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Thread: I think my TSP fund transfer got lost

  1. Default I think my TSP fund transfer got lost

    On Wednesday, November 30th at 3:00 PM (Central) I requested a 100% fund transfer. I checked today about 3:00 PM and my funds had not transferred. I did have a red Pending Interfund Transfer message so I figured the transfer would happen this evening. I checked again early this evening and the red message was gone but the funds had not moved. I just checked again and as of a few minutes ago (Dec. 1 about 10:50 Central) my funds have not been transferred. While I was typing this post I received an email telling me my Interfund Transfer has been completed, but the funds are still where they were. I went ahead and put in another transfer request just a few minutes ago. Very frustrating to waste one of my December transfers and probably suffer another day of losses. Is this a common occurrence or am I just the lucky one? Would it do any good for me to call them and discuss this issue?


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  3. #2

    Join Date
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    Default Re: I think my TSP fund transfer got lost

    Quote Originally Posted by OkieJay View Post
    On Wednesday, November 30th at 3:00 PM (Central) I requested a 100% fund transfer. I checked today about 3:00 PM and my funds had not transferred. I did have a red Pending Interfund Transfer message so I figured the transfer would happen this evening. I checked again early this evening and the red message was gone but the funds had not moved. I just checked again and as of a few minutes ago (Dec. 1 about 10:50 Central) my funds have not been transferred. While I was typing this post I received an email telling me my Interfund Transfer has been completed, but the funds are still where they were. I went ahead and put in another transfer request just a few minutes ago. Very frustrating to waste one of my December transfers and probably suffer another day of losses. Is this a common occurrence or am I just the lucky one? Would it do any good for me to call them and discuss this issue?
    Once the pending red flag is gone, you should be able to see the transfer by looking at "Recent Transactions" in your online account, It won't show up in the account balance until tomorrow morning, 6:00 EST +/- a couple of hours if you read the message above your current account balance.

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  5. Default Re: I think my TSP fund transfer got lost

    Hello.

    I'm a newbie. Experiencing the exact same issue. To my knowledge,if the transfer was made BEFORE noon that day, your ITF should process that evening with the gain/loss reflected the NEXT morning. Personally. I would have recommended NOT initiating another transfer. I did an IFT on a Monday and it was never processed. I pointed this out as the balances,with the exception of Monday for my moves seemed fine. This has happened on 2 other ITFs as well. You can most definitely call and make sure you quote from the WEBSITE. I've tried,to no avail. I sent a message today. I noticed you posted in 2016. I hope your issue was resolved?


    .

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  7. #4

    Join Date
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    Default Re: I think my TSP fund transfer got lost

    Is your current asset allocation the one you chose in the interfund transfer or is it still the one from before you initiated the transfer?

    If the asset allocation is the one you chose in the IFT, then the transfer went through. If not, I don't know what to tell you.

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