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Reply to "Basis for FERS-FRAE contribution?"
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[quote=Anonymous]So as a new fed hire I just learned about the mandatory 4.4% deduction for FERS. A little pissed about the amount but I know it will still pay off if I stick around long enough. What I can't find anywhere, though, is how they calculate the 4.4%. It is supposed to be after-tax, but how do they do the payroll deduction properly if you tend to have a big refund every year? Would I potentially have to make an adjusted contribution to FERS after I do my taxes??[/quote]
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