thrift savings planApr 24 2008 12:19 pm
FTB Limits TSP Interfund Transfer Requests
From the Federal Register
The Federal Retirement Thrift Investment Board (Agency) amends its interfund transfer (IFT) regulations to limit the number of interfund transfer requests to two per calendar month. 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.
This rule is effective on May 1, 2008.
May 2nd, 2008 at 5:11 am
Another way to put the screws to those who care and track their retirement account. Worst case scenario is that we should have a trading fee and then that would take care of the cost to trade funds, but an arbitrary maximum two trades per month is absurd!
May 5th, 2008 at 9:52 pm
Most of the time, it is better to leave TSP alone, and take advantage of cost averaging.