Q. I recently attended a U.S. Postal Service retirement seminar not sponsored by the USPS. While good information was given relating to how FERS, the SRS and the TSP work, at the end of the meeting the speaker mentioned the option of rolling over your TSP into what he called a “G-C Fund” that he said will never lose money. Do you know about this? I can’t find anything online about it and I’m skeptical.
A. Maybe it refers to a guaranteed income contract. You already have access to an excellent guaranteed investment in the G Fund, however, and you should be reluctant to fall for what I’m confident was a sales pitch.