"...While automatic enrollment for new hires has increased participation in the Thrift Savings Plan over the last few years, a recent report suggests many of them are staying in the super-safe G Fund — instead of reallocating money into other funds.
"I think the big takeaway of what we saw is that the number of people that are the youngest that are invested heavily in the G Fund — the super-safe, never-has-a-bad-day G Fund — is higher than we expected," said Greg Long, executive director of the Federal Retirement Thrift Investment Board in an interview on the Federal Drive with Tom Temin and Emily Kopp.
Unless new hires choose otherwise, their automatic enrollments default into the G Fund..."
