Tag: G Fund

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 »

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 »

Withholding G Fund Payments to Avoid the Debt Ceiling

By on January 18, 2012 in Retirement with 0 Comments

The G fund is again being used as a stop-gap measure to avoid the federal government hitting the debt ceiling for the second time in a few months.

Continue Reading »

What Happens to Your TSP Funds If the Debt Limit is Not Raised?

By on April 28, 2011 in Pay & Benefits with 0 Comments

The next political debate on the federal debt will be the question of raising the debt ceiling which is currently about $14.3 trillion. Since this ceiling will be reached in a short time, and since Congress has not yet voted to raise the debt limit, what will be the impact on federal retirement funds while the debate continues?

Continue Reading »