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| Figment Of My Own Imagination  |
TSP is 4% matching to your 5% contribution. | |||
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Armed and Gregarious |
 "As a FERS or BRS participant, you receive matching contributions on the first 5% of pay that you contribute each pay period. As the table below shows, the first 3% of pay that you contribute will be matched dollar-for-dollar; the next 2% will be matched at 50 cents on the dollar. Contributions above 5% of your pay will not be matched. If you stop making regular employee contributions, your matching contributions will also stop. " ___________________________________________ "He was never hindered by any dogma, except the Constitution." - Ty Ross speaking of his grandfather General Barry Goldwater "War is the remedy that our enemies have chosen, and I say let us give them all they want." - William Tecumseh Sherman | |||
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| Armed and Gregarious |
Plus the automatic 1% agency contribution. You must contribute a minimum of 5% to get the entire 5% amount from the agency. 1% agency automatic contribution, plus 4% matching funds, for a total of 5% from the agency. Despite the semantics of the 1% versus the 4%, most people just refer to the entire 5% contribution by the agency as "matching" funds. ___________________________________________ "He was never hindered by any dogma, except the Constitution." - Ty Ross speaking of his grandfather General Barry Goldwater "War is the remedy that our enemies have chosen, and I say let us give them all they want." - William Tecumseh Sherman | |||
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| Member |
A lot of people don't know about the automatic 1% contribution, or the TSP in general. It's surprising considering how important the TSP is to a fed retirement. | |||
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Member |
I never liked the GEHA plan. I was always a fan of the Mail Handlers insurance. But I currently have the Blue Cross Blue Shield. I will be swift in my attack. My venom is packed with enough pride and gun powder to take down any adversary that attempts to tread on my freedom. You've been warned, but if you still want to test me, take a step forward. | |||
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