Thread: Future Allocation Changes

Originally Posted by PostOakGuy

I realize there is no charge for interfund transfers, I just wanted to make sure there is no charge when you change future allocations?

None, zip nada, zilch, nothing, naught, nil and zero

Sorry just haveing some fun with my franklin spelling ace.

You are right, no charges for transfers and no charges when you change your future allocations.

I think it's the best deal in town.

Ha, Ha......lol This is what I wanted to make sure of. Because of the market situation yesterday, people at work were talking about it and one wanted to know if there is limits on IFTs and what we are charged if going over them.

So, here is my question................

Are there limits on how many IFTs you can make a year? If so, how many are you allowed? If there is limits, at what point do they start charging you for them?

This is an example of how confused people are at work with their TSP. Do to the fact that they do not go outside the workplace to get straight answers.

So, I myself want to get this cleared up also. Along with where to find this info in print regarding this specific area.

Any help with this is much appreciated.

Thanks Again.

Wolverine

Originally Posted by Wolverine

Ha, Ha......lol This is what I wanted to make sure of. Because of the market situation yesterday, people at work were talking about it and one wanted to know if there is limits on IFTs and what we are charged if going over them.

So, here is my question................

Are there limits on how many IFTs you can make a year? If so, how many are you allowed? If there is limits, at what point do they start charging you for them?

This is an example of how confused people are at work with their TSP. Do to the fact that they do not go outside the workplace to get straight answers.

So, I myself want to get this cleared up also. Along with where to find this info in print regarding this specific area.

Any help with this is much appreciated.

Thanks Again.

Wolverine

ZILCH

Originally Posted by Wolverine

Ha, Ha......lol This is what I wanted to make sure of. Because of the market situation yesterday, people at work were talking about it and one wanted to know if there is limits on IFTs and what we are charged if going over them.

So, here is my question................

Are there limits on how many IFTs you can make a year? If so, how many are you allowed? If there is limits, at what point do they start charging you for them?

This is an example of how confused people are at work with their TSP. Do to the fact that they do not go outside the workplace to get straight answers.

So, I myself want to get this cleared up also. Along with where to find this info in print regarding this specific area.

Any help with this is much appreciated.

Thanks Again.

Wolverine

I know for sure you can do 166! No Charge!

You can make one IFT per trading day. In addition to that, you are also allowed one chance per day to cancel or change said IFT. IFT's or edits to them must be made prior to noon in order to get that days closing share prices.

i must be in shock from the market but i think there is a problem with the transfer. on 2/28/2007 i moved 100 percent from the g-fund to 100 percent i-fund (at 11:50am). i check the tsp board this morning(3/1/2007) and found out that they gave me the price at 22.67 and not 22.55 am i missing something please help. if they screw up who do i call ?

Originally Posted by mailmanusa

You can make one IFT per trading day. In addition to that, you are also allowed one chance per day to cancel or change said IFT. IFT's or edits to them must be made prior to noon in order to get that days closing share prices.

You are allowed 2 IFTs a day. One before the deadline and one after 12PM EST. Any IFT after the deadline is effective COB the next day.

Thanks for this info all. I would like to know if possible though and I have been looking through the TSP site but haven't found anything yet. Where would this info be in print anywhere just to have it available and to show the confused at work if this issue crops up again?

Thanks again.

Originally Posted by Wolverine

Thanks for this info all. I would like to know if possible though and I have been looking through the TSP site but haven't found anything yet. Where would this info be in print anywhere just to have it available and to show the confused at work if this issue crops up again?

Thanks again.

Go to TSP main page check Civilian or Uniformed Services/Interfund Transfers
Lots of info on this page!!

Originally Posted by nnuut

Go to TSP main page check Civilian or Uniformed Services/Interfund Transfers
Lots of info on this page!!

Thanks nnuut...........I took a look see at what you advised here and sift through all of that info in those areas. Anything that had to do with IFT only spoke about the 12:00 deadline for an IFT that I could see. I looked through other areas that I thought could tie into this question but I seen nothing about what I am exactly looking for in print as of yet.

I am going to give them a call and see if I can get something from them maybe. I would just like to see a good full explanation of this issue in print so I can refer to it in the future if need be.

Now, I do trust what has been said here already and that is not the issue. LOL Just looking for it in print form is all. For them to put this in print would take up less space than what I just wrote here. Its simple really......How many IFTs per day? How much cost if any? That is it. LOL

When I get any info from them by phone I will give it out here for sure. I will get answers from them, believe me. LOL

I wasn't worried about this stuff, just want to get it cleared up is all.

Anyhoo, I appreciate your input with all this.

Any time Wolverine, no problima