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Thread: IFT Date Question

  1. #1

    Default IFT Date Question

    So since we have used our two moves on TSP early in January, and tomorrow is February. Can we request a TSP move at 12:01pm today that will work on Monday? Or will the TSP system automatically reject that. because its not February yet?


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  3. #2

    Default re: $ IFT Date Question

    It will accept it as an IFT effective COB Feb 2. Only business days count.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  5. #3

    Join Date
    Jun 2004
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    Boiled Peanut, Georgia, USA
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    Default re: $ IFT Date Question

    Quote Originally Posted by offroad View Post
    So since we have used our two moves on TSP early in January, and tomorrow is February. Can we request a TSP move at 12:01pm today that will work on Monday? Or will the TSP system automatically reject that. because its not February yet?
    Tomorrow is January 31st!



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  7. #4

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    12,148

    Default re: $ IFT Date Question

    Quote Originally Posted by offroad View Post
    So since we have used our two moves on TSP early in January, and tomorrow is February. Can we request a TSP move at 12:01pm today that will work on Monday? Or will the TSP system automatically reject that. because its not February yet?
    If today you made an IFT at 12:01pm EST it would be the same as if you made it Monday, February 2nd before noon. It would count as your first IFT for February.
    May the force be with us.

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