Contributions are invested in the Federated Government Obligations Fund* (pdf) upon receipt and as soon as administratively possible invested according to the investment instructions of each participant in the Investment Choice plan or the designated funds for the Classic plan.
Additional information regarding contributions invested in the Federated Government Obligations Fund is available in this notice (pdf).
*Note: This replaced the FBR Fund for Government Investors on Feburary 1, 2008.