I don't know how often that site updates it counts. I know it is being signed but the counts haven't changed as far as I can tell.![]()
Petition to Increase # of Interfund Transfers!
One of our members has created a petition to request an increase in the # of IFTs we can use per month.
Please Sign the Petition
... and pass it along to anyone you know who may be interested. Apparently you don't have to be a government employee or a military member to sign. Thanks!
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Please make sure you confirm the signature by checking your email after signing.
100,000 signatures sounds monumental, but if we can get the link out to our agencies and get co-workers, friends, spouses, etc., to sign as well, you never know how viral it will go.
Thanks to David for getting this going!
Petition Title: Allow 4 free interfund transfers a month in the Thrift Savings Plan
In 2008 the Thrift Savings Plan (TSP) changed the policy concerning interfund transfers (IFTs) from unlimited trades to two trades, although allowing a final trade into the G Fund. This policy prevents government employees and military members from being in control of their own retirement account.
This policy needs to be amended to allow 4 free IFTs per month, while always allowing a last free IFT into the G Fund. Additional IFTs (More than 4 IFTs) should be allowed for a fee commensurate with industry standards.
Give back to government employees and military members control over their retirement account. It is their money after all.
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.
I don't know how often that site updates it counts. I know it is being signed but the counts haven't changed as far as I can tell.![]()
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.
I signed it's still on 1.
Subscriber info: Intrepid Timer Premium Talk | System Signals posted here l FAQ about email alerts l
Signed!
I googled it and there were several incidents of people complaining that the count isn't changing, but looking at their petitions, it does look like it eventually changes.
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.
signed. 99,997 more to go
I signed. Where's my participation trophy?
Weatherweenie's Account Talk
Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Expected retirement date: November 2023
Here's some feedback from someone else having the same updated count issue...
A spokesperson for the White House said, “It’s a question of high volume at the end of the day, but the signatures are being captured. Because of high volume they’re having to change how they’re being captured.” The spokesperson did not elaborate on what that change would entail.
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.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
When I go back on shift Thursday I plan to send the petition link to everyone I know. I am sure most of them will sign and they will send it on to everyone they know. If we all do this getting 100,000 signatures wont take long at all.
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