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Thread: No Transfers to the G-fund?

  1. #1

    Exclamation No Transfers to the G-fund?

    I got this in an email from one of our members saying the TSP has not been allowing IFTs to the G-fund since Jan 23? Anyone else experience this? I assume we would have heard from others -- unless we are not noticing that it doesn't go through?

    According to another lengthy tsp call with a different supervisor this morning they now tell me that all participant transfers to the G fund have been suspended due to the statutory ceiling on the federal debt. They said no one has been able to make a transfer to the G fund since 23 Jan.
    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.


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  3. #2

    Default Re: No Transfers to the G-fund?

    I had no problem

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  5. #3

    Default Re: No Transfers to the G-fund?

    I think he was saying he made the transfer successfully, per the website, but it never actually happened. Can you tell if the money in your account is actually in the G-fund now?
    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.

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  7. #4

    Default Re: No Transfers to the G-fund?

    I transferred to the G Fund on Friday, February 24th. I just checked my account and it shows that I am currently 100% in the G Fund.

    Sent from my SM-G892A using TSP Talk Forums mobile app
    Disclaimer: I have absolutely no idea what I am doing.

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  9. #5

    Default Re: No Transfers to the G-fund?

    That's good to know. Thanks! Strange how many different answers the TSP support line can give.
    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.

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  11. #6

    Join Date
    Jun 2014
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    Default Re: No Transfers to the G-fund?

    I transferred to 100% G February 21st. I checked and the transfer to G worked.

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  13. #7

    Default Re: No Transfers to the G-fund?

    Quote Originally Posted by tsptalk View Post
    I think he was saying he made the transfer successfully, per the website, but it never actually happened. Can you tell if the money in your account is actually in the G-fund now?
    I made a transfer to the G Fund a couple of weeks ago and it is showing up in my account as 100% G Fund.

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  15. #8

    Default Re: No Transfers to the G-fund?

    Some follow up... The member let me know that the move to the G-fund in question actually did go through after all. So he was given misinformation and it was a false alarm.

    Thanks for the feedback on your situations!

    Case dismissed -- except for the misinformation given by TSP support.


    Quote Originally Posted by tsptalk View Post
    I got this in an email from one of our members saying the TSP has not been allowing IFTs to the G-fund since Jan 23? Anyone else experience this? I assume we would have heard from others -- unless we are not noticing that it doesn't go through?
    According to another lengthy tsp call with a different supervisor this morning they now tell me that all participant transfers to the G fund have been suspended due to the statutory ceiling on the federal debt. They said no one has been able to make a transfer to the G fund since 23 Jan.
    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.

  16.  

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