The Military Wallet

Personal Finance for Military, Veterans, and their Families

RSS Twitter Facebook LinkedIn Google Plus
  • Home
  • About
    • Contact – Ryan Guina @ The Military Wallet
    • Archives
  • Podcasts
  • Benefits
    • Veterans Benefits Guide
    • VA Health Care Eligibility
    • Veterans Benefits Articles
    • GI Bill Articles
    • VA Loans Articles
    • Search GI Bill Schools
    • VA Loan Rates – Purchase or Refinance
  • VA Disability
    • VA Disability Rates
    • How Disability Rates Are Determined
    • Can VA Reduce Your Disability Rating?
    • Add Dependents to Disability Claim
    • VA Disability & Retirement Pay
    • Concurrent Receipt
    • Combat Related Special Compensation
  • Military Money
    • Insurance
    • Investing
    • Military Money
    • Personal Finance
    • Military Retirement
    • Taxes
    • CD Rates – National High Yield Rates
    • Savings Account Interest Rates – Find the Best Savings Account for Your Needs
  • Discounts
    • Veterans Day
    • Military Discounts
    • Military Travel Discounts
    • Armed Forces Vacation Club
    • Military Discounts – Retail
    • Home Depot and Lowe’s 10% Military Discounts
  • Thrift Savings Plan
    • How to Manage TSP
  • Subscribe
You are here: Home / Archives for Military & Veterans Benefits / Military Retirement
by Forrest Baumhover
Leave a Comment
Share
Tweet

Should You Choose the Blended Retirement System (BRS)? 10 Considerations Before Deciding

Recently, I sat down with someone who asked me whether she should take the military’s Blended Retirement System (BRS).  As most people know, the BRS is the military’s attempt to slowly move away from a defined benefit pension to a defined contribution pension.  So her question was, “Should I take some money now, in exchange […]

by Ryan Guina
6 Comments
Share
Tweet

Guard & Reserve Retirement Points – How to Earn More Points Before Retirement

http://traffic.libsyn.com/militarywallet/TMW_026_Guard_Reserve_Points.mp3

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | Google Play | RSS

http://traffic.libsyn.com/militarywallet/TMW_026_Guard_Reserve_Points.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Google Play | RSSThe Guard and Reserve retirement system is very different than the active duty retirement system. Instead of rewarding servicemembers with a retirement pay based on number of years served, Guard and Reserve members are awarded Points based on their service. […]

by Ryan Guina
1 Comment
Share
Tweet

New Military Retirement Plan – Military Bloggers Discuss The Pros and Cons

The new blended military retirement plan will take effect in January 2018. Those who are already in the military by that time will be grandfathered into the old plan. However, they will be able to opt into the new retirement plan if they wish to do so. Will members be better off for opting into […]

by Ryan Guina
15 Comments
Share
Tweet

2018 Retired Military Pay Dates and Retirement Account Statements

As we wrote in our military pay date schedule, the first step in creating a budget is knowing how much you will be paid, and when. The good news is that retired military pay dates are easy to remember: you usually receive your pay on the first of the month. The only exception is when […]

by Ryan Guina
17 Comments
Share
Tweet

New Military Retirement Plan – Blended Retirement System (BRS)

The Senate Armed Services Committee recently passed the FY 2016 National Defense Authorization Act, which features several major proposals, including military retirement reform, personnel reform, and headquarters and management reform. One of the primary goals of the 2016 NDAA is to find areas where the government can cut back and save money. This will come […]

by Ryan Guina
160 Comments
Share
Tweet

Understanding Guard and Reserve Points – How to Earn Points, and How they Affect Your Retirement

http://traffic.libsyn.com/militarywallet/TMW_026_Guard_Reserve_Points.mp3

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | Google Play | RSS

http://traffic.libsyn.com/militarywallet/TMW_026_Guard_Reserve_Points.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Google Play | RSSMembers of the Reserve Corps (the National Guard and Reserves) have a different pay and retirement system than Active Duty servicemembers. The Reserve retirement system is set up with the same principals as the Active Duty system, but instead of […]

by Ryan Guina
5 Comments
Share
Tweet

2015 Military Compensation and Retirement Modernization Commission Recommendations – Big Benefits Changes Coming? (Podcast 013)

http://traffic.libsyn.com/militarywallet/TMW_013_Military_Compensation_and_Retirement_Modernization_Commission.mp3

