The former military spouse blog became a place for current military spouses and former military spouses to learn more about USFSPA proposals taking place across the U.S. and the division of retirement pay in military divorces. We’ve since expanded to include a mixture of legal issues, divorced...
Retirement pay also includes an annual cost-of-living adjustment.Thrift Savings Plan The Thrift Savings Plan, or TSP, is like a private-sector 401(k) retirement savings account. The government began matching user contributions in 2018. Now, while troops always have ownership of the ...
However, it doesn’t decided if a former spouse recieves any portion of pay; that is still decide by state courts. So, this law is more aboutwhopays the ex-spouse and not aboutifthe ex-spouse gets paid. Dividing Retirement Pay Once you’ve served 20 years and areeligible for retiremen...
However, it doesn’t decided if a former spouse recieves any portion of pay; that is still decide by state courts. So, this law is more aboutwhopays the ex-spouse and not aboutifthe ex-spouse gets paid. Dividing Retirement Pay Once you’ve served 20 years and areeligible for retiremen...
In the military, there is a term for this genre of insult. It's called "dependa-shaming," and as a longtime military spouse... Future First Lady Jill Biden to Relaunch Military-Focused Joining Forces Initiative The future first lady has named a former deputy director of the effort, Rory...
The Uniformed Services Former Spouses' Protection Act (USFSPA) allows state courts to treat military retirement pay as property for possible division in matters of divorce. The problem is that several military and veterans' organizations believe this law to be discriminatory towards military members and...
Military Veteran Pay Military Retired Pay Overview Guard And Reserve Retirement VA Loans Suicide Prevention Memorial Benefits Survivor Benefits Military Discount Center, Deals and Freebies GI Bill Featured VA Loan Articles AVA home loanis one of the most useful military benefits. If you qualify, you...
Will a military member really be happy resigning from service and following the ambitions of the military spouse? The desire to serve one’s country can outweigh the commitment to marriage. And, the resentment that builds within a spouse who sacrifices a career may also lead to divorce. ...
Another unique aspect of military divorce concerns the division of military retirement pay. The Uniform Services Former Spouses’ Protection Act (USFSPA) has provided guidance to both the military and state courts on how to treat a military member’s retirement pay. Although the specific treatment ...
The ‘10/10 rule’ is a crucial consideration; it stipulates that if the marriage and military service overlapped for at least ten years, the Defense Finance and Accounting Service (DFAS) will directly pay the former spouse’s portion of the military retirement. If this condition is not met...