US Department of Veterans Affairs Employee Benefit: 401K Plan | Glassdoor

US Department of Veterans Affairs 401K Plan

Updated Jul 29, 2014

441 employees reported this benefit


Employer Summary

Build up your retirement nest egg through the Thrift Savings Plan. It's the Government version of the private sector's 401(k) Plan. Contributions are made from pre-tax dollars and both investments and earnings are tax deferred until withdrawn. The plan offers five investment funds to choose from, and you can transfer money from other eligible retirement savings plans into your Thrift Savings Plan account. The Government automatically contributes 1 percent of your salary with additional matching contributions up to a total of 5 percent.

Employer Verified
Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 47
  • Dec 12, 2018
    StarStarStarStarStar Former Employee in Akron, Ohio

    If you are an older employee, you have a cake plan. Newer ones are not very generous.

  • Dec 02, 2018
    StarStarStarStarStar Current Employee in Phoenix, Arizona

    There isn't a 401K but they have a Thrift Savings plan.

  • Jun 20, 2018
    StarStarStarStarStar Former Employee in San Diego, California

    This is called a thrift savings plan and you will get rich.

  • Jun 06, 2018
    StarStarStarStarStar Current Nurse in Reno, Nevada

    2% match for most new employees

  • Nov 15, 2017
    StarStarStarStarStar Former Surgical Technologist in Bronx, New York State

    TSP is the best plan with a 3% match

  • Oct 31, 2017
    StarStarStarStarStar Current RN in Fayetteville, North Carolina

    Good plan, especially coupled with the pension

  • Aug 23, 2017
    StarStarStarStarStar Current Expanded Functions Dental Assistant in Martinsburg, West Virginia

    They do match what you put in

  • Apr 07, 2017
    StarStarStarStarStar Current Employee in Palo Alto, California

    One of the best 401K plans in the industry

  • Nov 15, 2016
    StarStarStarStarStar Former Employee in Cincinnati, Ohio

    I found the TSP to be a very good plan to select your level of retirement savings, stocks, bonds and mutual funds.

  • Oct 26, 2016
    StarStarStarStarStar Former Staff Pharmacist in Albany, New York State

    Chose an index to invest in. Very flexible with rapid changes. Very low management fee. (Run by other government employees.)

Work at US Department of Veterans Affairs? Share Your Experiences

US Department of Veterans Affairs
  • Star
  • Star
  • Star
  • Star
  • Star
Click to Rate