Military retirement and AAFMAA

Money Making Sense

Military retirement and AAFMAA

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Published on Jul 5, 2023, 1:00:00 AM
Total time: 00:25:30

Episode Description

You MUST enroll in Survivor Benefit Plan THIS year if you are a military retiree and haven't already.  Retired Brigadier General Mike Meese, says this is a one-time allowance Congress has approved.

Mike Meese is also President of AAFMAA (American Armed Forces Mutual Aid Association) and explains what the Thrift Savings Plan (TSP) is and how military 401k programs work.  Children of deployed service members should contact AAFMAA.com to get information about their benefits.

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More about Money Making Sense

The goal of Money Making Sense, a 4-time People's Choice Podcast Award finalist, is to help you find more financial peace.  Host Heather Kelly and guest experts focus on personal finances and analyzing family decisions.  The show discusses vacationing on a budget, how money affects relationships, retirement savings, reducing household expenses, and the financial impact of owning pets.  Along with celebrity interviews from the Sundance Film Festival and FanX Salt Lake focusing on finances.  Money Making Sense will give you practical ideas on how to improve your bottom line.