Military retirement can be confusing, we explain all the different programs here.
Have you ever wondered why there are no pay charts for military retirees?
The payment is used as a retention incentive for mid-career members.
Continuation pay is a mid-career bonus payment
You will be able to save more toward retirement next year.
"Donut" miss this important connection.
It may be tempting to max out your TSP as soon as you can, but beware you may end up losing money if you do.
Only 280,000 active-duty members and just over 72,000 reserve component personnel chose to shift out of the High-3 plan.
Comparisons across branches show the singular effectiveness of the Marine Corps' approach to deepening interest in the BRS.
Only about 19 percent of the 1.6 million troops eligible to switch into the DoD's new Blended Retirement System have done so.