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, […]
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 […]
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 […]
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 […]