Federal Managers Association

In the News

• Most TSP funds tumbled in March - April 2, 2026

• The federal government’s 401(k)-style retirement savings program was not immune to the economic headwinds brought on by President Trump’s war with Iran.

  Erich Wagner, Government Executive

  Nearly all the portfolios within the federal government’s 401(k)-style retirement savings program lost ground last month, as the global economy buckles from disruptions resulting from President Trump’s bombing campaign in Iran.

  The Thrift Savings Plan’s G Fund, which is made up of government securities, was the sole offering to finish March in the black, increasing by its statutorily mandated rate of 0.34%. So far in 2026, the G Fund has gained 1.04%.

  The common stocks of the C Fund lost 4.98% last month, bringing its performance since January to 4.34% in the red. And the small- and mid-size businesses of the S Fund fell 4.58%, wiping out its gains this year. So far in 2026, the S Fund has lost 1.22% in value.

  To read the full article, click here.

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