Thread: NSurf9 Account Talk

Originally Posted by nasa1974

nsurf, congrats on keeping 1st place.

Wee in Alaska have to submit IFTs 4 hours prior to 12 noon EST. Also the butt crack of dawn here is 9:00 am or so.

I would like to see the IFT deadline closer to the market close. Also a good argument for this time are the folks that work in the far western time zones, Hawaii and Alaska come to mind. These folks do not have to be up at the butt crack of dawn to make a move.

This is a very important move for us all. I agree with many of the suggestions already made by other members.

Adjust the IFT deadline closer to the market close
Moves to G-Fund do not count against IFT total
Increase the IFT limit to at least three per month
Allow for rollover of unused IFT from month to month

This would trully benefit those of us who care to manage our TSP accounts. If we could get any of these changes approved, it would be great.

I am in.

OnTarget

Originally Posted by KevinD

I think you should look at it from their side. What is their case likely to be and what will be your response to their argument?

What is customary for other defined contribution plans? Is there a norm?

Right now, recovering a reasonable number of IFTs that permits the return, prior to the 2008 restriction, of an effective management of our personal fund seems to be a logical, general goal.

Injunctions and actions for specific performance are equity actions. As such, generally, an initial complaint in equity must not only make a compelling case but must also anticipate and refrute defendants' affirmative arguments. Further, I belive the standard of evidence is "clear and convincing." That's a notch above an "at law" (for money damages) case of preponderance of the evidence.

Thus, yes - looking at opposing arguments is something we will likely have to consider. Keeping the status quo, one of the elements of an equity complaint may, only may, include other plans. But these are the legal question and consideration we need competent legal counsel and a through legal review to resolve.

OnTarget, thanks for the I'm in, and welcome aboard. For the western states, including Alaska, Hawaii, even some far east territories, a later IFT closing time seems to be a valid consideration to those areas. This whole thing is an evolving effort. Glad to have your imput.

PS, I working on the I'm in list. I will not post the TSP Talk member names, as that it the tenor that I've received them, but will certainly count them.

Some fodder... Does anybody else see the irony in the fact that the TSP limits started in 2008 after vilifying us in 2007 for increasing costs with excessive participants IFT's? This is on the TSP website...

Thrift Savings Plan Fund Expense Ratio 1998-2010...

Nsurf9, count me in. I am certainly up for any increase in IFTs.

Originally Posted by nsurf9

Thus, yes - looking at opposing arguments is something we will likely have to consider.

Thanks for the reply and for understanding what I was getting at.

Originally Posted by KevinD

I'm in...

IF YOU WANT MORE IFTs PER MONTH, AND ARE WILLING TO DONATE TO A LEGAL FUND FOR THAT PURPOSE, PLEASE POST "I'm in" TO THIS THREAD.

The following are the names and dates that I have reviewed through the "My money, our fund, and the 2008 TSP IFT rule" thread; my nsurf9 thread; and, my private message (P.M.) folder as having made commitment. Again, the commitment is for a donation of money to a legal fund to cause members to have more Thrift Savings Plan interfund transfers on their individual accounts.

If missed your name some how, I ask that you please post again. This may not be money in hand, but it's certainly is good commmitment.

Perhaps we will be able say to our grandchildren . . . sometimes you just got to take a stand - and know that you have, infact, walked the talk.

# Name Date
1 NASA1974 11/30/11
2 Mapper 11/30/11
3 RealMoneyIssues 11/30/11
4 Nnutt 11/30/11
5 ExtremeWX 11/30/11
6 Khotso 11/30/11
7 GUCHI 11/30/11
8 TSPTalk 11/30/11
9 Lockhaven 11/30/11
10 Mcash 11/20/11
11 Murphys Law 11/30/11
12 KneednDough 12/01/11
13 Poolman 12/01/11
14 Joseffan 12/01/11
15 Cak165 12/01/11
16 McqLives 12/01/11
17 CrabClaw 12/02/11
18 Cybernaut 12/02/11
19 FishSqueezer 12/02/11
20 Show-me 12/19/11
21 SilverSurfer 12/19/11
22 Geaux4it 12/19/11
23 Kaufmanrider 12/19/11
24 ECCougar 12/19/11
25 vic 12/19/11
26 Bronco07 12/19/11
27 Pigeonguy 12/19/11
28 p3a 12/19/11
29 Birchtree 12/19/11
30 DakotaKid 12/19/11
31 FireWeatheMet 12/19/11
32 Aireman 12/19/11
33 alevin 12/20/11
34 On P.M. 12/20/11
35 JamesE 12/20/11
36 USCfanHawaii 12/21/11
37 SteelSavings 12/21/11
38 konakathy 01/05/12
39 crommie 01/05/12
40 BigJohn 01/06/12
41 jean.elmelki 01/08/12
42 Intrepid_Timer 01/08/12
43 Lucas 01/08/12
44 Love-to-bike 01/20/12
45 wwwtractor 01/26/12
46 jkenjohnson 01/25/12
47 Joseffan (wife) 01/26/12
48 jpcavin 01/25/12
49 KevinD 01/26/12
50 On P.M. 01/26/12
51 GEW 01/27/12
52 OnTarget 01/29/12
53 Novice 01/29/12




Interested:
WorkFE
nada
Viva La Migra
FAB1
On P.M.
On P.M.

Originally Posted by tsptalk

the irony in the fact that the TSP limits started in 2008 after vilifying us in 2007 for increasing costs with excessive participants IFT's?

Yea, they're build their TSP empire with our money. I'd like to see they're pay tied to increasing our profits above the indexes. That would change their tune about IFT limits real fast.

Agree. We should not settle for less then we had be fore, unlimited moves or give us later transfer time , like 3:30 P.M. plus 4 moves a month.

I would even be willing to pay a small sum for extra moves.

I'm in, I however, must demand complete anonymity.

#3 Woohoo!!!

Oh, wait... this isn't the Autotracker list