IF YOU WANT MORE IFTs PER MONTH, AND ARE WILLING TO DONATE TO A LEGAL FUND FOR THAT PURPOSE, PLEASE POST "I'm in" TO THIS THREAD.
Perhaps we will be able say to our grandchildren . . . sometimes you just got to take a stand - and know that you have, infact, walked the talk.
Thanks Skypilot #59
and Cybernaut your #60.
I'm posting the below reference, again. You should read it. It was published at the time of the entry of the, then new 2008 IFT restriction rule, into federal register. The read is long, but it throughly makes their argument and refutes many of the disscenting comments I had considered. Nonetheless, they dismiss all dissent as is was their forum - and no one could effectively challege them. I invite you to re-visit their comments. Our injunction will see them again.
My take is that, even if I bought all their facts and arguments are true, I still know I have lost literally thousands of my dollars because of the chilling effect that so few a number of IFTs causes all its members.
It is clear to me, an IFT clearly shouldn't make you endure a nearly 30% loss, or more, of your whole retirement as did happen to some members in 2008, because you were afraid to go to G for safeharbor, as you would be stuck there for the remain month, and thus loose any following rally.
Further, we paid a handsom fee of $41million for that internet based system, only to have our ability to move our retirement one more time than the old paper based system that allow one IFT per month, if we had our request was received in the mail by the 15th of the month, and effective on the follow 1st of the next month.
http://www.myfederalretirement.com/public/253.cfm