There are several unique savings opportunities for military personnel, and multiple benefits and specific programs that can help military personnel build wealth.
The “Thrift Savings Program” (TSP) is a retirement plan for military and government civilian employees. This is similar to a civilian 401(k) plan. The TSP Roth option is a great opportunity to build Roth assets. Additional programs offered only to military personnel are the “Post-911 GI Education Bill”, the “Savings Deposit Program” for deployed military members, and Veterans’ Administration Home Loans.
Military service comes with a financial picture unlike almost any other career path. Your retirement options work differently, buying a house becomes more complex, and your job, while rewarding, can be high-pressure.
We created a guide to maximizing your benefits from military service to give you a starting point for navigating it all: retirement plans, TSP basics, housing benefits, insurance options, and more. Download our free guide to learn how to make the most of your military benefits and build your more beautiful tomorrow!
