brundylop t1_jaeuvs1 wrote on February 28, 2023 at 10:47 PM

Reply to Can someone help me understand 4-week Treasury Bill interest rate? by hamta_ball

Your 99.65 investment went up to 100.00 in 28 days.

That is a 0.351% increase in 28 days. To annualize it, multiply by 365.25 and divide by 28

Which comes out to 4.58%

brundylop t1_jadiwwj wrote on February 28, 2023 at 5:38 PM

Reply to Question about buying tbills through treasury direct by bitterwrecker

Correct. You won’t know the exact yield/interest rate until after the auction. But it will be close to the values listed on the website

https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates&field_tdr_date_value_month=202302

brundylop t1_jaddz77 wrote on February 28, 2023 at 5:07 PM

Reply to comment by RoadsterTracker in Quitting job soon - anything I should do now with 401k before resigning? by cantnap

For people whose income is above the Roth IRA eligibility threshold, a Traditional Rollover IRA will limit their ability to perform a Backdoor IRA conversion due to the pro-rata rule

brundylop t1_j23yxon wrote on December 29, 2022 at 2:19 PM

Reply to comment by mommycorinneBG in Girlfriend is changing jobs. Should she move her 401K into the TSP? by buskingengineer

> There's a lot more choices for TSP.

This cannot be true. The TSP only offers 5 funds (G S C F I) and Target Date Funds. But they are good funds with low expense ratios.

Brokerages like Vanguard offer well over fifty. Fidelity has hundreds.

I also find it super weird that the performance of your TSP and IRAs varied so wildly. It sounds like you invested in very different things

If you invested most of your TSP in the C Fund, and most of your IRA in a SP500 index, they performance should be almost the same, since they track the same SP500 index