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Interfund Transfer vs Contribution Change
- Thread starter tsptalk
- Start date
imported post
As I was reading the conversation I realized that I had not made changes to the allocation section. Does the allocation section accept something other than whole percentages? For some reason the interfund section does not have whole percentages and I am not quite sure how that happened. Any suggestions?
As I was reading the conversation I realized that I had not made changes to the allocation section. Does the allocation section accept something other than whole percentages? For some reason the interfund section does not have whole percentages and I am not quite sure how that happened. Any suggestions?
imported post
TechMan wrote:
To my knowledge, there is no charge for transactions. Just a small percentage annual fee, like a mutual fund, that everyone pays whether or not you make a transaction. Now I could be wrong when it comes to uniformed members.
If you find something that states otherwise, please let us know.
Thanks.
Tom
TechMan wrote:
Welcome TechMan!
To my knowledge, there is no charge for transactions. Just a small percentage annual fee, like a mutual fund, that everyone pays whether or not you make a transaction. Now I could be wrong when it comes to uniformed members.
If you find something that states otherwise, please let us know.
Thanks.
Tom
imported post
CheapShot wrote:
I always recommend a change.
For tomorrow, 6/29, I am going 30% G, 40% C and 30% S.
I haven't updated it yet, but here is a history of the allocation changes for 2004... [url]www.tsptalk.com/allocation.html[/url]
Tom
CheapShot wrote:
Welcome CheapShot!
I always recommend a change.
For tomorrow, 6/29, I am going 30% G, 40% C and 30% S.I haven't updated it yet, but here is a history of the allocation changes for 2004... [url]www.tsptalk.com/allocation.html[/url]
Tom
CheapShot
Member
imported post
With the June 30th deadline approaching you don't reccomend acontribution change? I have a balance of 127,000 and change,and I have 100%going into the C Fund. I changed my allocation thisAM to 60 C-Fund, 10 S-Fundand 30 I-Fund. Then Iwas searching the Web when I found this site. I'm registered now and am looking forward to participate.
With the June 30th deadline approaching you don't reccomend acontribution change? I have a balance of 127,000 and change,and I have 100%going into the C Fund. I changed my allocation thisAM to 60 C-Fund, 10 S-Fundand 30 I-Fund. Then Iwas searching the Web when I found this site. I'm registered now and am looking forward to participate.
imported post
That is right PR! And in that case your new contribution isa large percentage of your balance so I would recommend changing your contribution allocationwhen you do an interfund transfer.
If your balance was $100,000 and you were putting in $50 a pay period, it would not be as important to change the allocation of the contribution.
Tom
That is right PR! And in that case your new contribution isa large percentage of your balance so I would recommend changing your contribution allocationwhen you do an interfund transfer.
If your balance was $100,000 and you were putting in $50 a pay period, it would not be as important to change the allocation of the contribution.
Tom
puertorico
Member
imported post
...if I have $100 in G- "interfund allocAtion"
...The next pay check I put $50-C "contribution allocation"
...then I request and interfund transfer to IFUND,THAts means
all my money go to I fund $150 plus earning or losses
But the new money coming from my pay check till go
to C-$50 :CONTRIBUTION ALLOCATION "NEW MONEY"
balance:
$150-I ,plus earning and losses in I
$50-C "NEW MONEY FROM PAY CHECK" STILL GO TO C
right or wrong ?
...if I have $100 in G- "interfund allocAtion"
...The next pay check I put $50-C "contribution allocation"
...then I request and interfund transfer to IFUND,THAts means
all my money go to I fund $150 plus earning or losses
But the new money coming from my pay check till go
to C-$50 :CONTRIBUTION ALLOCATION "NEW MONEY"
balance:
$150-I ,plus earning and losses in I
$50-C "NEW MONEY FROM PAY CHECK" STILL GO TO C
right or wrong ?
imported post
Let's say my contribution allocation is 50% C 50% S. But I just did an interfund transfer to 100% G. At that point, my entire balance will be in the G fund. If I don't make an interfund transfer for a month,I would have new money going into the C and S fund every time I waspaid. If I was still wanting to be in the G fund, I may go in and do another interfund transfer at that point to movethe entire balance (including the small amount that had been going into C and S) intothe G fund.
If you have a small balance relative to your contributions, you may want to change both. If you have accumulated a significant balance, your contributions make up a much smaller percentage of your total balance and it is not as important to do this.
Tom
I rarely do a contribution change. A contribution change only changes the allocation of your payroll deductions, not your entire balance as an interfund transfer does. Every time you do an interfund transfer, your entire balance gets moved. Since I make so many interfund transfers, I don't have a need to do a contribution change.
Let's say my contribution allocation is 50% C 50% S. But I just did an interfund transfer to 100% G. At that point, my entire balance will be in the G fund. If I don't make an interfund transfer for a month,I would have new money going into the C and S fund every time I waspaid. If I was still wanting to be in the G fund, I may go in and do another interfund transfer at that point to movethe entire balance (including the small amount that had been going into C and S) intothe G fund.
If you have a small balance relative to your contributions, you may want to change both. If you have accumulated a significant balance, your contributions make up a much smaller percentage of your total balance and it is not as important to do this.
Tom
