I have no other retirement accounts this is it for me. I also know almost little about this. I am a little confused on the Interfund Transfer and the Contribution Allocations? In order to ensure all my money is in the S Fund, I need to do and Interfund transfer and Contribution allocation at 100% the S-Fund Correct?
Exactly – to have everything in the TSP S Fund you would need to conduct both an interfund transfer to move all of your existing balances to the S Fund, and also change your contribution allocation so all of your future contributions go the S Fund as well.