TSP G Fund Made Whole, Roth TSP Update

The Treasury Secretary’s raid on the G Fund driven by the recent debt ceiling issue is officially over, and TSP accounts have been made whole.

In other TSP news:

• The TSP director stated that TSP is bracing for an anticipated increase in TSP loans and early TSP withdrawals as a result of administrative furloughs (sequestration).
• Roth participation is on the rise.  In the latest TSP participant report, Roth accounts are approaching the $1M mark in total assets, with the average Uniformed Services (Military) Roth TSP balance of $889 per member.

I’d hope that Active Duty Roth participation was a bit higher, but note that Roth TSP has only been available for a short while to Active Duty (4th qtr 2012).

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