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- Can you send me form...?
- How do I make an interfund transfer?
- How do I get on the TSP Talk email alert list?
- Who runs TSP Talk.com?
- When you make an interfund transfer, do you also
change your contributions?
- When is the deadline for making a transfer?
- Thrift Savings Plan...How Do I...?
- Why doesn't the change in the I Fund share price always correspond to the EAFE Index which it tracks?
Sorry. I am not tsp.gov! I don't have any forms, 1099's, account
information, loan or withdrawal status. I only talk about allocating your
TSP funds. Try
www.tsp.gov
for that type of information.
Click
here -->
How to Make an Interfund Transfer.
You can also make a transfer using the
Thrift Line. The number is (504)255-8777. You will need a PIN to
access your account.
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The sign up form is in the top right corner of every page.
TSP Talk.com is run by me. I am a government employee of 20+ years and a
TSP participant. My background and current position is in computer
programming. I created this site in my spare time and I am in no way
affiliated with the Thrift Saving Plan itself.
At one time I had my series 6 and series 63 securities licenses as well as a
life insurance license. These licenses entitled me to to sell mutual funds, life
insurance and variable annuities. While I like the idea of helping people
with their personal finances, I did not like the idea of making big commissions
luring investors into a mutual fund or expensive annuity when I knew they
could get the same type of products on their own without a commission. So,
I decided to discontinue my pursuit of a career in the financial world but I
still enjoyed managing my own finances. Creating this
site allows me to help others again without draining their pockets. For more
information, go to the About
Us page.
I usually only do an interfund transfer. When you do an interfund
transfer, your total balance gets moved at that point. If you haven't made
a transfer in a month or more and your contribution allocation is different than
your current allocation, you might go in and do another transfer to get those
new contributions into your desired allocation. If you were to do just
one, I would do the interfund transfer. But you could just as easily do
both.
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If you want to make
a fund transfer, the deadline each day is 12 noon EST. If you complete
the transaction before noon EST your new allocation will begin the next morning.
If you miss the 12 noon EST deadline your money will be moved the following day.
To have a transaction effective on a Monday, you must meet the deadline on
Friday at noon.
Per TSP.gov website...
When will you see the effect of an interfund
transfer on
your account? It depends.
Requests made before 12:00 noon eastern time on a
business day will generally be processed that night using
the share prices for that day. The result can be viewed
online the next day.
Requests made at 12:00 noon or later eastern time will
ordinarily be processed the next business day using that
day’s share prices. The transfer will be reflected in your
account the day after it is processed. For example, requests
made late Friday will be processed Monday night using
Monday’s share prices, and will be reflected in your
account online on Tuesday.
If you have specific questions regarding the Thrift
Savings Plan or your TSP account, you can find all your answers on the
TSP.gov home page. Their number is (504)255-8777.
Participants have asked why, on some days, the change in the I Fund share price reported by the TSP does not match the change reported for the Morgan Stanley EAFE (Europe, Australasia, Far East) index, which the I Fund tracks. This happens when the Board's investment manager, Barclays Global Investors (BGI) reprices its EAFE Equity Index Fund, in which the TSP invests, after the close of the foreign markets. This process, known as "fair valuation," occurs when there are large U.S. market or currency movements between the time the foreign markets close and 4:00 p.m., eastern time, when BGI's share prices are determined. Fair valuation ensures that traders cannot "market time" the I Fund by making investment decisions based on the "stale" prices, thus diluting the returns of other participants who invest in the I Fund. Because the EAFE uses the foreign market closing prices to calculate its values, its price change will differ from the TSP's on those days.
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