Most TSP Portfolios Tumble in October

Government Executive: Most of the portfolios in the federal government’s 401(k)-style retirement savings program lost ground for the second straight month in October.

The Thrift Savings Plan’s S Fund, invested in small- and mid-size businesses, was one of only two portfolios to increase in value, gaining 0.50% last month. So far this year, the S Fund has increased 3.97%.

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