New L Funds in five-year increments now available

As of July 1, 2020, you have ten Lifecycle (L) Funds to choose from instead of the five previously available. We added the additional L Funds so that the target dates will be separated by only five years instead of ten, allowing you to more precisely target the time when you think you’ll need your money.

Six more L Funds have been added, and the L 2020 Fund, having reached its target date, has been rolled into the L Income Fund.

• Learn more about our L Funds and individual fund options.
• For more information about this change, see the fact sheet Additional Lifecycle (L) Funds (pdf).

Choose from the new L Fund lineup

Each of the ten L Funds is a diversified mix of our five core funds (G, F, C, S, and I). L Funds balance the potential for higher returns associated with investing in the stock markets with the need to safeguard your savings for retirement. You can choose your L Fund based on when you’ll need your money, and the fund will give you the potential for long-term growth while continually adjusting your exposure to risk as you get closer to your target date.

The new L Fund lineup

How to check your TSP investments

To see how you currently invest your TSP savings, log in to My Account to check your account distribution and your contribution allocation. (You may instead use the automated system by calling the ThriftLine or view your next quarterly statement in mid-July, if you’ve elected to receive statements by mail.)

How to change your TSP investments

If you decide to move your TSP savings to a new L Fund, you’ll need to request an interfund transfer. To change how you invest your future contributions, you’ll need to change your contribution allocation. You can complete these requests online in My Account under “Online Transactions.” (You may instead use the automated system by calling the ThriftLine.)