Return to Article: TSP begins permanent open season

By Karen Rutzick krutzick@govexec.com July 15, 2005
  • 11726

    The open season was eliminated. That has nothing to do with the IRS annual limit.

    GovExec.com reader Posted August 19, 2005 8:57 AM
  • 11026

    Are we limited to the maximum of 15% or are we now allowed to increase to a higher percentage to be taken out for TSP?

    Dennise A. Jones Posted July 18, 2005 9:35 AM
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    Many of the people I work with look at their TSP contibutions into common stocks as a way to "play" the market. This totally is againt the buy and hold philosophy and will result in much more chunning of accounts based on expectation changes. This churnning will increase the cost of managing the program and lower returns for all involved. I think TSP immediately should place a cost on each transfer of existing balances between funds to discurage petty movements that increase costs for all of us and reduce returns. Likewise, those involved in the debt funds should not be charged for the costs incurred by those that transfer between funds frequently! The bottom line is that there must be a transfer cost or there is no reason not to change accounts frequently and churn the accounts.

    TSPer Posted July 18, 2005 8:41 AM

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TSP begins permanent open season
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