Skip to main content

The Ins and Outs of Target Date Funds & the TSP Lifecycle Funds

CEU approval for MFLN Personal Finance webinars expires 3 years after the live event. CEUs are no longer available for this webinar.For more information and to earn CEUs from more current webinars click here.

Dr. Barbara O'Neill and Kevin Laird will present this 90-minute webinar on behalf of the Military Families Learning Network's Personal Finance Concentration Area.

Target date funds are mutual funds with a date in their name (e.g., 2030) and portfolios that change automatically according to a pre-determined glide path. Also known as lifecycle funds because they “age” as their investors get older, they have increased in popularity in recent years. Rutgers University professor and Extension specialist, Dr. Barbara O’Neill, will discuss the basics of target date mutual funds, including how they work, their advantages and disadvantages, historical performance, risk factors, and use as a default investment option in employer retirement savings plans. Kevin Laird will discuss the composition and characteristics of the Thrift Savings Plan (TSP) Lifecycle (L) fund available to service members and federal government employees. Also included will be a discussion of the upcoming change of using the L fund as the default TSP investment option.

How to Join

*To connect to this webinar, it is strongly suggested that you use Google Chrome for both PC and Mac connections. If this is not an option, Internet Explorer may be used if connecting via PC. Safari and Firefox have not been successful in accessing this webinar platform.

  • Minimum Adobe Flash Player version 11.2
  • Login as a guest
  • Allow Adobe Flash Player to access your computer
  • Please allow time for the moderator to grant you access to the room
  • If you become stuck at the “connecting to the server” page, refresh your page

For those who cannot connect to the Adobe site, an alternative viewing of this webinar will be running on Ustream http://www.ustream.tv/channel/milfamln 

Speakers

Dr. Barbara O’Neill, financial resource management specialist for Rutgers Cooperative Extension, has been a professor, financial educator, and author for 35 years. She has written over 1,500 consumer newspaper articles and over 125 articles for academic journals, conference proceedings, and other professional publications. She is a certified financial planner (CFP®), chartered retirement planning counselor (CRPC®), accredited financial counselor (AFC), certified housing counselor (CHC), and certified financial educator (CFEd). Dr. O’Neill served as president of the Association for Financial Counseling and Planning Education and is the author of two trade books, Saving on a Shoestring andInvesting on a Shoestring, and co-author of  Investing For Your Future,Money Talk: A Financial Guide for Women, and Small Steps to Health and Wealth.  She earned a Ph.D. in family financial management from Virginia Tech and received over three dozen awards for professional achievements and over $900,000 in funding for financial education programs and research.

Kevin Laird joined the staff of the Federal Retirement Thrift Investment Board in November 2007, and currently manages the TSP Training and Agency Liaison team. Kevin is a veteran of the United States Army. He holds a Master of Science degree in family financial planning from the University of Nebraska and a Master of Arts degree in education from Truman State University, and he has earned the Retirement Plans Associate (RPA) designation from the Wharton School of the University of Pennsylvania. He is also a Certified Financial Planner® and a member of the Financial Planning Association and the American Society of Pension Professionals and Actuaries.

The Cover image On Target by viZZZual.com for this webinar is licensed Creative Commons CC BY 2.0.

https://www.youtube.com/watch?...e=youtu.be

Who Is Attending

Add Comment

Comments (0)

Post

About the Extension Foundation

The Extension Foundation was formed in 2006 by Extension Directors and Administrators. Today, the Foundation partners with Cooperative Extension through liaison roles and a formal plan of work with the Extension Committee on Organization and Policy (ECOP) to increase system capacity while providing programmatic services, and helping Extension programs scale and investigate new methods and models for implementing programs. The Foundation provides professional development to Cooperative Extension professionals and offers exclusive services to its members. In 2020 and 2021, the Extension Foundation has awarded 85% of its direct funding back to the Cooperative Extension System, 100% of funds are used to support Cooperative Extension initiatives. 

This technology is supported in part by New Technologies for Ag Extension (funding opportunity no. USDA-NIFA-OP-010186), grant no. 2023-41595-41325 from the USDA National Institute of Food and Agriculture. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of the U.S. Department of Agriculture or the Extension Foundation. For more information, please visit extension.org. You can view the terms of useat extension.org/terms.

×
×
×
Link copied to your clipboard.
×