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

US Department of Veterans Affairs 401K Plan

Updated Jul 29, 2014

377 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 Contributions are made from pre-tax dollars and both investments and earnings are tax deferred until withdrawn.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.

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Employee Comments

Showing 1–10 of 43
  • 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.)

  • Oct 25, 2016
    StarStarStarStarStar Current Program Analyst in Washington, District of Columbia

    pretty good. ok match from company

  • Oct 10, 2016
    StarStarStarStarStar Current Program Support Assistant in Nashville, Tennessee

    Thrift Savings Plan - matched contributions to a certain amount/percentage - comparable to private sector 401K Plans

  • Oct 04, 2016
    StarStarStarStarStar Current Staff RN in Cleveland, Ohio

    Good federal plan and advice

  • Sep 15, 2016
    StarStarStarStarStar Current Employee in Cleveland, Ohio

    it's not exactly 401k. and there is tsp

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