As of January 23, 2023, the U.S. Treasury was unable to fully invest the Government Securities Investment (G) Fund due to the statutory ceiling on the federal debt.
However, G Fund investors remain fully protected and G Fund earnings are fully guaranteed by the federal government.
This statutory guarantee has effectively protected G Fund investors many times over the past 30 years. G Fund account balances will continue to accrue earnings and will be updated each business day, and loans and withdrawals will be unaffected.
Learn more about the debt limit on the U.S. Department of the Treasury website.