Did FEDweek post info on petition to increase the TSP IFT’s from 2 to 4 per month?


See petition here: https://petitions.whitehouse.gov/petition/allow-4-free-interfund-transfers-month-thrift-savings-plan
and vote for a chance of a better retirement.

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Posted by (Questions: 1, Answers: 0)
Asked on February 17, 2017 12:58 am
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Petition text:

“In 2008 the Thrift Savings Plan (TSP) changed the policy concerning interfund transfers (IFTs) from unlimited trades to two trades, although allowing a final trade into the G Fund. This policy prevents government employees and military members from being in control of their own retirement account.

This policy needs to be amended to allow 4 free IFTs per month, while always allowing a last free IFT into the G Fund. Additional IFTs (More than 4 IFTs) should be allowed for a fee commensurate with industry standards.

Give back to government employees and military members control over their retirement account. It is their money after all.”

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Posted by (Questions: 12, Answers: 15)
Answered on February 17, 2017 1:00 am