Likes: 
Reply With QuoteMany thanks to former member Squalebear for the 1% option. Good to see it's come back into the light, and excellent example of how effective it could be. hattip, James.
Re: <1%IFT Option
fyi- we talked last week about the old "1%" thing. the question was- does it still work?
Well, Yes. it works.
I have just successfully moved from 1.01% in a bunch of the L funds, to 2% in each of 13 funds. the G fund went from 84% down to 73%. So yes, I apparently can move up to 11% additional in other funds in a single day for a third move.
chalk that one up to the lessons learned.
Re: <1%IFT Option
Many thanks to former member Squalebear for the 1% option. Good to see it's come back into the light, and excellent example of how effective it could be. hattip, James.
"life can only be understood backwards, but it must be lived forwards" - soren kierkegaard
Re: <1%IFT Option
It is very import to remember not to waste your precious 2 IFT's per month to perform the <1% move. This is something that can be done about every other day to rebalance your account after you have used up your 2 IFT's.
May the force be with us.
Re: <1%IFT Option
So this still worked as of the end of September 2021. Has anybody tried it with the new funky system?Originally Posted by nasa1974
Re: <1%IFT Option
I used it the week before the transition to the new system.
I have not tried it since. I think it’s Much too crazy right now to try it.
Sent from my iPhone using TSP Talk Forums
Re: <1%IFT Option
Thanks for the reply! I agree, this system is far too quirky right now.
Re: <1%IFT Option
The new system does not allow the <1% IFT if it results in less money in the G fund. I have 51.23% in G and 48.77% in C from an original 50/50 split and wanted to rebalance to 51G/49C. I got this message:
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. (000826502)
Re: <1%IFT Option
I hadn't tried it but I believe someone else mentioned that a few months ago so thanks for the confirmation.
So far the only advantage of the new system is the new investment options, but they ruined that with excessive fees.
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.
Re: <1%IFT Option
They sure screwed up a system that worked but only needed a few tweaks.
May the force be with us.
Re: <1%IFT Option
Getting back into the groove.
2 IFT's! That's it, Be cautious & WISE!
Posting Permissions
|
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
|
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
|||||
Bookmarks