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Thread: Twice a month Interfund Transfer Limit

  1. #1

    Default Twice a month Interfund Transfer Limit

    I probably will not be successful, but I wrote the TSP Board and asked them to consider changing the two (2) Interfund Transfers per month restriction to four (4). I hate having only two. If you feel the same, please send a letter, and maybe we can get the restriction changed. It only takes a few minutes. Send your letter to:

    TSP
    Attn: Federal Retirement Thrift Investment Board
    PO Box 385021
    Birmingham, AL 25238


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  3. #2

    Join Date
    Sep 2004
    Location
    Missouri
    Posts
    8,619

    Default Re: Twice a month Interfund Transfer Limit

    Great post and idea! We need to do this periodically to keep it on their minds that we are upset about this.

    Welcome to the forum!!!

    Quote Originally Posted by jkenjohnson View Post
    I probably will not be successful, but I wrote the TSP Board and asked them to consider changing the two (2) Interfund Transfers per month restriction to four (4). I hate having only two. If you feel the same, please send a letter, and maybe we can get the restriction changed. It only takes a few minutes. Send your letter to:

    TSP
    Attn: Federal Retirement Thrift Investment Board
    PO Box 385021
    Birmingham, AL 25238
    Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."

  4.  
  5. #3

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    64,186

    Default Re: Twice a month Interfund Transfer Limit

    Welcome to the MBjkenjohnson, yep keep those cards and letters coming you never know.
    Best of luck
    Norman
    1/22/2021
    LS CRUDE Oil
    =$52.27 a Barrel, Daily Status -$.86

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  7. #4

    Default Re: Twice a month Interfund Transfer Limit

    Welcome jkenjohnson! Good idea. I wish they would listen.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.

  8.  
  9. #5

    Join Date
    Feb 2007
    Location
    Manassas, Virginia
    Posts
    3,498

    Default Re: Twice a month Interfund Transfer Limit

    It never hurts to try. I'll do it.

    Welcome jkenjohnson !

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  11. #6

    Default Re: Twice a month Interfund Transfer Limit

    Interesting idea - I believe I will post the TSP address and subject on my organization's lounge room bulletin board with the hopes of stirring up some folks... We definetly need more than two IFT's per month!!

    Quickstrike
    Quickstrike

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  13. #7

    Default Re: Twice a month Interfund Transfer Limit

    Thanks for all the positive feedback. Please tell all of your firends in the TSP. Hopefully there is POWER in the number of people that write the Board.

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  15. #8

    Default Re: Twice a month Interfund Transfer Limit

    Does anyone have a fax number for them?

    www.faxzero.com makes it easy.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.

  16.  
  17. #9

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,982

    Default Re: Twice a month Interfund Transfer Limit

    FRTIB FAX (202) 942-1676 - Braveheart posted this number a couple years back!
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    Check my position


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  19. #10

    Join Date
    Oct 2005
    Location
    rockville, md
    Posts
    1,667

    Default Re: Twice a month Interfund Transfer Limit

    TSP board are govees and were hoodwinked by real money mangers, i.e. Barclays, who were losing their a$$es like all the other 'money managers', and were grabbing at straws to save those a$$es. Just like SEC didn't care cuz not their money, and were/still are too incompetent, for example to review Madoff a little closer. Was a real nice perk to have unlimited IFTs...spoiled us.

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  21. #11

    Join Date
    Sep 2007
    Location
    Almost Heaven
    Posts
    1,939

    Default Re: Twice a month Interfund Transfer Limit

    I'm waiting for James' research on the "trading cost" reduction benefits before I fax my letter. If I know James, he probably has a doozy in the works.
    Which one of you nuts has got any guts? -- Randle P. McMurphy
    ... stupidity will always find a way. -- Nnuut

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