< 1 pct. IFT Option

[dannyboy]

Re: <1%IFT Option

SB,
I hope that you could possibly shed light on this. If a person %'s in their TSP balance is .00 for all accounts, (G,F,C,S,I, etc.), is it still possible to make an IFT or a set up to make an IFT?
I am pretty busy with the job and I sign in then go back to mainframe or some other person's network set, etc
DB.

 

[nnuut]

Re: <1%IFT Option

That means you have nothing in the TSP! If you made contributions the money would have to go to a fund, included are the G, F, C, S, I, and the L funds. If you have no balance you can't make an IFT, if you do you can from any fund with a balance to any other.
Does that sound right SB? I didn't notice the question was for you, sorry>:embarrest:

 

[KevinD]

Re: <1%IFT Option

Contributions will change your percentages. If you have nothing in a fund, you can use your contributions so that there will be something there after your contributions hit. The market action it's self will change your percentages on a daily basis by less than 1 percent either up or down.

EDIT to add: If your percentages are .00, then you made an IFT yesterday.

Remember that this method is used AFTER you have used up your 2 IFT's for the month.

 

[Guest2]

Re: <1%IFT Option

THE ANSWER IS YES YOU CAN MAKE A <1%IFT WHILE ALL PERCENTAGES ARE SHOWING xx.00% IN ALL FUNDS !

First, know this ! It counts towards your 2 limit for the month.
However, if you've used your 2 IFT's already then here's the breakdown.

You must remember that the TSP determines "share price" at the end of
the day, however, any IFT's will be calculated last / after the share price
has been determined. Next, your IFT counts towards tomorrow's trading
and must reflect the next days beginning share price.

With that said;

If your TSP Balance shows 50.00%(G) 25.00%(C) 25.00%(S) prior to noon on the day that you've decided to do a <1%IFT,,,,,,,,, then,,,,,,,,,

You can enter the SAME PERCENTAGES into the IFT Request page prior
to 12 noon. At the end of the day, the TSP will determine your gains and
losses for that day. After they do, your percentages would have changed
and would have been published the next day. However, you made a <1%IFT
before noon. Having already changed your Balance to reflect the days
change, the TSP will then adjust your balance to the percentages that
you requested before noon.

TO MAKE THIS EASIER TO UNDERSTAND, I'LL ATTEMPT TO DEMONSTRATE WHAT YOUR BALANCE WOULD LOOK LIKE AT EACH CHANGE.

* BEGINNING BALANCE BEFORE NOON: (G)50.00% (C)25.00% (S)25.00
* <1%IFT CHANGE ENTER BY NOON: (G)50% (C)25% (S)25%
* THE DAYS TRADING LEFT YOU WITH: (G)49.95% (C)25.03% (S)25.02%
* THE TSP DETERMINES YOU MADE A <1%IFT AND WON'T PUBLISH THE ABOVE PERCENTAGES.
* THE TSP TAKE YOUR ENDING DOLLAR BALANCE AND ADJUSTS IT TO REFLECT YOUR IFT REQUEST.
* THE TSP PUBLISHES YOUR NEW PERCENTAGES THE NEXT MORNING, THEY ARE;
* (G)50% (C)25% (S)25%

BY DOING A <1%IFT,,,, YOU FORCED THE TSP TO MOVE THE xx.02% and the xx.03% BACK INTO THE (G) FUND.

NORM, YOU ALWAYS WELCOME TO CONTRIBUTE YOUR ANSWERS TO QUESTIONS POSED TO ME BY OTHERS.

 

[Guest2]

Re: <1%IFT Option

Come Wednesday morning, my account percentages will look like this;

62.96%(G)
25.02%(F)
04.01%(C)
04.01%(S)
04.01%(I.)

I have already used up my two regular IFT's for the month of August. On
Wednesday, I gain the option to increase those 04.01%'s to 5% AND to
increase my (F) up to 63% by utilizing my <1%IFT method.

Imagine that, I can move a total of 3.95% out of the (G) Fund and into
the risk funds. ALL WITHOUT HAVING ANY REGULAR IFT's LEFT.

 

[nasa1974]

Re: <1%IFT Option

Come Wednesday morning, my account percentages will look like this;

62.96%(G)
25.02%(F)
04.01%(C)
04.01%(S)
04.01%(I.)

