Military Retirement
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U.S. Military Retirement - Pros and ConsMilitary retirement is one of the main reasons people elect to join the military and it carries with it several benefits. However, there are also difficulties associated with military retirement. Do you know what they are?
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How Spouses Can Support an Active Duty Spouse Right Before Military RetirementMilitary spouses can do much to alleviate the stress of their spouse's approaching retirement. When the time comes, there will be a lot of changes and these can seem overwhelming if handled alone
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Preparing Income Reduction Following Military RetirementMilitary retirement brings with it the chance to hang up your uniform for the last time and transition to civilian life
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Recommended Top 10 Best States for Military RetirementWhich states will create the least dent in my military retirement check while still having the availability of military base support, VA and entertainment?
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Should You Opt for Spouse Only SBP (Survivor Benefit Plan) Upon Military Retirement?Military retirement is a time of tremendous upheaval and transition. But one of the decisions a transitioning member needs to make is with regard to SBP coverage.
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FIRE Def. Sec. Panetta for Threat to Military RetirementThe Secretary of Defense wants to cut defense spending, by privatizing (which means give to Wall Street) the troops pensions which will reduce the amount they receive over their lifetime up to 85%. That's a betrayal of folks who risk their lives for us.
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Can Your Marriage Survive Military Retirement?Military couples go through a lot of unique challenges that can tear them apart, such as extended periods of separation, to combat-related injuries. But as retirement approaches, this can present other challenges that can put a strain on a marriage. -
Transforming Military Retirement Funds a Risky ProposalThe U.S. military is mulling a radical overhaul of its pension system with a view of saving about $250 billion over the next 20 years. The proposal runs the risk of getting flack from veterans' groups.
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Military Retirement Ceremony EtiquetteIf you have a family member who is retiring from the military and you have been invited to the retirement ceremony there are a few things you will need to be aware of so that you are able to display the correct etiquette
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5 Visible Changes Following Military RetirementRetirement from the military means a complete life change. The following are some visible changes that come about when an active duty member retires that signals the beginning of the civilian life once again
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Why is it Difficult to Adjust to Military Retirement?It might seem strange to think that anyone would find it difficult to retire from the military, receive a monthly pension for the rest of their lives and to have time on their hands to spend as they wish. But is it really that simple?
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Military Retirement a Farce?Secretary Gates against military retirees.
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What to Avoid Saying to a Military SeparateeUnlike military retirees, military separatees leave the military a lot sooner and their status is different to retirees. Read on to find out more about what to avoid saying to a military separatee
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How to Avoid Weight Gain when You Retire from the MilitaryMilitary personnel are used to a strict fitness regime that is intended to keep them in shape while they are on active duty. But what about military retirees? How can they avoid gaining any excess weight when they retire from the military?
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State Taxation of Retirement Income in IllinoisMost types of retirement income are not subject to state income tax in Illinois. On your Illinois return you can subtract retirement income included on your federal return. Federally exempt interest and dividends are subject to Illinois income tax. -
State Taxes on Your Retirement Income in WisconsinSocial security benefits, military retirement pay, and retirement benefits from certain federal, state and local systems are not taxable in Wisconsin. You may be able to exclude up to $5,000 in other retirement income, depending on your total income. -
State Taxes on Your Retirement Income in ConnecticutSocial Security benefits may be totally or partially exempt from state tax in Connecticut, depending on your adjusted gross income. 50 percent of military retirement pay is excluded in Connecticut. Other retirement income is generally taxable. -
How Military Privileges Change After RetirementThe military offers its active duty members many privileges while they are serving any branch of the US armed forces. But how do those privileges change following military retirement?
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Military Privileges that Do Not Change Following RetirementMany military privileges change following military retirement. But many remain the same. Read on to find out what stays the same after you retire from the military
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Ways that Military Spouses Can Be Supportive Once Their Spouse Retires from the MilitaryIn a previous article we looked at how military spouses can be supportive prior ti their spouse's retirement from the military. This article will offer advice on how to show support following military retirement
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How to Adjust to a Reduction in Income as a Military RetireeTransitioning military personnel will have a lot of briefings to attend and paperwork to sign before they retire. One aspect of military retirement that transitioning members need to adjust to is a cut in income.
