Ben Raikes, CFP®, EA, of Mason & Associates discusses the investments within the TSP. Specifically, the Lifecycle funds and their pros and cons.
About the Episode:
• TSP has five core investment options.
• New Federal Employees are auto-enrolled into the Lifecycle funds.
• Lifecycle funds automatically decrease in risk over time.
• Lifecycle funds help to "set it and forget it."
• Lifecycle funds may not be ideal for those who desire more control.