Valkyrie's Account Talk

[tsptalk]

@Grok

The Thrift Savings Plan (TSP) is administered by the Federal Retirement Thrift Investment Board (FRTIB), an independent U.S. government agency that oversees the plan and manages its investments in the interest of participants and beneficiaries. The FRTIB contracts with external asset managers to handle the day-to-day investment operations of the TSP's individual funds (such as the C, F, I, and S Funds). These managers are BlackRock Institutional Trust Company and State Street Global Advisors, with the dual-manager structure providing redundancy and backup capabilities. The G Fund, a government securities fund unique to the TSP, is managed directly by the U.S. Treasury.