2013/05/312013/05/30 Yet another TSP G Fund Raid, other TSP News The Treasury Secretary announced (again) that the US Government will be raiding the TSP G Fund to avoid/prolong hitting the next Debt Ceiling threshold. While pretty much everything I have to say about the TSP raids has already been said here, I find it morbidly amusing that the Treasury Department now considers what were once ‘extraordinary’ borrowing measures to be ‘the standard set of extraordinary measures’. In other TSP news: FERS Participation rate in the TSP is now over 87%. Average account balances are over $95,000. Roth accounts continue to grow in popularity- There have been 20,000 Roth accounts added per month since November 2012. There are now almost 170,000 Roth TSP accounts. TSP investors are ‘hopping on the bandwagon’ and shifting investments away from the G Fund and into C/S/L Funds. Subscribe to GubMints: via RSS: via Email: Related FERS Retirement Retirement Thrift Savings Plan Thrift Savings Plan