The TSP Shake-Up: What Every Fed Needs to Know Now
Manage episode 488315651 series 3423864
Your retirement strategy just got a crucial update!
Two top leaders from the Federal Retirement Thrift Investment Board, Jim Kaplan, Director of External Affairs, and Jim Courtney, Director of the Office of Participant Experience—join Francis to break down what's changing, what’s staying, and what it all means for your money.
Listeners will get the inside scoop on the imminent retirement of the L 2025 Fund and the introduction of the L 2075 Fund, aimed at the newest generation of federal employees. You’ll learn how automatic defaults are streamlining the investment process for new hires, and how the TSP is hitting new highs with over 7 million accounts and nearly 3 million Roth participants.
One major reveal in this episode is the upcoming Roth in-plan conversion, slated for launch in January 2026. Courtney shares insights from participant surveys, how interest levels are being gauged, and the strategic decision to create not just one—but two calculators to help participants understand and manage their conversions with ease.
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191 episodes