Thread: LTJPFED's Account Talk

One important additional note...you can make changes to your "allocation mix" today, so that's back and Tom will need to re-open the tracker for that today.
The deadline remains noon eastern time.

Tsunami I tried to make a transfer and it would not allow me. The change investment mix did not work either.

"You are limited to 2 fund transfers/reallocations, including transfers in or out of the MFW each month. You
may only move money into your G Fund until the beginning of next month."

Originally Posted by LTJPFED

Tsunami I tried to make a transfer and it would not allow me. The change investment mix did not work either.

"You are limited to 2 fund transfers/reallocations, including transfers in or out of the MFW each month. You
may only move money into your G Fund until the beginning of next month."

I'm confused. What is this limit transferring to the "G" fund?

This is on the new website:
Fund transfers, including reallocations are limited. Each calendar month, your first two fundtransfers/reallocations may be used to move money in your account among any of the TSP funds, including the Mutual Fund Window (MFW). After the first two, your transfers/reallocationscan only move money into the Government Securities Investment (G) Fund.If you have both a civilian and a uniformed services account, these rules apply to each account separately

Looks familiar

Sure, but no one can make transactions at this point. Pretty sure they should have waited until everything was working, links, pages, etc., before they opened the floodgates. Lady I spoke to yesterday when phones opened already seemed defeated and the day hadn't even started. I felt bad for her because I'm sure she had the same conversations 80 times by the end of the day.

The decision to roll things out before everything was working was a bad choice imho. I would have waited until Friday or next week to turn everything on, or whenever they tested it and made sure all was working properly. Just my opinion though. I'm just a small time guy trying to manage my own TSP account. Never ran a company or never worked in IT or a developer so I know very little about all this. Just observations.

Took this directly from the site:

"Reallocations and fund transfers are limited. Each calendar month, your first two reallocations or fund transfers may be used to redistribute money in your account among any of the TSP funds.
After the first two of either type of transaction, for the remainder of the month, you can only move money into the G fund. If you have both a civilian and a uniformed services account, these
rules apply to each account separately.
--------------------------------------------
I still cannot make any transactions myself. I have not called the thrift line, not sure if that would be a work around for anyone trying to move funds.
Just updating anyone else in the same boat. There are some who have been able to move funds around so just like other things, YMMV.
Anyone can feel free to copy that info above and post to their thread if you want.

Morning all,
I'm sure most of you know but thought I'd share, I was able to go in this morning to perform a transfer, I cancelled it thought because I'm holding out for that next pull back. But looks like if you have access to your account and can log in then you most likely should be able to perform transactions today, if you could not do anything last week. I think a couple people mentioned they really didn't come out with anything saying they were back up for transactions so those of us who were stubbornly trying to put something through, even just testing things out, were doing so in vain. But looks like it is good to go for transactions starting today.

Really hope those of you who are still trying to gain access can do so today.

Originally Posted by LTJPFED

Morning all,
I'm sure most of you know but thought I'd share, I was able to go in this morning to perform a transfer, I cancelled it thought because I'm holding out for that next pull back. But looks like if you have access to your account and can log in then you most likely should be able to perform transactions today, if you could not do anything last week. I think a couple people mentioned they really didn't come out with anything saying they were back up for transactions so those of us who were stubbornly trying to put something through, even just testing things out, were doing so in vain. But looks like it is good to go for transactions starting today.

Really hope those of you who are still trying to gain access can do so today.

Good to know about transfer. Thanks!

Honestly thought about a move today however I just couldn't do it with CPI coming Friday. I think that will be the bigger catalyst for short term direction for the markets. I had typed up a bunch of opinionated thoughts but second thought of posting. Too much talk of peak inflation. We are not there imo. Prices continue to go higher. Sure FOMC is next week too but think markets have already priced in that rate decision. Maybe their statements move the markets again but who knows. Markets are supposedly forward thinking so if that is the case next week won't be the next big move. Markets are probably looking at Jul-Sep and end of year at this point. Interestingly we traded down and away from the last FOMC and have been trading in a small range right below that area over the last week. Lots of cautious, light trading through this period. Probably some shifting, reallocating in preparation of the next move.

I'm no expert but just couldn't do anything today. Perhaps after Friday we will have a better idea which direction we are going. I suppose in a way I've made my guess, to the downside. Otherwise if I thought this was the better entry point I'd made the move today into C/S. I do think we have much bigger move coming, when, why and how much I have no idea. After all we are still in a down trending market.

Someone else may have already posted this but this morning when I logged there was a new My Account link in middle of screen, the link was Important Information Here. Once you clicked on that link additional information popped up, 2 page PDF.

This was one of the main things that caught my eye:

You currently have access to year-to-date employee contributions for 2022 in My Account. Inmid-June, ten years of prior year-ending account balances will also be available online.Historical statements, documents, and other messages from the prior system have not beentransferred to the new My Account. If you need access to historical documents, you can requestthem by calling ThriftLine.

Good to know. Thanks.