Q. I just read in Federal Times online that the TSP G Fund might be cut out completely. I am 100 percent invested in it. I have about 6-7 years until I retire. I have $68,000 in it currently. I cannot afford for that to be taken away from me. What happens to my money if Congress gets rid of it? Do I lose all my money?
A. I estimate the probability of you losing your G Fund investment something near zero. The concern is that the G Fund will be replaced with a money market fund, or something similar, in its place. While this would be a significant blow to the future performance of participant accounts, it does not mean that there is a serious risk of losing your existing investment.
