"2023 TSP Performance Surges, Ending Year with Robust Gains"
The Thrift Savings Plan (TSP) saw a strong finish in December 2023, with all funds reporting positive returns. The small cap stock index S fund led with a 10.45% gain for the month and a 23.30% annual return. The common stock index C fund had the highest annual return at 26.25%. The government securities investment G fund had the lowest December return at 0.39% but maintained a positive annual return of 4.22%. Lifecycle funds also performed well, with most posting annual returns above 10% and the L-2055, L2060, and L-2065 funds exceeding 25%. Overall, 2023 was a profitable year for TSP investors.