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Can you clarify the "when do you see your contributions online?" question?

LES showed that I had TSP deduction for January and for February. Finally got my PIN number to work and "account access" (as of 10 Mar) only shows one contribution to TSP (balance is approximately 1 contribution).

Will I not be able to see my Feburary contribution until 5 April? Is this situation ever going to change so that we have a little more real time vis on our accounts?

Hi, Jim

I wish I could give you a firm answer on this (more that just a general "I think things will get better once the bugs are worked out" statement, true though that may be).

The way I am thinking it works now, your contribution is taken out of your pay on the 15th and on the 1st of each month; right after the first, these contributions sent by DFAS to TSP. (What happened to your 15th check those two weeks? Maybe it contributed to the federal budget deficit). I believe that eventually (and it should be sooner rather than later) all contributions will be sent from DFAS to the NFC (the TSP record keeper) within one or two days after they are made. From that point, your money will be in the funds, earning interest. However, your actual account values will not reflect any change until the following month, since TSP valuations are only changed once per month. So your account value in early April should reflect at least all your contributions through March 1st, and probably March 15th as well.

TSP plans to go to "daily valuation" in the future (probably 2003 if we're lucky). After that happens, all contributions should hit the accounts within a day or two after they are made and immediately be reflected in the balances.

I know that this does not exactly repreaent an ideal solution; all they can apparently tell us at this point is they are working on it.

Mike L.

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