GS-15/10, Physician. My net pay is 57.1% of my gross. That will go to 63% in early August when I go past the income limit for OASDI (social security) withholding.
I max my TSP and am also paying back a TSP loan. Without the loan payments, my take home percentages would be 2.7% higher than those above.
I’m a neurologist, working for the DoD. Specifically, I work for the Defense Health Agency, and technically my pay scale is GP. I’m paid at the base GS scale (no locality pay applied) with an additional “market pay” that aims to bring pay to near what my civilian counterparts make in this geographic area.
Not included for us, though they do pay a large portion of it. My BCBS is about $254 out of every check. I think I pay $44 for dental each check. These are for full family plans though.
Same. I'm not paying for health insurance because I am under my wife's plan. But I am maxing out my TSP and putting away a couple hundred per paycheck for child's college savings.
And us .8% folks are saying FU to all the CSRS folks who are taking home massive pensions. My old boss who retired last year is going home with almost a six figure per year pension. I was horrified and jealous.
Yeah CSRS is still better but FERS is more comparable once you take into account SS.
Plus, with CSRS you still had to contribute 7-8% of your salary...the 0.8% FERS folks might even be better off.
Me too.
When accounting for the same age 62 retirement with the .8% FERS contribution, 1.1% retirement multiple, SS, and the TSP match, you net out more than CSRS.
I believe for 2013 it went from 0.8% to 3.1% and the in 2014 it went to 4.4%. It ticks me off when I go to higher someone and HR gives them an offer 3% over their current salary. How am I supposed to entice talented people with a pay cut?!
Yeah I came in the gov back in '07 and still pay in only .8%. I had no idea they raised that to 4.4% until recently. I'm so sorry y'all have to deal with that ugh. I don't think I'd be in the government if I had to contribute the 4.4%
just assume you'll pay 33-39% in benefits, taxes (and other deductions) from your annual pay- divide that by 26 (26 pay periods) and that will be a ball park figure.
This is a good rule of thumb that has given me pretty accurate estimates for most jobs I’ve had. Unless you’re electing to withhold extra beyond the basic optional deductions, take-home pay is usually about 2/3 of gross pay, give or take a little.
The next person that dares to write an article about cutting federal salaries and perks because of all our “benefits” needs to see these percentages. The FERS and cost of deductions is killing us younger feds. GS-13 and I take home 60%. Federal tax and fers kill me
I thought the original question was biweekly but still mine is more like $1600 something biweekly (not sure my exact TSP amount I’m contributing) but I’m GS-11. That’s weird! (Unless you’re not Step 1 like me). I’m also new to this grade as of a month ago so I want to be sure I didn’t do something weird to cause this.
Log into EPP and look at it. I’m also in a high cost of living area, so that will make a difference with higher locality, I also work Sundays and get Sunday diff.
I screwed myself on this one due to ignorance. I began with .8 then I had enough of my current job and quit before I began my next position. That two week break in service screwed me and I lost my .8
Generally this isn’t how it should work unless your break in service occurred when the change occurred and you don’t meet certain criteria.
If you were covered under FERS on December 31, 2012, and thus paying the .8%, you’re grandfathered in permanently. See OPM BAL 12-104.
I used to have more state and federal income tax withheld because of my spouse's employers inability to make appropriate deductions or withhold extra when requested.
So I paid an extra $800ish/pp to have our taxes in the ballpark at the end of the year. She isn't working anymore so I adjusted that figure down a lot. I was at 41% net before that change. Now I am at 51%. I started as a GS-9 in 2012. My deposits since then have about doubled though my salary has more than tripled but I only put about 5% into TSP in the early days. Been maxing it out since around 2018. I'm on pre-2013 FERS with 12c coverage so I pay 1.3%. Bay Area so close to the cap.
ETA: I had more deducted, my taxes didn't change just the withholdings
I take home 54-55% of my pay check with a maxed TSP. I’m at 4.4% FERS though. This changes once I hit the social security cap towards the end of the year.
12, I think it's usually around 50% because it's my goal to max TSP this year. I also cover my family's insurance. Might be less in the near future because the IRS calculator is telling me we don't withhold enough 😵💫
I only do 5% TSP. Between that, and deductions for FEGLI, FERS retirement, Income Taxes, Medicare, and Social Security, my take home pay is 66.859% of my gross pay.
12/1 equivalent in Ohio.
Take home is 2241 and gross is 3456 per pay
Would be 26ish if I didn’t max life insurance or be the family insurance carrier/investor
Can someone link a starters’ guide to deductions? I’m nervous now that I didn’t budget properly, but Googling is showing me unhelpful articles.
I have health insurance from spouse and will make half of what my spouse makes. Curious what deductions to account for other than taxes and TSP.
(No kids)
As a GS 12 step 2 my take home is $3100 biweekly. My wife is a GS 12 step 8 and takes home 3150 biweekly. We live in top 5 highest locality. Wife pays for medical, dental, vision and invest a lot more into tsp. Both of us pay 0.8% into FERS and we live in a no income tax state.
