I just went through an effort figuring that out. Here’s how they do it when your request is made prior to 11 AM Central Time or 12 PM Eastern Time:
The day's new share prices (losses & gains) apply first then TSP reallocates the new percentages you requested using your total account balance that evening. They do add the caveat “ordinarily.” Here’s how they state it:
When will my interfund transfer be effective?
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. Requests made after 11:00 a.m., central time, will ordinarily be processed and posted to your account at the close of business on the following business day. If you use Form TSP-50, your request will generally be processed and posted to your account within two business days of the day it is received by the TSP.



LinkBack URL
About LinkBacks




Reply With Quote

Bookmarks