Military Retirement, leaving the service

Leaving the service

Whether you’ve served for four years or 30, becoming a civilian again is one of the biggest changes you’ll face. It pays to do your homework long before you hang up the uniform. And you should make sure you know as much as you can about the benefits you rate as a result of your military service.

U.S. Military (Ret.): If inflation rate is negative, retirees won’t get annual COLA increase
The fiscal year ended Sept. 30, which means we will soon know whether the inflation rate for fiscal 2009 ended in negative territory.
U.S. Military (Ret.): After you’re gone
About a year ago, I wrote about a topic that doesn’t make for great conversation around the dinner table, but is something all retirees need to think about and plan for — your funeral and...
TSP: It may be 2 years before Roth is offered
The top executive overseeing the Thrift Savings Plan said it will take a “minimum of one year, more likely two” to get a Roth investment option in place.
Retirees weigh in on California tax-break plan
My recent column discussing how different states treat military retirement pay for tax purposes and (to make California more tax-friendly for retirees) stirred up a lot of responses.
U.S. Military (Ret.): Weighing pros and cons of a ‘benefits menu’
I recently came across a report by James Carafano of the Heritage Foundation titled: “A Rucksack for U.S. Military Personnel: Modernizing Military Compensation,” which addresses how to...
Retiree COLAs: Tracking Inflation
Military retired pay rises each year to ensure that inflation does not erode the purchasing power of retirees. These cost-of-living adjustments, known as COLAs, match the annual increase in Social...
‘Game-changing’ Roth option for TSP clears House
Congress is poised to add three new benefits to the popular Thrift Savings Plan.
Group officials blast retirement pay proposal
An independent commission’s call for an integrated active and reserve retirement system — which would put an end to immediate retirement pay for active-duty members after 20 years —...
Retirement pay calculator
Military members receive retirement pay under one of three pay systems: “Final pay,” “High-3” or...

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