Retired from Military

MOAA Hosts New Military Retirement Webinar

Join the Military Officers Association of America's (MOAA) Lt. Col. Shane Ostrom for an informative financial webinar on 'The New Military Retirement Program and Your Million Dollar Decision.' The webinar will be held on Tuesday, January 19, from 2-3 p.m. EST. Registration is open and free to all. To register for this webinar, visit this webpage. more

Retired Military Pay Days

Passing on money

Military retiree and annuitant payday is always on the first business day of the month.  If the first of the month is a Saturday, Sunday or a holiday, payday will always occur the next business day.  The below list of paydays for 2016 are provided for your convenience.  February 1, 2016 June 1, 2016 ... more

Military Retirement Overhaul Set to Roll Out During Next Two Years

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Congress approved a historic overhaul of the military retirement system Tuesday, all but ensuring it will become law and the Defense Department will begin the rollout. But troops will not get access to the new 401(k)-style retirement accounts that are the centerpiece of the overhaul until 2018. In the meantime, some key issues such as new pro... more

Making the Most of Active-Duty Retirement Pay

(U.S. photo illustration by Airman 1st Class Teresa Cleveland/Released)

Years before you hang up your uniform and leave active-duty military service, you will need to make a major decision about your retirement pay. If you entered on or after Aug. 1, 1986, you'll be asked around your 15th year of service to choose between two different retirement plans. The High-36 retirement plan is so named because it's based on ... more

It's Never Too Soon to Save for Retirement

Retirement

Many millennials understand they will share more of the retirement burden than their parents did. Many are also coping with loads of debt. But if you keep waiting for the perfect moment to start saving, you could face a serious financial squeeze down the line. "If I have one regret, it's that I didn't really get this until my 30s," says JJ Mon... more

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