Tag: Debt Ceiling

Government Begins Borrowing from the G Fund to Offset Debt Ceiling

By on March 21, 2017 in Pay & Benefits with 0 Comments
Government Begins Borrowing from the G Fund to Offset Debt Ceiling

The Treasury Department is having to use “extraordinary measures” to offset hitting the debt ceiling, and that includes using money from the G Fund to help pay for government operations.

Continue Reading »

Debt Ceiling Looms… Again

By on October 11, 2016 in Retirement with 0 Comments
Debt Ceiling Looms… Again

Borrowing money has become commonplace for the federal government to fund its operations. What is this likely to mean for future tax rates? The author provides an analysis.

Continue Reading »

Social Security, the Debt Ceiling and Partisan Politics

By on October 27, 2015 in Retirement with 0 Comments
Social Security, the Debt Ceiling and Partisan Politics

What impact does the debt ceiling have on Social Security? Social Security will have money to pay the check. Will the rest of the government will have the money to mail it?

Continue Reading »

Funding the Federal Government with the G Fund

By on March 8, 2015 in Pay & Benefits with 0 Comments

As we quickly near the latest debt ceiling limit for the federal government, the G fund will again by eyed as a temporary way to continue government spending.

Continue Reading »

TSP: G Fund Balances Will Be Unaffected by Debt Ceiling

By on February 11, 2014 in Pay & Benefits with 0 Comments
TSP: G Fund Balances Will Be Unaffected by Debt Ceiling

The TSP issued a statement saying that balances in the G fund will be unaffected by the recent steps the Treasury has taken to avoid hitting the debt ceiling.

Continue Reading »

Borrowing from the G Fund (Again) to Offset the Debt Ceiling

By on February 5, 2014 in Retirement with 0 Comments

The debt ceiling limit will again be reached on February 7th so the government will take “extraordinary measures” to fund the government. This means that retirement assets of federal employees, including the TSP G fund, will again be used to help fund government expenses.

Continue Reading »

The Debt Ceiling and Your Retirement Funds

By on October 14, 2013 in Retirement with 0 Comments

Investors in the TSP’s G fund could be considered patriots for having their retirement investments used to help with the nation’s debt. Unfortunately, it isn’t voluntary as the government uses these funds to finance the debt because it has the authority to do so.

Continue Reading »

The National Debt and How it Impacts Your Retirement and the G Fund

By on May 22, 2013 in Retirement with 0 Comments

Another few months have passed since the debt ceiling was raised and time for another raise in our debt. How will your retirement annuity payments and your G fund investments be impacted?

Continue Reading »

Government Will Borrow From Federal Employee Pension Fund to Avoid Passing Debt Limit

By on January 15, 2013 in Pay & Benefits with 0 Comments

Treasury Secretary Timothy Geithner said that the government has begun borrowing from the federal employee pension fund to keep operating without passing the approaching debt limit.

Continue Reading »

TSP Director Confirms Potential Deferral of G Fund Payments

By on January 7, 2013 in Pay & Benefits with 0 Comments

TSP Executive Director Greg Long said in a recent letter to TSP participants that in the event of hitting the debt ceiling, it is possible that the government can use money from the G fund to help pay the federal debt.

Continue Reading »

Top