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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (30303)10/5/1998 11:31:00 AM
From: Terry Whitman  Read Replies (1) | Respond to of 94695
 
<<Hi Terry, your explanation re: CSRS and FERS is, as far as I can tell, accurate, except for the following statement:

>>>They can change their allocations 12 times per year.<<<

Now I've been wrong before.... but, I think we're just confused on the definition of allocations. The amount a federal employee puts into their TSP can only be changed during open seasons (twice a year). They can, however redistribute the allocations between the 3 funds up to once a month (12 times per year). More info @ tsp.gov

Regards,
TW



To: Ilaine who wrote (30303)10/5/1998 12:19:00 PM
From: Joseph G.  Read Replies (1) | Respond to of 94695
 
<<he can only change asset allocations between the funds twice a year>>

asset allocation (as in new premium allocation) is one thing, and asset transfer between accounts are two different things. Just want to make sure you two are talking about the same ...