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TMW 024: Survivor Benefits Plan
Manage episode 268928590 series 2773031
Indhold leveret af Ryan Guina, Veterans Benefits, Military Retirement, and VA Disability Benefits. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Ryan Guina, Veterans Benefits, Military Retirement, and VA Disability Benefits eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
The Survivor Benefit Plan provides a continued source of income for survivors of military retirees. If a military retiree elects to buy into the Survivor Benefit Plan (SBP), his spouse or other eligible survivor will be eligible to receive 55% of the retiree’s retirement pay after the retiree passes away. This can provide ongoing income and stability for survivors, but it does come at a cost, as retirees must buy into the plan. In this podcast, we dive into the Survivor Benefit Plan details and discuss when it makes sense to buy into the SBP, and when veterans may be better off choosing to self-insure through an insurance policy or completely forgo either form of insurance. We cover a lot in today's podcast, so be sure to take notes or visit the show notes at http://themilitarywallet.com/survivor-benefits-plan/ You and your spouse will be glad you did!
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