Blended Retirement System
As I announced here, I am now blogging for another site focused on personal finance for people in the military called MilitaryMillions.com. For example, here is a Blended Retirement System (BRS) Resource Center I created over there.
My plan was to transition all financial content to that new site because duplicating it in two different places is tedious and it is easy to follow the financial blog if you want that content. I’m curious, though, what MCCareer.org readers want.
For example, yesterday I found another PDF of frequently asked questions on the BRS. I ask you, the readers of MCCareer.org, what you would have wanted me to do with that PDF. Use the poll below so I get an idea of what you guys want:
Here’s a link to a story from the Military Officers Association of American about the new Blended Retirement System (BRS):
The bottom line…
“When making the difficult decision about whether to switch to the BRS, keep in mind the conflicts of interest regarding the BRS: the government stands to save a significant amount with the BRS and, financial service firms can’t wait to guide members’ seeking investment advice into expensive investment products. Tread lightly.”
Here is the latest PDF for those facing this decision (if you will have served for fewer than 12 years on December 31, 2017):
Here is a nice article for those debating between the current retirement system and the new Blended Retirement System or BRS:
Here’s a link to another article about the new blended retirement system (BRS):
I might be the only person who reads his entire LES every month, and I noticed this on May’s LES:
THE BLENDED RETIREMENT SYSTEM OPT-IN COURSE (2 HRS) (COURSE #J3OP-US1332) IS NOW AVAILABLE VIA JKO AT HTTPS://JKODIRECT.JTEN.MIL/ THE COURSE IS DESIGNED TO PROVIDE ELIGIBLE SERVICE MEMBERS INFORMATION FOR MAKING A DECISION ABOUT WHICH DOD RETIREMENT SYSTEM BEST MEETS THEIR NEEDS. THIS IS MANDATORY FOR ALL OPT-IN ELIGIBLE SERVICE MEMBERS.
Here is a link to an article that discusses two genuine concerns, the current operational tempo and the new Blended Retirement System (BRS):