TSP: Your G Fund Is Safe

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By on March 18, 2015 in Current Events with 10 Comments

The TSP released this statement today about the debt limit and the G Fund:

As of yesterday, March 17, the U.S. Treasury was unable to fully invest the Government Securities Investment (G) Fund due to the statutory ceiling on the Federal debt. However, G Fund investors remain fully protected, and G Fund earnings are fully guaranteed by the Federal Government. This statutory guarantee has effectively protected G Fund investors many times over the past 25 years. G Fund account balances will continue to accrue earnings and will be updated each business day, and loans and withdrawals will be unaffected. To learn more, visit “The G Fund and the Debt Limit.”

See also: Funding the Federal Government with the G Fund

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Ian Smith is one of the co-founders of FedSmith.com. He enjoys writing about current topics that affect the federal workforce.