Transfering my funds

[JSRoss01]

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When I Transfer from one fund to another, Lets say today, Are the Percentages applied to todays rates at the closing? I.e. I transfer From the I fund at a $1.00 today to the G Fund. I lost .25 cents ddid I make the change in time not to lose?

 

[Guest]

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I just went through an effort figuring that out. Here’s how they do it when your request is made prior to 11 AM Central Time or 12 PM Eastern Time:
The day's new share prices (losses & gains) apply first then TSP reallocates the new percentages you requested using your total account balance that evening. They do add the caveat “ordinarily.” Here’s how they state it:

When will my interfund transfer be effective?
If you request an interfund transfer on this Web site or the ThriftLine before 11:00 a.m., central time, your request will ordinarily be processed and posted to your account at the close of business on that day. Requests made after 11:00 a.m., central time, will ordinarily be processed and posted to your account at the close of business on the following business day. If you use Form TSP-50, your request will generally be processed and posted to your account within two business days of the day it is received by the TSP.

 

[JSRoss01]

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Wonder Woman, Thank you for your reply, What agency do you work for? and where can I get one of those cool Insignia?

 

[Guest]

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JSRoss01, You are welcome. Did you see in the new forum, Buy_Sell_Trade, that I put my soul up for sale? I cannot afford to say what agency I work for and have the agency identify me. I would feel restrained as time went on. Besides I don’t want the agency to know what I look like on my dress-down days. As far as the avatar is concerned, see:http://www.tsptalk.com/mb/forum13/676.html

 

[JSRoss01]

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Mabe You can help me to clarify something.

on the 15th I transfered from the C 25%, S 50%, and I 25%funds to G 40% and C 60% Effective on the 16th. I was out yesterday so I am not sure how the market did. Today I checked and it seems yesterday the maket did well for the C,S, and I funds how could I have ad a loss of about$10.00?

 

[Guest]

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JSRoss01 wrote:

Mabe You can help me to clarify something.

on the 15th I transfered from the C 25%, S 50%, and I 25%funds to G 40% and C 60% Effective on the 16th. I was out yesterday so I am not sure how the market did. Today I checked and it seems yesterday the maket did well for the C,S, and I funds how could I have ad a loss of about$10.00?

The C fund was down on the 16th .08 cents per share...........

 

[JSRoss01]

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I see :shock:Thanks

 

[JSRoss01]

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Wonder Woman thanks I did it.

 

[Guest]

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JSRoss01 wrote:

Wonder Woman thanks I did it.