More than 800,000 military retirees who declined the Survivor Benefit Plan at retirement will get another chance to buy into a much-improved program, starting this fall. But delayed enrollment ...
Military retirees have a once-in-a-generation chance to revise their Survivor Benefit Plan decision and better meet the needs of their family. Congress has authorized an “SBP Open Season” during 2023, ...
The 2016 National Defense Authorization Act fixed a quirk in the Survivor Benefit Program (SBP) that had prevented divorced retirees from transferring the benefit to a new spouse if their ex-spouse ...
Retired Air Force Lt. Col. Harold Brown, one of World War II's famed Tuskegee Airmen, survived being shot down over Austria near the end of the war. He also survived the following weeks as a prisoner ...
If you are electing not to enroll in the Survivor Benefit Plan, be sure you have both short-term and long-term plans for income replacement. Military retirement pay is an important part of a retired ...