Ask The Experts: Money Matters

By Mike Miles

TSP timing

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Q. I am a Postal employee contributing to the 2030 Life Cycle Fund. I would like to know when my stock market shares are purchased. Is it before the market opens on payday Friday, during that day or after the market closes that Friday?

A. The purchased is made using the end of day valuation on the day the contribution is received by the Thrift Savings Plan. Ask your payroll office when their TSP contributions are processed.

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