Googles & Scarf

by Matt Merrill

Thrift Savings Plan (TSP) fees more than double

by | May 20, 2024 | Uncategorized

Do you remember when TSP fees were incredibly cheap?

For the low, low price of 0.028% you could invest in a fund that tracked the S&P 500. With costs that low it made it easier to put up with the bad website, lack of investment choices, and slow customer service.

However, over the last decade TSP fees have risen 140%! That is a startling increase in costs for an investment vehicle that hasn’t changed much at all.

Are you receiving 140% better service?

Did your retirement account grow 140% faster? For many TSP account holders the answer is obviously no.

***Graph showing fees increased

Since the fees have risen steadily over the previous ten years it seems that unfortunately, the glory days are over for the Thrift Savings Plan.

Need help with your financial planning?

Contact me for assistance at mattmerrill@brightroadwealth.com.

Matt Merrill

Matt is a Financial Advisor with Bright Road Wealth Management, a long-time investor, licensed Texas realtor, and former United States Marine Corps F-18 pilot. His focus is helping military families with investing and financial planning.
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