| October 30, 2016
Retirement Investing

TSP: 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