Sadly the TC550 is outdated for the new motherboards, and graphics cards. Its lack of a 24 pin ATX connector, and lack of dual 12v rails hurts it. For the new tech you will want a PSU with ATX 2.01 specs.
About your low rails. What are you using to measure that voltage? If you are using a program like Motherboard Monitor or Speedfan, those read the voltages off the motherboard sensors which are known to be inaccurate. A digital multimeter is the only reliable way to measure rail voltages.