Bureaucrats Revive Old Share Price to Fix Retired Fund Fiascos
Published Date: 6/23/2025
Rule
Summary
If you have money in a Lifecycle Fund that was retired before June 1, 2022, the Federal Retirement Thrift Investment Board is changing how they fix mistakes with those funds. They’re going back to using a special share price to figure out any lost or gained value. This update helps make sure your retirement money is corrected fairly and accurately.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Retroactive Fixes Use Constructed Share Price
If you had money in a Lifecycle Fund that was retired before June 1, 2022, the Federal Retirement Thrift Investment Board will use a constructed share price to calculate breakage and the value of negative adjustments when fixing errors. This change applies to errors involving Lifecycle Funds that no longer exist as of June 1, 2022.
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