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|Thrift Savings Plan's New Lifecycle Funds Allow Employees to Tailor Retirement Plans|
The Washington Post; subscription may be required
July 19, 2005
Excerpt: The Thrift Savings Plan announced yesterday that participants may start using 'lifecycle funds' Aug. 1 to save for their retirement. The TSP, a 401(k)-type program for government employees, will begin offering five L Funds, as they are being called, on that date. But employees may want to view them more as a diversification tool than as new funds, since they will use the TSP's existing five funds as their foundation.
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