Agency Automatic Contributions

Business, Legal & Accounting Glossary

Definition: Agency Automatic Contributions


Agency Automatic Contributions


Full Definition of Agency Automatic Contributions


A retirement plan benefit offered to federal government employees whereby the agency employer contributes a percentage of the employee’s annual salary to a thrift savings plan. The percentage is often 1% of gross salary and is deposited with or without the employee electing to contribute his own funds.


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https://payrollheaven.com/define/agency-automatic-contributions/
Modern Language Association (MLA):
Agency Automatic Contributions. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 30, 2021 https://payrollheaven.com/define/agency-automatic-contributions/.
Chicago Manual of Style (CMS):
Agency Automatic Contributions. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/agency-automatic-contributions/ (accessed: November 30, 2021).
American Psychological Association (APA):
Agency Automatic Contributions. PayrollHeaven.com. Retrieved November 30, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/agency-automatic-contributions/

Definition Sources


Definitions for Agency Automatic Contributions are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.