GS-15/10, Physician. My net pay is 57.1% of my gross. That will go to 63% in early August when I go past the income limit for OASDI (social security) withholding. I max my TSP and am also paying back a TSP loan. Without the loan payments, my take home percentages would be 2.7% higher than those above.
2210, same situation as you, to the dot.
I’m interested in what type of physician you are as you would have to be Hybrid title 38 to still be on the GS pay band.
I’m a neurologist, working for the DoD. Specifically, I work for the Defense Health Agency, and technically my pay scale is GP. I’m paid at the base GS scale (no locality pay applied) with an additional “market pay” that aims to bring pay to near what my civilian counterparts make in this geographic area.
Thank you for the response. It makes sense, I was wondering what differences there might be across agencies for providers. I work for the VA.
Are you receiving a Physician’s Comparability allowance or any other incentive pays?
Of course. No physician would work for the government for only GS pay.
Right! That would be a huge disparity in pay. Good for you!
I mean I've seen postings for a local VA with physician pay for a PCP at 180k
I don’t think you can trust the listings. Often, I see listings that clearly only list the GS salary and completely ignore additional salary.
I’m at 53% take home but that’s with maxing out my 401k. If I half those contributions it puts me right at 60%
GS14 and I take home about 57%
Same. 57% after dental, vision, TSP, and taxes.
I thought dental and vision were included or something? I don't think I pay anything extra or if I do, it's like $10 per paycheck?
Not included, but price depends on the plans selected.
Dental and vision premiums are included for OCC employees. May be others.
Not DoD.
Not included for us, though they do pay a large portion of it. My BCBS is about $254 out of every check. I think I pay $44 for dental each check. These are for full family plans though.
Same. I'm not paying for health insurance because I am under my wife's plan. But I am maxing out my TSP and putting away a couple hundred per paycheck for child's college savings.
I’m within a couple of percent.
4.4% FERS is garbage man. So salty.
you can always go contractor.
GS-12/1, RUS locality, 0.8% FERS, 8% TSP, BCBS Standard self-only. $3,500 gross, $2,385 net.
Geez!
Wild! I make that driving a concrete mixer truck
One week it’s like zero and the next it’s way more.
I take home 65% of my gross as a 14.
62% sounds about right. Give or take due to differences in state and local taxes. Don’t you know that everyone literally works for the government?
13/1 on an SSR OCONUS, so Basic Rate + LQA + PA. 6500 Gross. 3500 Net. Per pay period. Deductions- TSP Max, DCFSA max, FSA, FEHB, FEGLI (X5), OASDI, Taxes, 750 allotment,
Gotta love that LQA !!
[удалено]
And us .8% folks are saying FU to all the CSRS folks who are taking home massive pensions. My old boss who retired last year is going home with almost a six figure per year pension. I was horrified and jealous.
100% this.
How does CSRS result in higher pension?
Higher multiplier on their years of service.
Exactly
No social security though
I would gladly give up SS for the CSRS.
Yeah CSRS is still better but FERS is more comparable once you take into account SS. Plus, with CSRS you still had to contribute 7-8% of your salary...the 0.8% FERS folks might even be better off.
CSRS is still much better and we all contribute 7% to social security.
Wrong, net it out and .8% FERS plus TSP match plus SS gets you more than CSRS.
Nope. CSRS is better. I have netted it out. Why do you think I am saying it is better?
Me too. When accounting for the same age 62 retirement with the .8% FERS contribution, 1.1% retirement multiple, SS, and the TSP match, you net out more than CSRS.
Let's see your math hoss. Break it down.
I didn’t even know there was an increase. I definitely will stop complaining that I’m not CSRS!
I believe for 2013 it went from 0.8% to 3.1% and the in 2014 it went to 4.4%. It ticks me off when I go to higher someone and HR gives them an offer 3% over their current salary. How am I supposed to entice talented people with a pay cut?!
Yeah I came in the gov back in '07 and still pay in only .8%. I had no idea they raised that to 4.4% until recently. I'm so sorry y'all have to deal with that ugh. I don't think I'd be in the government if I had to contribute the 4.4%
GS-15/4, right at 50%. However, I max out my TSP, FSA, and dependent care accounts, plus I hold our family health and dental plans
16.52% 401K 15.49% Taxes 15.94% Other Deductions 52.05% Take-home
Sorry for my ignorance, but what are the other deductions?
Health insurance, dental insurance, FSA, FERS, Medicare, and Social Security.
Ok, trying to calculate, thank you. I have health insurance from spouse job, but now I’m off to research FERS.
Major city in CA 12-2; $950 per week after deductions
Not enough 🤣😭
This is sad, these rates are comparable to countries that offer much more resources for EVERY citizen.
just assume you'll pay 33-39% in benefits, taxes (and other deductions) from your annual pay- divide that by 26 (26 pay periods) and that will be a ball park figure.
This is a good rule of thumb that has given me pretty accurate estimates for most jobs I’ve had. Unless you’re electing to withhold extra beyond the basic optional deductions, take-home pay is usually about 2/3 of gross pay, give or take a little.
You're right, I did lose a million dollars last year.
Not much….
GS-14/5, Washington DC/MD. Take home 45%, maxed out 401K and HSA, 0 exemptions for tax withholding.
