Jun 14, 2021
The Thrift Savings Plan is aggressively apolitical, but that may be changing. President Biden signed a recent executive order aimed at ensuring federal agencies consider the risks of climate change in their budgeting, which could change the way the TSP invests. Similarly, members of Congress have targeted China-based funds in the I Fund as something to be removed from the fund’s portfolio as a way for the U.S. to make a geopolitical point.
Dallen Haws is a financial planner and host of the “Plan Your Federal Benefits” YouTube channel as well as a podcast at PlanYourFederalBenefits.com. He is also the author of the book Building Wealth in The TSP: Your Road Map to Financial Freedom as a FERS Employee. He joined the show to talk about the recent political wrangling around the Thrift Savings Plans and what feds should do, if anything, about it.