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Lifecycle funds

The L Funds, or Lifecycle Funds, offer a simple, low maintenance way of investing money in your TSP account by using an appropriate mix of the G, F, C, S, and I Funds that most closely matches your time horizon, or target retirement date.

The L Funds’ investment objective is to strike an optimal balance between the expected risk and return associated with each fund. Any other use of the L Funds may result in a greater amount of risk in your portfolio than is necessary in order to achieve the same expected rate of return.

As your retirement date approaches, the investment mix of each L Fund becomes more conservative (less risky), and it is automatically adjusted for you. The L Funds make the investing process easy for you because you do not have to figure out how to diversify your account or how and when to rebalance - it’s done for you.

Risks

When you invest in the L Funds, you are subject to the investment risks associated with the G, F, C, S, and I funds. This means that the L Funds can have periods of gain and loss, just as the individual TSP funds do.

Compare up to three funds
L Income
L 2020
L 2030
L 2040
L 2050
Objective

For participants who are currently withdrawing their TSP accounts in monthly payments or who plan to begin withdrawing before 2020.

For participants who will withdraw their money beginning 2020 through 2024.

For participants who will withdraw their money beginning 2025 through 2034.

For participants who will withdraw their money beginning 2035 through 2044.

For participants who will begin to withdraw their money in 2045 or later.

Return
Year-to-date

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Risk
Low
Low-medium
Medium
Medium-high
High
Expense

0.001%

0.002%

0.004%

0.005%

0.005%

Learn more

Learn more

Learn more

Learn more

Learn more