Tag: Career Status Bonus
Over a decade later, REDUX still sucks

Over a decade later, REDUX still sucks

    A reader e-mailed a new question on an old debate: I have a younger relative about to reach 15 years in the Army. Currently he is an E-7 and was presented with the pension choice of taking $30,000 and a 10% haircut on the pension along with 1% less COLA down the road. Off the top of my head I told him ...

READ MORE +
Effect of inflation on a REDUX military pension

Effect of inflation on a REDUX military pension

Veterans entering the service after July 1986 are eligible to choose between two different retirement systems. The first system, High Three, offers a multiplier of 50% at 20 years of service and raises it 2.5%/year to 75% at 30 years of service. Each year after retiring, the pension is raised by a cost of living ...

READ MORE +
Will Congress change military retirement?

Will Congress change military retirement?

Brandi commented in the previous post: I can’t wait to snag a copy of your book this summer, and I am looking forward to your post on asset allocation considerations when you are getting a military pension. I do have a question for you – with politicians in Congress in charge of our compensation, and the nation facing ...

READ MORE +