TSP I Fund Change 2024 | New Index Will Increase Exposure to Emerging Markets | TSP for Military #117

New (and positive) I Fund changes coming to your TSP in 2024! The I Fund update during 2024 will include more emerging markets, increasing and diversifying your international exposure.    This is a positive change. In this episode we explain the benefits of the change, what it means for you, and what action is required on your part to take advantage of it.    It now represents 90% of non-US market cap now.   Best way to take advantage of this? Automatic contributions to your TSP each month! When you start in the TSP, you're automatically enrolled in the latest life cycle fund (currently L2065) which includes some L fund.   We encourage you to not succumb to home-country bias and think you don't need any international exposure. There 50% of the world's economy outside of the US you might miss out on without international investments.

We talk about this topic and more in our Confident TSP Investing course at militarymoneymanual.com/tsp and learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE! (If you're an E-4 or below, just shoot us an e-mail at tsp@militarymoneymanual.com for the promo code!)

If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com.

If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon at or at shop.militarymoneymanual.com.

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Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3.

The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.