I have already used up my two regular IFT's for the month of August. On
Wednesday, I gain the option to increase those 04.01%'s to 5% AND to
increase my (F) up to 63% by utilizing my <1%IFT method.

Imagine that, I can move a total of 3.95% out of the (G) Fund and into
the risk funds. ALL WITHOUT HAVING ANY REGULAR IFT's LEFT.

?????????

 

[Guest2]

Re: <1%IFT Option

Being so close to the end of the month, it's not likely that I'll add to my risk.

Did I confuse you my young padawon ?

 

[KevinD]

Re: <1%IFT Option

Come Wednesday morning, my account percentages will look like this;

62.96%(G)
25.02%(F)
04.01%(C)
04.01%(S)
04.01%(I.)

I have already used up my two regular IFT's for the month of August. On
Wednesday, I gain the option to increase those 04.01%'s to 5% AND to
increase my (F) up to 63% by utilizing my <1%IFT method.

Imagine that, I can move a total of 3.95% out of the (G) Fund and into
the risk funds. ALL WITHOUT HAVING ANY REGULAR IFT's LEFT.

Didn't you intend to increase (F) to 26%? Not 63%?

 

[Guest2]

Re: <1%IFT Option

Didn't you intend to increase (F) to 26%? Not 63%?

Oooop ! Hate when that happens ! YES, THAT'S WHAT I MEANT !

SORRY NASA !
THANKS KEV !

It must be bedtime !

 

[Guest2]

Re: <1%IFT Option

<1%IFT made today to increase risk in stock funds and decrease risk in the bond fund.

My percentages will be as follows come Thursday;
(G)80%
(F)05%
(C)05%
(S)05%
(I.)05%
We're getting a good pop in the US Market, but the European Market looks to put a drag on my returns at this point !

 

[Guest2]

Re: <1%IFT Option

TIME TO FLY, BUT I'LL BE AROUND

 

[dannyboy]

Re: <1%IFT Option

That means you have nothing in the TSP! If you made contributions the money would have to go to a fund, included are the G, F, C, S, I, and the L funds. If you have no balance you can't make an IFT, if you do you can from any fund with a balance to any other.
Does that sound right SB? I didn't notice the question was for you, sorry>:embarrest:

Sorry for not explaining enough, but I am into 0ther computer work that entails many details that require my vigilant attention. To kill
down-time, I pop in here look at a few posts, think them over, then I go back to my programming assignments, etc. What I meant to say is:
Can you still use the <1%IFT if there is no cents in the balance of your IFT %'s? I mean like: G-fund 55.000.00, and F-66,000.00, and C-235,000.00, and S-455,000.00, and I-1,231,000.00?
I know that sounds pretty incredible, but yesterday 'or was it the day before?' that was the reading it gave me when I clicked the your balance selection. Later, not sure not how much that was?, the cents sign was different and I was able to make that change.
DB

 

[Handballer]

Re: <1%IFT Option

<1%IFT made today to increase risk in stock funds and decrease risk in the bond fund.

My percentages will be as follows come Thursday;
(G)80%
(F)05%
(C)05%
(S)05%
(I.)05%
We're getting a good pop in the US Market, but the European Market looks to put a drag on my returns at this point !

Good morning SB. Thanks again for the wonderful tip on the <1% information. Come Thursday mine will look like
(G) 85%
(F) 00%
(c) 4%
(S) 7%
(I) 4%

Earlier this month I had 75% in the G fund. As always, I pulled back just when the market started its current climb.

 

[nasa1974]

Re: <1%IFT Option

Sorry for not explaining enough, but I am into 0ther computer work that entails many details that require my vigilant attention. To kill
down-time, I pop in here look at a few posts, think them over, then I go back to my programming assignments, etc. What I meant to say is:
Can you still use the <1%IFT if there is no cents in the balance of your IFT %'s? I mean like: G-fund 55.000.00, and F-66,000.00, and C-235,000.00, and S-455,000.00, and I-1,231,000.00?
I know that sounds pretty incredible, but yesterday 'or was it the day before?' that was the reading it gave me when I clicked the your balance selection. Later, not sure not how much that was?, the cents sign was different and I was able to make that change.
DB

HB,

I can try to answer your question but I need some clarification. Are you talking shares per fund, dollars in the fund or the percent in each fund (that equals up to 100%)?
If you go back to the first couple of pages in this thread it may help clear things up.

