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Mastering the Art of Swift INTERFUND TRANSFERS: Quick Guide to TSP 101

Want to change your investments in the Thrift Savings Plan (TSP)? Here is how to do a TSP Interfund Transfer. An interfund transfer (IFT) allows you to change the way money ALREADY in your account is invested. IMP: You are allowed two IFTs in a calendar month. After that, you can only transfer money into the G Fund. // VIDEOS & RESOURCES + Video "Check your TSP for these 3 things!" - + Learn about efforts to create an ecosystem of diverse leadership talent in Congress: //THANK YOUS + This CONGRE$$ Series was made possible by Democracy Fund Voice. Very grateful for their support! //SAY HI Add me on Instagram: @Melissa_Dargan Twitter: @Melissa_Dargan // BUY THE EQUIPMENT & THINGS I LOVE Mic 🎤 : White/Gold Plant Pots (cylinder): White/Gold Plant Pots (round): //ATTRIBUTION Icons (Like, Subscribe, Bell etc): Sounds: //CONTACT For all subscribers and business inquiries, please use this email: askmelnmoney@gmail.com //DISCLAIMER The content on my YouTube videos and other social media platforms is for educational purposes only and is based on my personal opinion. It's not meant to be investment or professional financial advice. I am not a TSP advisor, financial advisor, certified accountant or a tax professional. You should do your own research and speak to a licensed professional for financial or tax decisions if necessary. Remember that investments involve some form of risk and there is no guarantee that you will be successful in making, saving or investing money; nor is there any guarantee that you won't experience any loss when investing. Also FTC Legal Disclaimer, links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! It's just one more way to support me and my channel so I can continue to provide you with free content each week!...(read more)
LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing
How to do an INTERFUND TRANSFER in 3 MINUTES | Thrift Savings Plan (TSP) 101 The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal employees and members of the military. It offers various investment funds to choose from, allowing participants to allocate their contributions to different funds based on their risk tolerance and investment goals. One of the key features of TSP is the option to perform an interfund transfer, which allows participants to move funds between different investment options within the plan. If you are looking to do an interfund transfer and want to learn how to do it quickly, read on. Step 1: Access your TSP account The first step to perform an interfund transfer is to log in to your TSP account. You can access your account online by visiting the official TSP website and entering your login credentials. If you don't have an online account, you will need to create one before proceeding with the transfer. Step 2: Navigate to the interfund transfer tool Once you have logged in to your TSP account, navigate to the section where you can perform an interfund transfer. On the TSP website, this is typically under the "My Account" or "Manage my investments" tab. Look for an option that specifically mentions interfund transfers. Step 3: Choose the funds for transfer In this step, you will need to select the funds you want to transfer from and to. The TSP offers various investment funds, such as the G Fund (Government Securities Investment Fund), F Fund (Fixed Income Index Investment Fund), C Fund (Common Stock Index Investment Fund), and more. Choose the funds according to your investment strategy and risk tolerance. Step 4: Allocate the amount to transfer After selecting the funds, you will need to allocate the amount you want to transfer from one fund to another. This can be done by specifying either a dollar amount or a percentage of your account balance. Make sure to double-check the allocation to ensure it matches your intended transfer amount. Step 5: Confirm and submit Once you have completed the allocation, review the details before submitting the transaction. Ensure that the funds and transfer amount are accurate. After confirming, submit the interfund transfer request. Congratulations! You have successfully completed an interfund transfer in just a few minutes. It's important to note that the transfer may take a few days to process, so keep an eye on your account to ensure the transfer goes through as expected. Interfund transfers within the TSP are generally free to participants, allowing for flexibility and ease in managing your investment portfolio. However, keep in mind that there are restrictions on the frequency of transfers, so be sure to familiarize yourself with TSP guidelines to avoid any limitations or penalties. In summary, if you're a TSP participant looking to perform an interfund transfer, it can be done swiftly and efficiently in just a few minutes. Access your TSP account, navigate to the interfund transfer tool, select the funds, allocate the amount, confirm the details, and submit. Make the most of the diverse investment options the TSP offers by regularly reviewing and adjusting your investments as needed to align with your long-term financial goals. https://inflationprotection.org/mastering-the-art-of-swift-interfund-transfers-quick-guide-to-tsp-101/?feed_id=146280&_unique_id=652ce26581ae7 #Inflation #Retirement #GoldIRA #Wealth #Investing #ThriftSavingsPlan

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