re: Monthly return rate - G
Frixxxx, not sure how to find that anymore. Clicking on current loan rate gets this:
Current loan interest rate — (November 2, 2018) The interest rate on your TSP loan is the G Fund rate at the time your loan application is processed. The current rate is 3.125%. We are working to resolve a technical issue that may cause a different rate to show when using our Loan wizard. If you generated a loan agreement on or after November 2, 2018, be sure to check that the interest rate on your loan agreement is 3.125% before submitting.
Sounds like they are having some issues? I was actually looking for the current G fund rate.
PO
re: Monthly return rate - G
Quote:
Originally Posted by
PessOptimist
Frixxxx, not sure how to find that anymore. Clicking on current loan rate gets this:
Current loan interest rate — (November 2, 2018) The interest rate on your TSP loan is the G Fund rate at the time your loan application is processed. The current rate is 3.125%. We are working to resolve a technical issue that may cause a different rate to show when using our Loan wizard. If you generated a loan agreement on or after November 2, 2018, be sure to check that the interest rate on your loan agreement is 3.125% before submitting.
Sounds like they are having some issues? I was actually looking for the current G fund rate.
PO
Not sure where you got your post, but I check two places:
1. My Account->Online Transactions->TSP Loans-> Current Rate and Amount Available. In the box: The current interest rate is: X.XXX%
2. Home Page->Planning & Tools->Estimate Loan Payments-> In the blue box at Bottom should match for the month. This is what I cut and paste into thread.
If they are providing that information at the time of a loan request, yes, I would verify that any actual loan variables be validated against these two numbers or verify it with TSP directly.
re: Monthly return rate - G
Interest Rate: The current rate for new loans is 2.625%, which is the current G Fund interest rate. |
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re: Monthly return rate - G
Interest Rate: The current rate for new loans is 2.750%, which is the current G Fund interest rate. |
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re: Monthly return rate - G
From Govexec.com
https://www.govexec.com/?oref=logo
Treasury Suspends G Fund Investments, Retirement Programs Could Become More Generous, and More
https://www.govexec.com/pay-benefits...40/?oref=river
re: Monthly return rate - G
A little late with April's change:
Interest Rate: The current rate for new loans is 2.500%, which is the current G Fund interest rate.
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re: Monthly return rate - G
Interest Rate: The current rate for new loans is 2.500%, which is the current G Fund interest rate.
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May 2019
re: Monthly return rate - G
Checked today and
- The current interest rate is: 2.250%
re: Monthly return rate - G
Interest Rate: The current rate for new loans is 2.125%, which is the current G Fund interest rate. |
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re: Monthly return rate - G
Interest Rate: The current rate for new loans is 2.125%, which is the current G Fund interest rate.
No change for this month!
re: Monthly return rate - G
WOW!!!!!!
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-0.500%
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Interest Rate: The current rate for new loans is 1.625%, which is the current G Fund interest rate. |
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re: Monthly return rate - G
I wonder when it will go negative. Greenspan thinks it will happen to bond yields, so maybe here as well?