MQFP® CEU

Military Divorces … Are They Really Any Different Than Non-Military Divorces? With topics of discussion and aspects ranging from jurisdiction, jargon and terminology, different payroll offices, forms, processes and paystubs; federal rules regarding qualifying for post-divorce healthcare and other benefits, pension division post NDAA 2017, Military Retirement Pay Division Orders, nuances around the Survivor Benefit Plan (SBP), GI Bill Educational Benefits and Transfer of Entitlement (TOE), USFSPA, TSP division, Retirement Benefits Court Orders, VA disability payments and potential rating changes, calculation of Child Support, Spousal Support, FERS Military Service Buy Back Program, and remembering Sly and The Family Stone … “so on and so on, Scooby-Dooby-Dooby” … how would YOU answer that question?

Guard and Reserve families share many similar financial experiences with Active Duty families; but there are distinct advantages and challenges related to their Reserve Component status. This session will focus on the unique aspects of Guard and Reserve retirement including topics related to qualifying for retirement, calculating a reserve pension, reducing their retired pay eligibility age, and earning an active duty pension. Additionally, we’ll take a detailed look at the Reserve Component Survivor Benefit Plan (RC-SBP) decision, healthcare coverage and gray zone retiree benefits and limitations.

Guard and Reserve families have added layers of complexity when combining military pay and benefits with civilian careers. They face many of the same challenges as their Active Duty peers but this session will focus on the unique nuances of this community:

Whether it's during the transition to civilian employment or because combined spouse income is too high, many military families miss out on Roth IRA tax-advantaged savings. Backdoor Roth IRA is a technique that can help families continue to build wealth for their future and suppress their lifetime tax bill.