I just changed my TSP to transfer 65% of my current savings (1300) to the 'c' fund (S&P index with expenses of 0.025) and routed all my current contributions to that fund. My other choices are tracking the Dow or International index. Or the 'lifestyle funds' which have a different percentage of the other funds. S&P index fund with low fees works fine for me.
I got an estimate on my taxes, the business lost $17,000 so I am getting $6000 back. I had a choice of putting $5000 in a ROTH or $2700 in a trad IRA (and getting more back). Decided to do the ROTH.
I started an automatic monthly withdrawal of $250 for taxes. I need to save more ($833.34 is full ROTH for k and I) but I also need to pay off k's card.
TSP and taxes
February 28th, 2012 at 08:27 am
February 28th, 2012 at 01:33 pm 1330435987
February 28th, 2012 at 03:16 pm 1330442197
Any other views of Dow vs S&P for index funds? the expenses are the same.
February 28th, 2012 at 06:24 pm 1330453489
Here's the link about that fund from the TSP website.
I sure wasn't trying to sway you to another fund. The C fund is made up of larger US companies and is important segment to be invested in as well. For us it would be redunant since we already have the S&P 500 Index fund at Vanguard.