weatherweenie's account talk

Ho wow, Weather,
Just a quick read, I see questions:
1st - What's this sentence mean?

"After a participant has made two
interfund transfers in a calendar month,
the participant may make additional
interfund transfers only into the
Government Securities Investment (G)
Fund until the first day of the next
calendar month."
-how many IFTs is that - 3? or 30??

Next,
"Regulatory Flexibility Act
"I certify that this regulation will not
have a significant economic impact on
a substantial number of small entities. It
will affect only Thrift Savings Plan
participants and beneficiaries."
- if "small entities" does not include, individual TSP shareholders," then whom does this Act refer to??
:blink::sick::rolleyes:

We do appreciate the post though!
VR
 
Hessian, tho I don't pretend to be WW, I think the phrase to focus on is the phrase "substantial number of". Even if "we" did count as "small entities", which I don't think we do per this regulation, "we" are not a "substantial number" by their calculations.

And my understanding of the usage of "small entities" refers to businesses, municipalities and such with "small market caps" :suspicious:.
 
Well, Ebbchart and similar pay for TSP advice services are probably small entities that will be harmed by the action. Although, given Ebb's recent forecasts, he isn't apt to see much new business anyway....
 
Got my final delivery notice, Tuesday, from the FTRIB.

We'll see what happens come April 1st. I still think they will lock me out, inspite of me not accepting delivery of 'the letter'.
 
Got my final delivery notice, Tuesday, from the FTRIB.

We'll see what happens come April 1st. I still think they will lock me out, inspite of me not accepting delivery of 'the letter'.

Sorry to hear it Weatherweenie. We need to have a investment strategy
set in place come 12noon on 3/31/08. At least until they impliment the
Restriction Software which they say could take until May or After. If it's
the Gov't, you can count on "well after". Good Luck !
:mad:
 
In case nobody has posted this, but I just tried doing an IFT and received this message:

Attention: Your account has been restricted because you made more than three interfund transfers in February 2008. The TSP informed you of this restriction by certified letter dated March 13, 2008. Consequently, you may not request an interfund transfer using the TSP web site. Instead, you must request your IFT by mail using an Investment Allocation form
 
In case nobody has posted this, but I just tried doing an IFT and received this message:

Attention: Your account has been restricted because you made more than three interfund transfers in February 2008. The TSP informed you of this restriction by certified letter dated March 13, 2008. Consequently, you may not request an interfund transfer using the TSP web site. Instead, you must request your IFT by mail using an Investment Allocation form

As expected, inspite of not signing for 'the letter' they have blocked my online access.
 
I posted in another section on the mb that I called up the thriftline yesterday to ask whether I could use the thriftline rather than mail.

the answer was no, I had to use the mail and it was permanent.

The rep I was talking to said they ahd been told that the mail option was permanent for the few who violated the edict.

I'm hoping that is wrong.

I did try to follow the 3/month rule but screwed up and did an extra one in Feb. as I lost count. Never went into I (the problem child) and was only making small xfers (20% or less).

If these guys aren't government bureaucrats they sure act like it. And if they have a counter already in place why not make it available on the website so we know where we stand on xfers.

It's not rocket science!

Mark
 
In case nobody has posted this, but I just tried doing an IFT and received this message:

Attention: Your account has been restricted because you made more than three interfund transfers in February 2008. The TSP informed you of this restriction by certified letter dated March 13, 2008. Consequently, you may not request an interfund transfer using the TSP web site. Instead, you must request your IFT by mail using an Investment Allocation form

Called TSP to get the TSP-50 forms sent out. I asked them to send 10. They said they would send 3 and that I could make photocopies if I needed more.

I asked them if photocopies of the TSP 50 would be accepted, especially since it says on the TSP website that you can't print/download a TSP-50 online due to the fact the form needs to be optically scanned.

Anyway, the girl said photocopies 'should' work. :laugh:
 
Just for giggles I sent a fax and asked for 100 copies... They arrived 3 days later in teo envelopes. Must have cost a bit to send them..

John
 
The rep I was talking to said they ahd been told that the mail option was permanent for the few who violated the edict.
Mark
Oh, that's nice. Yet another discrepancy between what they sent out, what they are saying, and what they are doing.
Sounds to me like it's goddamn LAW SUIT TIME!!!!:mad:
Sign me up, please. What happened to the injunction?! If this is some (obviously incompetent) private company running this mockery, an injunction followed by civil suit +/- criminal charges shouldn't be to difficult, should it?
 
Just for giggles I sent a fax and asked for 100 copies... They arrived 3 days later in teo envelopes. Must have cost a bit to send them..

John

What number did you send the fax to?

Did you fax them something like, Dear TSP Nazi, would you please send me 100 copies of form TSP-50, seeing as the TSP Nazi Board has unlawfully hijacked my TSP account. Seig Heil and have a nice day.
 
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