For Federal Government Employees and Military Personnel
TSP Talk -
- How do I make an interfund transfer?
- Tell me about the Interfund Transfer (IFT) limits
- 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?
There is a monthly limit of 2 interfund transfers (IFTs), but after IFT #2 you can still move money into the G-fund, as long as only the G-fund allocation is the only one increasing.
TSP Talk.com is run by me, Tom Crowley. I am a former government employee of 24+ years and have my own TSP account. My background is in computer programming. I created this site and I am in no way affiliated with the Thrift Saving Plan itself.
Interfund transfer requests are applied to the entire balance that is already in your account. It will not affect your future contributions. To change the funds in which your future contributions are invested, you must make a new "contribution allocation."
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.
When will you see the effect of an interfund transfer on your account? It depends.
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.
S&P 500 (C fund))
1d 5d 3m 6m 1y 2y
|Dow Completion (S fund) |
1d 5d 3m 6m
|EFA (I fund) |
1d 5d 3m 6m 1y 2y
|Bonds (F fund) |
1d 5d 3m 6m 1y 2y
TSP Talk is in no way affiliated with the U.S. government, or military TSP Thrift Savings Plan, tsp.gov, or any other government agency. TSP Talk does not guarantee the accuracy or completeness of this report, nor does TSPtalk.com assume any liability for any loss that may result from reliance by any person upon any such information or opinions. Such information and opinions are subject to change without notice and are for general information only. The information contained on this website is for educational purposes only and not intended to be recommendations, and may not be published, broadcast, rewritten or otherwise distributed without prior written consent from TSPtalk.com. Full Disclaimer
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