Allocations

[oneyoungbuck]

imported post

Just wanted to know about allocation changes. If they are done by noon eastern time does that mean they are effective that day?

thank you.

 

[tsptalk]

imported post

No, the next day. And if you miss the deadline, it would be the following day.

Transfer Monday 11:45 AM ET, will be effective Tuesday morning.

Transfer Monday 12:15 PM ET, will be effective Wednesday morning.

 

[Rolo]

imported post

From TSP Interfund Transfer page:

An interfund transfer requested by 11:00 a.m. central time on a business day will generally be processed that night. The new investment percentages can be viewed online the next business day.


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[align=left]All this time I have been thinking it took two days. Perhaps I fell outside the "generally" part of generally be processed that night.[/align]