Attention G Fund investors: The federal government has exhausted its ability to borrow more money and will hit the debt ceiling. Your investment will be used to help finance more borrowing.
The author says that Social Security should be at the top of the Treasury Secretary’s priority list, but that it appears it may not be.
The debt ceiling and its impact on the G Fund may concern some investors. TSP stock funds are down in September. Here is a summary.
The Federal Government is running out of money. It usually just borrows a lot more. Now, it cannot do that. Here is where the TSP’s G Fund steps in to help.
The government is using two federal employee retirement accounts to avoid hitting the debt ceiling as the country’s debt continues its steady growth.
The CBO projects in a new report that the government will run out of money sooner than expected. Measures to offset the debt limit can impact federal employees.
The Treasury Department has announced it will no longer be able to fully invest in two federal employee retirement funds to avoid hitting the debt ceiling.
The government is once again about to reach the debt ceiling, and “extraordinary measures” would likely be used with federal employee benefits to offset it.
The possibility of a government shutdown has been put on the table. What does this mean for your paycheck?
The Treasury Secretary says the government needs authority to borrow more money by September 29th. Could federal pension payments be suspended after this date?
