JANUARY 24, 2019 - For those serving as traditional Reserve Soldiers in the Army Reserve, receiving that 20-year retirement letter can feel like winning the lottery. But did you know that just because you have that golden ticket doesn’t mean you will automatically start receiving retirement pay when you turn 60? There are requirements that you must meet in order to start … [Read more...]
Defense Department Successfully Closes Blended Retirement System Opt-In Window
JANUARY 15, 2019 - The Blended Retirement System opt-in enrollment period closed at midnight on Dec. 31, 2018, capping off the successful roll-out of a new retirement system for members of the uniformed services. More than 400,000 DOD service members chose to opt into BRS during the enrollment period, and more than 150,000 new members were automatically enrolled upon entering … [Read more...]
Deadline Approaching to Opt in to Blended Retirement System
NOVEMBER 29, 2018 - Service members have just one month left to make a decision about opting in to the blended retirement system, Jeri Busch, the Defense Department’s director of military compensation policy, said here today. Congress authorized the new system in 2016 and it went into effect on Jan. 1. While all soldiers, sailors, airmen, Marines and Coast Guardsmen who … [Read more...]
Veterans, Your Dreams of Entrepreneurship Can Become Your Reality
OCTOBER 26, 2018 - At some point, you may entertain the idea of being your own boss. Maybe you already have? Imagine doing work you like to do when, how, and where you want to do it. These are the obvious pros of having your own business. There is so much more to consider when it comes to entrepreneurship, and it starts with the preparatory work. According to the U.S. Small … [Read more...]
New Bonuses To Keep Quality Marines
JULY 30, 2018, Camp Pendleton, CA - The Marine Corps is spending $136 million in reenlistment bonuses and other incentives to help retain Marines for multiple military occupational specialties (MOS) during fiscal year 2019. Marines in certain MOS’s may be eligible for an early re-enlistment kicker, which is a $10,000 lump sum paid to a Marine in addition to his/her MOS’s … [Read more...]