As the national deficit climbs its imaginary mountainside, Congress and the Oval Office are pulling out their machetes to find new budget areas to cut. Since they can’t clip coupons, the federal government is looking at two ways military retirement can change for future members. The goal is to reach a consensus by August 2. [...]
Military Retirement Calculator
Using our Military Retirement Calculator you can estimate how much your military retirement pay will be through your retired years.
The Military Retirement package is one of the best retirement packages around. When you retire from the Armed Forces you receive a pension with benefits. It doesn't matter how old you are and it starts the day you retire. One of the best things about the plan is the fact that it grows with the cost of living adjustment each year.
Military retirement can vary among different servicemen and women. It isn’t a distinction in whether they golf or boat in their free time. Benefits and the qualification processes differ. For those retiring from the Reserves, changes in coverage allow for easier access to medical benefits. In September 2010, retired Reserve members received new healthcare options. [...]
As if retiring with the most powerful armed forces in the world isn’t enough. Military retirees also enjoy benefits in their civilian lives. It isn’t all caviar and cocktails, but these extra benefits are almost worth the sacrifices servicemen and women make leading up to their retirement. Travel Many people wait until retirement to enjoy [...]
Retiring with the United Stated military is full of patriotic pluses. After all, those who serve for others deserve a nice reimbursement. These perks become fuel for the fighters. Before ceasing the benefits, military personnel must fit specific criteria. After 20 years of active-service, military employees can kick off their boots and retire. If a [...]