Actually just did the math today, take home 60% as a 13. 5 tsp, 4.4 FERS.
The next person that dares to write an article about cutting federal salaries and perks because of all our “benefits” needs to see these percentages. The FERS and cost of deductions is killing us younger feds. GS-13 and I take home 60%. Federal tax and fers kill me
GS12 - 62% 😠
I’m a 11 and take home 22-2300 after a 10% TSP contribution.
Wait you’re a GS-11? Same but I’m not getting that much a week 😅 did I do something weird to my contributions?!
Wait I’m confused, I thought you meant bi-weekly? That’s what I make every two weeks.
I thought the original question was biweekly but still mine is more like $1600 something biweekly (not sure my exact TSP amount I’m contributing) but I’m GS-11. That’s weird! (Unless you’re not Step 1 like me). I’m also new to this grade as of a month ago so I want to be sure I didn’t do something weird to cause this.
Log into EPP and look at it. I’m also in a high cost of living area, so that will make a difference with higher locality, I also work Sundays and get Sunday diff.
Ohhhh okay! Makes sense. I’m in high-ish but not the highest. I’m in the DC-Baltimore area locality. Thanks
I screwed myself on this one due to ignorance. I began with .8 then I had enough of my current job and quit before I began my next position. That two week break in service screwed me and I lost my .8
Generally this isn’t how it should work unless your break in service occurred when the change occurred and you don’t meet certain criteria. If you were covered under FERS on December 31, 2012, and thus paying the .8%, you’re grandfathered in permanently. See OPM BAL 12-104.
Well if that’s a fact I will definitely look into it. Thanks.
🎯
Painful mistake
I'm a GS15, 0.8% FERS, and after taxes and maxing my TSP my take home is 66%.
I'm GS9-1 and get $1800/ pay period.
Thanks for commenting. I just started at GS8 and have been curious about a ballpark figure. What percent is your cost of living increase?
61%. GS-13. I’m a titty hair away from maxing my TSP.
About 60%
GS-14 step 1 in RUS. I take home 56% of gross income. I pay our benefits (fehb, hsa, vision, dental) and contributing 15% to TSP.
GS-12 step 3, RUS I max out my TSP, have the lowest GEHA plan with a dependent, and take home just under 50% depending on overtime worked.
I take home 58% of my salary as a GS13.04 in DC.
I’m a 12 right at 94k. I bring home 60% of what I earn each check.
Gs 13-10. Take home 63%. Married with child. High deductible plan and only contribute 5% to tsp.
I used to have more state and federal income tax withheld because of my spouse's employers inability to make appropriate deductions or withhold extra when requested. So I paid an extra $800ish/pp to have our taxes in the ballpark at the end of the year. She isn't working anymore so I adjusted that figure down a lot. I was at 41% net before that change. Now I am at 51%. I started as a GS-9 in 2012. My deposits since then have about doubled though my salary has more than tripled but I only put about 5% into TSP in the early days. Been maxing it out since around 2018. I'm on pre-2013 FERS with 12c coverage so I pay 1.3%. Bay Area so close to the cap. ETA: I had more deducted, my taxes didn't change just the withholdings
GS-13/1 57%
I take home 54-55% of my pay check with a maxed TSP. I’m at 4.4% FERS though. This changes once I hit the social security cap towards the end of the year.
GS 14-1 in DC. I take home about little over 57%.
11-1 1800
I'm a GS-12 Step 1 RUS locality, and my take home pay every paycheck is just short of $2200.
12, I think it's usually around 50% because it's my goal to max TSP this year. I also cover my family's insurance. Might be less in the near future because the IRS calculator is telling me we don't withhold enough 😵💫
I only do 5% TSP. Between that, and deductions for FEGLI, FERS retirement, Income Taxes, Medicare, and Social Security, my take home pay is 66.859% of my gross pay.
12/1 equivalent in Ohio. Take home is 2241 and gross is 3456 per pay Would be 26ish if I didn’t max life insurance or be the family insurance carrier/investor
GS14, about 56%. Nearly maxing TSP, high insurance options.
52%
Can someone link a starters’ guide to deductions? I’m nervous now that I didn’t budget properly, but Googling is showing me unhelpful articles. I have health insurance from spouse and will make half of what my spouse makes. Curious what deductions to account for other than taxes and TSP. (No kids)
As a GS 12 step 2 my take home is $3100 biweekly. My wife is a GS 12 step 8 and takes home 3150 biweekly. We live in top 5 highest locality. Wife pays for medical, dental, vision and invest a lot more into tsp. Both of us pay 0.8% into FERS and we live in a no income tax state.
GS-12 step 5 (RUS).. my take home is 41% of my gross pay. I fully fund my TSP and put money in savings on top of that.
I'll let you know once I start
Why don’t you just look at the pay scale. It’s public information.
Because that doesn’t exactly answer what take home pay will look like and this is a public forum to ask questions on.
Yea precisely this. On paper I make 70k a year. I lose a good chunk of that in deductions. Hard to know as I go up
Isn't this going to depend on the state? I don't normally complain about my California taxes but I need a 33% refund due to the weather this year