 

[dannyboy]

Re: <1%IFT Option

EDIT to add: If your percentages are .00, then you made an IFT yesterday.

Thanks for this reply! Can you explain this? If I make a TSP 'in any given day', then later 'in any given day' I go to see if anything happened, whether it's that same day or the next, whatever, Why would the 99.00 or the cents column be.00 If not sure, that's just a little college math quisiosity, flaring up.Is it Calculas or Differential Equations, :blink: Hmmm . . .
DB

 

[KevinD]

Re: <1%IFT Option

EDIT to add: If your percentages are .00, then you made an IFT yesterday.

Thanks for this reply! Can you explain this? If I make a TSP 'in any given day', then later 'in any given day' I go to see if anything happened, whether it's that same day or the next, whatever, Why would the 99.00 or the cents column be.00 If not sure, that's just a little college math quisiosity, flaring up.Is it Calculas or Differential Equations, Hmmm . . .
DB

It's just luck if the dollar figure in any fund ends in .00 after a trading day. If all the dollar figures end in .00 after any given trading day then you better go buy a lottery ticket. :nuts:

 

[nasa1974]

Re: <1%IFT Option

EDIT to add: If your percentages are .00, then you made an IFT yesterday.

Thanks for this reply! Can you explain this? If I make a TSP 'in any given day', then later 'in any given day' I go to see if anything happened, whether it's that same day or the next, whatever, Why would the 99.00 or the cents column be.00 If not sure, that's just a little college math quisiosity, flaring up.Is it Calculas or Differential Equations, :blink: Hmmm . . .
DB

Sorry DB I hit the H instead of the D. :embarrest:

OK, I am guessing you are talking about the .00 in the fund percetages, i.e. G-50.00%, F-10.00% etc. When you make an IFT it has to be in even numbers, 10%, 37% or 2%. So it will look like 10.00%, 37.00% or 2.00% in your TSP account after the market closes and the bean counters make the change to your account. So the next day before the market closes again your percentages will end with a .00. The second business day after you make your IFT then the last two digits will have numbers in it instead of .00. It might look like 10.35% or 37.99% or maybe 2.36%. What causes this is that your shares stay the same, G-3456.2784 the price of the fund has increased so it forces your percentage to change from .00 to a .35 as an example. Does this make sense? Now when you make another IFT the last two digits will be .00 again.

 

[Viva_La_Migra]

Re: <1%IFT Option

EDIT to add: If your percentages are .00, then you made an IFT yesterday.

Thanks for this reply! Can you explain this? If I make a TSP 'in any given day', then later 'in any given day' I go to see if anything happened, whether it's that same day or the next, whatever, Why would the 99.00 or the cents column be.00 If not sure, that's just a little college math quisiosity, flaring up.Is it Calculas or Differential Equations, :blink: Hmmm . . .
DB

Don't ask me, I had trouble explaining to my oldest how to add fractions yesterday!

 

[WorkFE]

Re: <1%IFT Option

Right on the money NASA and it forces the right side of the decimal money into the direction you want it to go. Make no mistake, it is never greater than 99 cents but in a month it can add up to a share or more.

 

[Guest2]

Re: <1%IFT Option

Come Thursday mine will look like
(G) 85%
(F) 00%
(c) 4%
(S) 7%
(I) 4%
As always, I pulled back just when the market started its current climb.

Brother, I know what'cha mean ! Been there done that, for sure !
The (F) Fund has been on a rampage for me lately and I lowered it today !
I liked the way the market resisted the temptation to drop after 1PM !

What causes this is that your shares stay the same, G-3456.2784 the price of the fund has increased so it forces your percentage to change from .00 to a .35 as an example. Does this make sense? Now when you make another IFT the last two digits will be .00 again.

I think your right on the money ! It's not likely that Dannyboy saw the
dollar amounts change to xx.00 UNLESS he did a IFT the day before.
Therefore, I figure he saw the percentage change to xx.00%.

Don't ask me, I had trouble explaining to my oldest how to add fractions yesterday!

I feel ya, math always makes things more difficult then they need to be ! :nuts:

Make no mistake, it is never greater than 99 cents but in a month it can add up to a share or more.

Dont'cha love it when things add up. Shares and Money,,,Shares and Money !!!!!