- Investing Your TSP Account Contributions
- Making or Changing Your Contribution Allocation
- When Do Contribution Allocations Take Effect?
If you are a civilian and you were enrolled on or after September 5, 2015, then unless you choose another investment option, all contributions received by the TSP will be deposited into the Lifecycle (L) Fund targeted most closely to the year you turn 62.*
If you are a member of the uniformed services or you are a civilian who enrolled before September 5, 2015, then until you choose another investment option, all contributions to your account will be deposited into the Government Securities Investment (G) Fund.
If you are rehired after a break in Federal service, a number of factors affect how new contributions to your account will be invested. Refer to the “Welcome Letter” you receive from us after you are rehired for more information. It is especially important for you to review your statements to ensure your money is being invested according to your wishes.
If you would like new money coming into your account to be invested differently, you can make a contribution allocation.
Your contribution allocation tells us how you want new money going into your account to be invested among the TSP investment fund options. New money may be your own contributions, your agency contributions (if you are a FERS employee), your TSP loan payments, and any transferred or rollover funds from other retirement plans. You can make a contribution allocation at any time.
Keep the following in mind:
- Your contribution allocation will not affect the money that is already in your account. To manage those funds, visit Interfund Transfers. For more information, view our Contribution Allocations and Interfund Transfers video.
- Your contribution allocation will remain in effect until you submit another contribution allocation request.
- If you have a traditional balance and a Roth balance in your TSP account, you cannot make a separate contribution allocation for each balance.
- Any new money will be deposited proportionally according to your fund allocation at the time the money is deposited into your TSP account.
There are several ways that you can make or change your contribution allocation.
Visit My Account: Contribution Allocations . You will need your account number (or user ID) and your Web password.
Call the ThriftLine. You will need your TSP account number and your 4-digit Personal Identification Number (PIN).
Online and Telephone
Contribution allocations made on the TSP website or the ThriftLine before 12 noon Eastern time are generally processed on that business day. Requests made after 12 noon Eastern time are generally processed the next business day.