Page 3 of 9 FirstFirst 12345 ... LastLast
Results 25 to 36 of 97

Thread: Monthly TSP Withdrawal Question

  1. Default Re: Monthly TSP Withdrawal Question

    Installment Payment DatesAs communicated prior to our transition, all installment payments will be disbursed on the 15th ofthe month the payment is scheduled to be sent. If the 15th is a holiday or weekend, the paymentwill be disbursed the following business day. This distribution date applies to monthly, quarterly,and annual payments. You will not be able to change this date.

  2.  
  3. #26

    Join Date
    Apr 2005
    Posts
    14,674
    Blog Entries
    13

    Default Re: Monthly TSP Withdrawal Question

    Today is the 15th.

    The payment has NOT been sent.
    In fact, the payment has not only NOT been sent, it has not been taken out of my shares yet. And the previous payment from the new system took four days AFTER it was showing up as deducted before it was actually SENT to my account.


    Sent from my iPhone using TSP Talk Forums

  4.  
  5. Default Re: Monthly TSP Withdrawal Question

    Same with my no withdrawal and no deposit. They better look into this quick as no paying us will be the end of all board members! If your a TSP employee we are not getting paid so tell the board to pack there offices up because they will be unemployed if this happens to all of us.


  6.  
  7. #28

    Default Re: Monthly TSP Withdrawal Question

    Quote Originally Posted by Seahawks13 View Post
    Same with my no withdrawal and no deposit. They better look into this quick as no paying us will be the end of all board members! If your a TSP employee we are not getting paid so tell the board to pack there offices up because they will be unemployed if this happens to all of us.
    No deposit showed up today!
    The list of known issues doesn't list/Talk about monthly installments which makes me thing they are not even aware of this issue

  8.  
  9. Default Re: Monthly TSP Withdrawal Question

    7 pm eastern, 6/15/22. the difference between my home page account balance and the withdrawal page available balance was within three dollars of my monthly installment. So it looks like they have removed it.....let's see how long it takes to get to my bank

  10.  
  11. Default Re: Monthly TSP Withdrawal Question

    You can actually see your account balance on the 15th when TSP does not update until 8 PM EST? Are you sure you don't mean the 14th?

  12.  
  13. #31

    Default Re: Monthly TSP Withdrawal Question

    My concern is that I want to discontinue my installment payments for a few months while the market is down, and there is no way to do that on the website. So the TSP is forcing me to withdraw funds from my account against my will. This is upsetting because it was because of the flexible withdrawal options that I decided to leave my money in the TSP after I retired. What upsets me more than anything else is that the TSP has not acknowledged the problem and has not indicated when it plans to resolve it. Without any information from them I feel like I am forced to look into moving all my funds to a private company despite the higher maintenance costs.

  14.  
  15. #32

    Default Re: Monthly TSP Withdrawal Question

    Quote Originally Posted by blindspeed View Post
    7 pm eastern, 6/15/22. the difference between my home page account balance and the withdrawal page available balance was within three dollars of my monthly installment. So it looks like they have removed it.....let's see how long it takes to get to my bank
    I just checked withdrawals and the i am seeing a withdrawal dated today for the amount i was withdrawing..
    I can't see how much federal tax was withheld so I will wait and see what amount will be deposited into my account.
    I will let you all know if the amount is what I expected

  16.  
  17. #33

    Default Re: Monthly TSP Withdrawal Question

    At 7m local, I received 2 emails from TSP (probably double post, can't do anything correctly)

    Your payment from the Thrift Savings Plan completed as of June 15, 2022.
    Your monies will be issued on June 17, 2022. Allow for standard mailing time for any portion of your payment that is scheduled to be mailed. Allow 1-2 business days for any portion that will be direct deposited into your account.
    You can see the details of your payment on tsp.gov.

  18.  
  19. Default Re: Monthly TSP Withdrawal Question

    Just saw my withdrawal come out tonight as well. So, there is hope I might get it but not deposited on the 15th like they said.

  20.  
  21. #35

    Default Re: NEW WEBSITE IS NOW ACTIVE- SIGN UP NOW.

    No check.
    No deposit.
    No E-mails.
    WTF??
    This upgrade has been a downgrade.

  22.  
  23. #36

    Join Date
    Apr 2005
    Posts
    14,674
    Blog Entries
    13

    Default Monthly TSP Withdrawal Question

    Ok- now I am REALLY angry.

    Nothing taken out of my account for my scheduled monthly payment which was supposed to be today.

    No email.

    No Nothing.

    —-AND——

    Still no button within the program to set up, or change, or stop a monthly payout.

    —-AND—-
    To make matters worse- because I took a partial payout two weeks ago to to fix my roof (nearly $30,000 for a one-time roof replacement)- NOW the website says I CANNOT REQUEST another partial payment for 30 days!!

    WTF? Because I asked and got an emergency partial distribution of my money to fix my roof, you’ve somehow stopped my regular monthly distribution, AND I can’t get access to ANY of my money for 30 more days?

    You have got to be kidding me. I’m in trouble! I have bills to pay !!!

    I’m f’cked. And I’m furious.

    IMG_1292.JPG


    Sent from my iPhone using TSP Talk Forums
    Last edited by James48843; 06-16-2022 at 01:08 AM.


  24.  
Page 3 of 9 FirstFirst 12345 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P500 (C Fund) (delayed)
Monthly TSP Withdrawal Question
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Monthly TSP Withdrawal Question
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Monthly TSP Withdrawal Question
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Monthly TSP Withdrawal Question
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes