26 Mar
Blended Retirement System E-7 Lump Sum Calculator

Blended Retirement System Lump Sum Calculator

Blended Retirement System Lump Sum Calculator One of the major new parts of the Blended Retirement System (BRS) is the ability to take either 25% or 50% of the discounted lump sum value of the servicemember’s pension at the time of retirement.  While the DoD is planning to release an overall BRS calculator at some point, […]

26 Feb
Blended Retirement System (BRS) Implementation eligibility opt-in timeline

Blended Retirement System Implementation

As the rollout for the Blended Retirement System implementation continues, amplifying details continue to be released for some of the specifics of BRS implementation. On January 27th of this year, DoD released the policy memorandum that will implement BRS guidance including some of the major updates from the 2017 NDAA that modified some of the original […]

29 Jan
military financial education literacy

9 Big Changes Coming to Military Financial Education

As part of the MCRMC report back in 2015 that advocated what we now know as the Blended Retirement System (BRS), the commission also recommended creation of more military financial education opportunities.  This was to not only help servicemembers understand the new BRS, but also to help combat the troubling challenge of financial illiteracy that […]

15 Jan
Military Blended Retirement System

Blended Retirement System Considerations

As the DoD ramps up education efforts on the new Blended Retirement System (BRS), take the time to educate yourself on its specific provisions.  Here are some helpful graphics and explanations to help you determine the best choice for your military career. Legacy Retirement System Under the Legacy Retirement System, which we often call the […]

01 Jan
Military Education Benefits, Degree, Scholarship, Tuition, Military Tuition Assistance, 9/11 GI Bill

How I Turned $80K in Military Education Benefits Into $2.1 Million in Lifetime Value

Have you ever wondered how good are the education benefits offered by the military?  The media, our peers, parents, and even politicians bemoan the ever rising cost of a college education.  Recent statistics from StudentLoanHero show that student loan debt in the United States now stands at greater than 1.3 trillion dollars with the average […]

11 Dec
IRS, Tax, Taxes

Tax Planning

Taxes The only certain things in the financial world are death and taxes and although you may have similar opinions about both, you can help mitigate the pain of taxes with a well informed plan of attack.  Due to their income levels, most servicemembers should qualify for a tax refund so there’s a financial incentive […]

11 Sep

Blended Retirement System Overview

The Military Compensation and Retirement Modernization Committee finished its report in Jan 2015 and had several recommendations that ranged from the military retirement pension to Tricare and Commissary benefits. Once the 2016 National Defense Authorization Act (NDAA) was signed in late 2015, the military retirement system is about to see some of the biggest changes in […]