By Andia Dinesen, Executive Vice President for Communications & Operations, Association of Military Banks of America
December 31, 2018 will be the last day, for those who are eligible, to opt-in to the Blended Retirement System (BRS). Knowing your options, understanding implications for your future, effects on your current budget, weighing pros and cons of staying on the Legacy (HIGH-3) or opting into BRS, should play a role in your decision. This is an important personal decision.
Below is a list of tools and resources to help you make a decision. Be sure to take the mandatory training and connect with people who can help, like financial counselors and your financial institution’s advisers.
Here are some tips if you are still working on the decision:
How to Opt Into BRS
*Servicemembers with less than 12 years of Service (as of Dec. 31, 2017) or fewer than 4,320 retirement points (as of 31 Dec. 2017) Eligibility Fact Sheet
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The deadline to opt-in to the Blended Retirement System is Dec. 31, make your decision before it's too late with these tips from @MilitaryBanks v/@MilitarySaves! http://bit.ly/2OBJ9kt