Oct 27, 2012

Mutual Fund Option Examined by TSP

"...Just five months after the Thrift Savings Plan's new Roth option launched, the Federal Retirement Thrift Investment Board, which manages the TSP, is mulling whether to add a new offering to federal employees' (401)k-style retirement plan: a mutual fund window.

The board addressed that topic at its monthly meeting Monday, Kim Weaver, the director of external affairs, told In Depth with Francis Rose. However, the board is still studying the issue, Weaver said, and no changes are imminent.

The mutual fund window would allow participants to move investments out of the TSP funds they've invested in and into a private-sector suite of mutual funds..."

Read more at FederalNewsRadio.com

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