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | Google Play | RSS

http://traffic.libsyn.com/militarywallet/TMW_013_Military_Compensation_and_Retirement_Modernization_Commission.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Google Play | RSSEvery few years, the military takes a deep look at the pay, benefits, and other forms of compensation given to military members and their families. On January 29, 2015, the Military Compensation and Retirement Modernization Commission released their recommendations for changing […]

by Ryan Guina
17 Comments
Share
Tweet

National Guard and Reserves Retirement Benefits Guide (Podcast 011)

http://traffic.libsyn.com/militarywallet/TMW_011_Guard_Reserve_Retirement_Benefits.mp3

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | Google Play | RSS

http://traffic.libsyn.com/militarywallet/TMW_011_Guard_Reserve_Retirement_Benefits.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Google Play | RSSToday’s article and podcast both cover National Guard and Reserve retirement benefits. Retiring from the Guard or Reserves has some similarities to an active duty retirement, but there are some very important differences, including when you will receive your military […]

by Ryan Guina
9 Comments
Share
Tweet

Retired Guard and Reserve Health Care Options – TRICARE & Private Health Insurance

Members of the Guard and Reserves have different health care options than active duty servicemembers and active duty retirees. While still serving in the Guard and Reserves, members are eligible for TRICARE Reserve Select, which is a premium based health insurance program. It’s cost is very affordable, coming in at roughly $50/mo for a member, […]

by Ryan Guina
2 Comments
Share
Tweet

Active Duty Military Retirement Benefits (Podcast 010)

http://traffic.libsyn.com/militarywallet/TMW_010_Active_Duty_Retirement_Benefits.mp3

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | Google Play | RSS

http://traffic.libsyn.com/militarywallet/TMW_010_Active_Duty_Retirement_Benefits.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Google Play | RSSToday’s podcast covers active duty military retirement benefits. We cover a wide range of topics in this interview with Doug Nordman, military retiree and author of The Military Guide to Financial Independence and Retirement. As a military retiree, Doug has a […]

  • 1
  • 2
  • Next Page »

Join Our FREE Newsletter!

Popular Articles

  • Veterans Service Organizations - VA Benefits Claims Help
  • Home Depot and Lowe's 10% Military Discounts
  • Free Tax Filing and Preparation for Military Members
  • Unemployment Benefits After Separating from the Military

Categories

Military Benefits – ID Cards

  • Veterans Benefits Guide
  • How to Get a Military ID Card
  • How to Get a Veterans Identification Card from the VA
  • Veterans Designation on Drivers Licenses
  • How to Replace Lost Military Service Records
  • How to Replace Lost Military Medals, Awards, and Decorations
  • Thrift Savings Plan
  • New Military Retirement Plan Benefits? Big Changes Proposed

Recent Articles

  • How to Prepare Your Taxes & File Your Tax Return – (Possibly for Free!)
  • 2018 IRS Tax Refund Schedule (2017 Tax Year) – When Will I Receive My Tax Refund?
  • 2018 VA Service-Connected Disability Compensation Rates
  • Best Military Money Books – Recommended Books to Help You Achieve Financial Independence
  • Terminal Leave: Take it or Sell it Back? – Pros and Cons of Both Options

Join Our FREE Newsletter!

Copyright © The Military Wallet 2007 - 2018 All Rights Reserved. About | Contact | Privacy Policy | Advertising Policy | Sitemap
*General Disclaimer: TheMilitaryWallet.com is not connected with the Department of Veterans Affairs or any government agency and is for informational and entertainment purposes only. The content on this site should not be considered professional financial advice. *Editorial Disclaimer: References to third party products, rates, and offers may change without notice. We may receive compensation through affiliate or advertising relationships from products mentioned on this site. However, we do not accept compensation for positive reviews; all reviews on this site represent the opinions of the author. *Advertising Disclaimer: The credit card offers that appear on this site are from credit card companies from which we receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.