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Military long term care insurance (part 2 of 2)

Military long term care insurance (part 2 of 2)

The last post discussed the different forces that cause people to pay ever-higher prices for long-term care insurance-- at the same time when the industry may be less likely to be able to actually pay their claims. Those problems haven't been solved yet, and it may be another 25 years before they're properly ...

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Military long term care insurance

Military long term care insurance

Did you know that active-duty and retired military are eligible to buy a policy from the Federal Long Term Care Insurance Program? I never used to care about long-term care insurance. That was for "old people" (hey, I'm not old!!), and I'd have plenty of years for the industry to come up with a great product before ...

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The Reserve Component Survivor Benefit Plan

The Reserve Component Survivor Benefit Plan

This earlier post describes the SBP and its options, as well as the pros and cons of buying it for your survivors. If you landed here from a search engine or some other link then I'd recommend reading the previous two posts before proceeding with this one. Some of the references and links in this post include ...

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More SBP details

More SBP details

Let me disrupt the posting schedule for a day with some additional SBP information from Monday's post. One of the book's contributors forwarded me not one but four separate SBP briefs put out by the Air Force Personnel Center. With the gracious permission of Mr. Dan McCullough, who added some clarification slides, ...

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Survivor Benefit Plan

Survivor Benefit Plan

(Thanks again to Tomcat98 for backing up my research with impressive actuarial data!) This "simple little SBP summary" mutated into a two-part description. Today we'll cover SBP for active-duty retirees and in the next post we'll cover the Reserve Component SBP. The SBP will cost you up to 6.5% of your pension, so ...

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Military Dental Care

Military Dental Care

Military Dental Care is one of the subjects that didn't fit well into the book (at least not the first edition!), but it could be a significant part of some veterans' budgets. Active-duty servicemembers don't even have to think about dental care because it's provided by their military treatment facility. However ...

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