Correct....and you can still continue to IFT into the G fund, and ONLY into the G fund, even after you've used your 2nd IFT for the month. That is, assuming you only move a portion at a time into the G fund. So for example if you only move 50% into the G fund with your 2nd IFT, you can continue to move money into the G fund with subsequent IFTs.
Bookmarks