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Thread: Interfund Transfer Effective Same Day???

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    Rod's Avatar
    Rod
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    I realize we must make a transfer by 1100 CST for it to be posted by COB the same day. From TSP.com:

    If you request an interfund transfer on this Web site or the ThriftLine before 11:00 a.m., central time, your request will ordinarily be processed and posted to your account at the close of business on that day.

    Let's say I make a transfer before 1100, does that mean I reap the benefits of the market that day?

    OR

    Does "posted byCOB" simply mean that I will be "in the market" on that particular fund the next day.

    Please Clarify. Thanx~


    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
    - Metallica


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    You'll get the closing fund prices of the same day and you'll be in the new funds the following day.

    So if you go to 100% C before 11:00 a.m. today (Monday)and the fund closes at 12.01, you'll start Tuesday with C fund at 12.01.

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    Rod's Avatar
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    Thanx!
    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
    - Metallica

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