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The Perfect Military Gift on RetirementRetirement gifts are a part of every profession. There are certain gifts which prove to be meaningful and make the veteran feel proud of his retired profession.
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How to Obtain a California Driving License Following Military Separation or RetirementActive duty personnel are entitled to keep a driving license from their home state for the duration of their career in the military. But the rules change once they separate or retire from the military.
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Some Military Retirees Receiving CRSC Are Eligible for Travel ExpensesMilitary retirees who are receiving Combat-Related Special Compensation (CRSC) may be eligible for TRICARE's CRSC travel benefits to help cover the costs of fuel, lodging, parking and tolls when they travel to receive treatment.
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Get Used to a Reducation in Income Before You Retire from the MilitaryTransitioning military personnel have a great deal of work ahead of them as they prepare to retire from the military. After all the paperwork has been filed and retirement looms, the next thing they will want to get used to is a reduction in income.
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Joining the Military: Pros and Cons of Fighting for Your CountryJoining the military is an important decision that will impact your family and educational/financial future. Careful planning should be done to help detremine why enlisting is right for you.
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General Stanley McChrystal Retires: Pentagon Spokesman Says Disgraced Soldier Has Filed Retirement PaperworkGeneral Stanley McChrystal is retiring from the U.S. Army. He was relieved of his Afghanistan military command last week by President Barack Obama. -
The Next New Retirement Hot Spot?The good and bad points of choosing Vietnam as a retirement relocation destination. Relatively unknown by the retirement community but soon to be discovered.
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General McChrystal to Leave Army: Has Filed Retirement PapersGeneral Stanley McChrystal is retiring from the Army spokesman after being replaced as the military commander of the Afghanistan theater of operations by General David Petraeus on the orders of President Barack Obama.
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Retire Young: Enlist in the Military and Stay in the MilitaryYou can retire as early as age 37 ½ (most probable age 38); receive a pension for the rest of your life; to include medical insurance as well; leaving you time to start and retire from a second civilian career before collecting social security.
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How to Decide Where to Move to as a Military RetireeMilitary retirees have the freedom to move just about anywhere they would like, which can come as quite a shock after 20 or more years of being told where to move to.
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State Taxation of Retirement Income in OregonRetirement income is generally subject to state income tax in Oregon. You can exclude Social Security and railroad retirement benefits, and part or all of federal pension income. If your household income is below a certain amount you can claim a credit. -
What to Avoid Saying to a Newly Retired Military MemberAs well wishers gather to congratulate a newly retired military member, they can easily slip up say something that will offend the new retiree. Here's what to avoid saying.
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Things You Will Need to Know when Your Military Spouse is DeployedMilitary families have to deal with some very unique situations that most families would never dream of. This is my story of how my Air National Guard family dealt with a sudden deployment. -
How a Military Retiree Can Use Networking to Land the Perfect JobWhether a new military retiree knows it or not, they are already experts at networking. But retirement can shake their certainty and self-confidence in the ability to find a new job. That's where networking can help
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Does Working After Retirement Affect Your Social Security Benefits?When you reach full retirement age, you can continue working without affecting your social security benefits. If you begin receiving social security early, part of your benefits are withheld if your earnings exceed certain limits. You could recover the difference later.
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How Do Military Separatees Differ from Military Retirees?Military separatees differ greatly from military retirees. The most noticeable difference between the two groups is that military separatees are discharged from the military sooner than military retirees
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The Life of a Military GypsyA few tips on surviving the military's need for reservists to fulfill an active duty role
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Challenges that Spouses Face when Their Active Duty Spouse Retires from the MilitaryActive duty members who retire from the military will face considerable hurdles that need to be overcome in order to make the adjustment to the civilian way of life. But what challenges do military spouses have to face when their spouse retires from the military?
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State and Local Taxes If You Spend Your Retirement Years in GeorgiaIn Georgia, if you are 62 or older, you can exclude up to $35,000 of retirement income from the state income tax.
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