1. Financial Management Element 42
To live and enjoy civilian life, after the military life…

2. Discussion Points Thrift Savings Plan (TSP)
Blended Retirement System (BRS)
Survivor Benefit Plan (SBP)
Indirect Compensation

3. Objectives
Prepare service members to separate or retire; ensuring success through prioritizing financial goals
Develop a realistic post separation budget
Establish the importance of all programs available to veterans
Identify programs and plan financially to supplement military pay which is not available after the separation

4. TSP and BRS

5. Survivor Benefit Plan
The plan is designed to protect survivors against the risks of:
The member’s early death
The survivor outliving the benefits
Inflation

6. Indirect Compensation
Are you aware of all the benefits you have and how much being in the military saves you?
Medical Care including free prescriptions
TriCare Dental Program (TDP)
Federal Tax Advantage on your BAH and BAS
State/Local Tax Advantage
Military Pension
Serviceman’s Group Life Insurance (SGLI)
Discounted Services at the Commissary and NEX
Education Programs
Counseling and Assistance Programs
Legal Counseling/Services
Space Available Travel
Gym Membership

7. Not prepared to separate…

8. Resources Fleet Family Support Centers (FFSC) www.tsp.gov

9. Questions??