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TSP Participants More Confident About Stock Funds

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TSP participants head back to stock funds
By STEPHEN LOSEY
May 27, 2009

Thrift Savings Plan participants appear to be recovering their confidence in the stock market and the federal government?s retirement plan.

The stock-based C, S and I funds had their second consecutive month of positive performance in April after more than a year of frequently dismal returns. And after moving billions of dollars into the lower-risk, lower-reward G Fund?s government securities for more than a year, participants transferred more than $600 million out of that fund and into the C, S and I funds and the L, or lifecycle, funds in April, the Federal Retirement Thrift Investment Board said May 18.

For more:
http://www.federaltimes.com/article/.../DEPARTMENTS01

TSP Participants More Confident About Stock Funds
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