Retirement Planning for Life Beyond Military Service
We’ve been highlighting your financial preparedness in our video series featuring Justin Hall from the Office of Financial Readiness (FINRED) and Jerry Quinn, AAFMAA’s Chief Operating Officer and Secretary. This time, we focus on the Blended Retirement System (BRS). Even if you or your spouse plan to serve in the military throughout your entire career, it’s still wise to understand the BRS, and how it could affect your future. Tune in to walk through some core concepts of the BRS, and how you can leverage it to make the best decisions for your financial future.
To start you on your financial readiness journey, we invite you to watch the fourth video in the series below and follow the rest of the series on LinkedIn and YouTube using hashtag #MilitaryMoneyTips.
Get to Know the BRS Better:
- The Blended Retirement System includes your defined benefits plan and your defined contribution plan.
- You can contribute to the BRS no matter how long you serve. Your contributions stay with you.
- Rollover to an employer plan or an IRA.
- Reach out to an on-base counselor for assistance.
Watch the full financial readiness series here.
If you’d like more information about FINRED or to start getting the tips described in the video, go to: https://finred.usalearning.gov. Or, if you’d like to talk with an AAFMAA Membership Coordinator about how we can help you improve your financial outlook, please call 1-866-845-2205.