swsop
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After a dismal performance in May, the Thrift Savings Plan had modest positive returns in June.
The TSP, a $180 billion 401(k)-style retirement savings plan for federal employees, earned the most in its S Fund, which is invested in the stocks of small- and mid-sized American companies.
The S Fund's 0.47 percent gain was unexceptional but a big improvement over May, when it dropped 4.36 percent. A 12-month total for the S Fund is now at 14.43 percent.
Full story: http://www.govexec.com/story_page.cfm?articleid=34475&dcn=e_gvet
swsop
The TSP, a $180 billion 401(k)-style retirement savings plan for federal employees, earned the most in its S Fund, which is invested in the stocks of small- and mid-sized American companies.
The S Fund's 0.47 percent gain was unexceptional but a big improvement over May, when it dropped 4.36 percent. A 12-month total for the S Fund is now at 14.43 percent.
Full story: http://www.govexec.com/story_page.cfm?articleid=34475&dcn=e_gvet
swsop
