60 employees reported this benefit
Match of 5 percent
If you retire from government job , you will be sure for getting certain dollar amount every month but in privet and corporation they invest and growth depends on the investment portfolio you choose and their future performance? which is uncertain.
The government TSP plan is very solid.
Excellent 401k plan could not dream of anything better
This is a Thrift Savings Plan, rather than 401k but grew nicely during that time. Helpful staff when I left service to rollover to something equivalent.
Government automatically contributes 1% of salary toward Thrift Savings Plan (401K), and matches an additional 4% of salary in contributions you makie.