Q: About tsp.gov calculator

[Hybrid93Hatch]

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Just playing with the numbers on tsp.gov's calculatorand wondering if the government's5% iscalculated in automatically?

I'ma FERS employee if it matters.
Thanks for any help
PS <> I hope not because the numbers are already looking great for 25 years :^

 

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Hybrid93Hatch wrote:

Just playing with the numbers on tsp.gov's calculatorand wondering if the government's5% iscalculated in automatically?

I'ma FERS employee if it matters.
Thanks for any help
PS <> I hope not because the numbers are already looking great for 25 years :^

Yes. Use $10,000 for annual pay at 1% interest for 1 year and you get $1,004. So yes they figure the matching funds in automatically.