The Crossroads of Special Operations

Tuesday, April 20, 2021

Blended Retirement System deadline approaching | FtLeavenworthLamp.com

Must Read

New benefit plans for military retirement include DoD automatic contribution and bonuses that come when a career milestone is reached. The TSP and BRS are two major components of the combines plans. TSP is similar to a 401(k) that comes with varying fund options and plans. In the BRS, a service member’s EDR is used to determine eligibility. The plan is also available to those who aren’t in military service for the full 20 years.

For service members who are BRS-eligible and choose to decline to participate in the TSP, must complete the form TSP-U-1 by December 31st to halt automatic enrollment. By default, investments will be applied to the Lifecycle Investment, the ‘L Fund,’ on January 1st, 2020.

Source: https://www.ftleavenworthlamp.com

- Advertisement -spot_img

- Advertisement -

Latest News

Afghan Special Forces break a Taliban jail in a night raid, 20 captives freed | Khaama Press

In a night operation, the Afghan Special Forces stormed a Taliban prison in the Western Nimroz province, where they...

- Advertisement -

More Articles Like This

- Advertisement -spot_img