After months of volatility and big swings in the stock markets, portfolios in the federal government’s 401(k)-style retirement savings program were generally flat last month, with most ending April slightly in the black.
After months of volatility and big swings in the stock markets, portfolios in the federal government’s 401(k)-style retirement savings program were generally flat last month, with most ending April slightly in the black.
The international stocks of the Thrift Savings Plan’s I Fund saw the biggest gains in April, growing by 2.01 percent. That brought the fund’s 2018 total back into positive territory at 0.90 percent. The C Fund’s common stocks grew 0.38 percent last month, but that wasn’t enough to erase previous months’ losses—since January the fund has fallen 0.40 percent.
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Source: Business Exec