Agency Matching Contributions

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Dictionary Says

Definition of 'Agency Matching Contributions'

A benefit that federal government employees receive under the thrift savings plan. More specifically, this refers to how the agency for which the individual is working will match 100% of the individual's contributions up to the initial 3% of his or her pay and a contribution of $0.50 for every dollar from the next subsequent 2% of pay used toward contributing to the thrift savings plan.
Investopedia Says

Investopedia explains 'Agency Matching Contributions'

For example, a federal government employee working for the Department of Labor earns $1,500 each pay period and contributes 5% (or $75) into the thrift savings plan. The Department of Labor will then contribute a total of $60 (or 3% of $1,500 + (0.5 x 2%) of $1,500) toward his retirement in additional to his $75, which creates a total contribution per pay period of $135.

Federal government employees that are able to contribute to a thrift savings plan should take advantage of the agency matching contribution.
Search results for

'Agency Matching Contributions'

  • Thrift Savings Plan Helps Federal Workers Retire

    http://www.investopedia.com/articles/retirement/08/thrift-savings-plan.asp
    ... The federal agency will make automatic and matching contributions for civilians
    who are FERS employees based on the employees' own contributions. ...

  • Chipping Away At The Pension Freeze Trend

    http://www.investopedia.com/articles/retirement/07/pensionfreeze.asp
    ... Pension Benefit Guaranty Corporation (PBGC), a federal government agency that insures ...
    to be sure you're capturing the maximum matching contributions if your ...

  • SIMPLE IRAs: Eligibility Requirements | Investopedia

    http://www.investopedia.com/university/retirementplans/simpleira/simpleira1.asp
    ... subdivision of the United States, or by an agency or instrumentality ... The employer's
    choice to make either matching contributions or nonelective contributions; ...

  • Series 6 Study Guide - Retirement and College Savings Plans ...

    http://www.investopedia.com/exam-guide/finra-series-6/retirement-college-savings-plans/employer-sponsored-retirement-plans.asp
    ... employees are always fully vested in their own contributions, the employer has the
    option to establish a vesting schedule for matching contributions within a ...

  • Series 6 Study Guide - Retirement and College Savings Plans ...

    http://www.investopedia.com/exam-guide/finra-series-6/retirement-college-savings-plans/employer-sponsored-plans.asp
    ... 3.8 Agency Issues and US Savings Bonds; 3.9 Municipal ... The SIMPLE contributions may
    be made either to an ... The employer must contribute either a matching amount up ...

  • Series 7 Study Guide - Securities Transactions - Settlement Rules ...

    http://www.investopedia.com/exam-guide/series-7/securities-transactions/settlement-rules.asp
    ... Company Product Advertising; 14.11 Political Contributions. Tweet. ... of US Treasury
    securities, agency debt securities ... uses real-time trade matching: trade details ...

  • Series 7 Study Guide - Packaged Securities - Introduction ...

    http://www.investopedia.com/exam-guide/series-7/packaged-securities/default.asp
    ... market maker or broker/dealer). i. The AP puts together a securities portfolio
    matching that of the ETF. ii. The AP delivers the ...

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