Page 9 - Fort Irwin High Desert Warrior, September 2020

www.aerotechnews.com/ntcfortirwin
new Lifecycle Funds options
High Desert Warrior September 2020
9
News
The Blackhorse Associa- tion recognizes nCo and Soldier of the Year
By Rito G. Vallez Jr.
Personal Financial Readiness specialist with Army Community service (ACs)
FORT IRWIN, Calif. — As of July 1, eligible employees and service members now have nine Lifecycle (L) Funds to choose from, versus the previous five available. What is a lifecycle fund? A Lifecycle fund is a professionally designed fund.
According to the Government’s Thrift Savings Plan webpage, the L Funds are invested in the five individual TSP funds based on professionally determined asset allocations.
“The Federal Retirement Thrift Investment Board currently contracts Black Rock Institutional Trust Company, N.A. (Black Rock) to manage the F, C, S, and I Fund assets,” reads the site.
If you do not have the time or experience to manage your portfolio, investing in a Lifecycle fund can possibly be the right choice for you. Investors would need to simply choose the target date in which they plan on withdrawing from their TSP account.
Typically, employees and service members only had funds in increments of 10 years to choose from. Employees and service members are now able to choose from 10 funds that are in increments of five years. This gives investors more of a selection to get closer to that target date. For more detailed information, please visit your Personal Financial Readiness Specialist, located at Army Community Service, Bldg. 111, Langford Lake Road, or call for an appointment 760-380-9194.
From ACADeMY, Page 9
equipment and the first look at the rotational calendar that they will be working on over their time with Blackhorse. Troopers also get an understanding of what programs are available to them on the National Training Center, as well as contact information for resources that are available to them.
By the end of the academy, the Troopers that have participated will be knowledgeable about the capabilities and strength, and ready to head to their respective sections to continue on the fight during each training rotation. Surely, there will be plenty of hands-on experiences and opportunities to prove themselves as individual Troopers, but the ultimate goal is to make sure the Troopers coming in understanding the importance of the past, present, and future operations for which the Regiment will always answer the call.
By pfc. Gower Liu
11th ACR Public Affairs office
FORT IRWIN, Calif. — On Aug. 8, the Blackhorse As- sociation graciously gifted brown campaign hats, significant to the 11th Armored Cavalry Regiment, to the Regiment’s Soldier of the Year and Noncommissioned Officer of the Year.
Spc. Alexander Byrd of the 511th Military Intelligence Com-
See SoLDIeR, Page 10
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