A new Military Retirement Plan is in the works. Using a computer model, the current system will offer “piles of cash” at critical career points to entice service members to stay or leave the force depending on the critical skills of the service individual. Citing cost efficiencies, the plan offers a fairly large lump sum payment of $30,000.00 cash at the 15 year mark which would cut a service member’s lifetime retirement benefit by more than $300,000.00
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Military Retirement Plan to change soon (5 years)
Published by admin September 4th, 2008 in Financial and Statistic. 0 CommentsCredit Score: Myths vs. Facts
Published by admin August 29th, 2008 in Financial, Mortgage, Real Estate and Statistic. 0 CommentsThere are a lot of credit score myths circulating around. Knowing the facts will help you to improve your credit score and helps you to become a better investor. Let’s look at how credit score works.
More than 7 out of every 10 Americans (71%) would accept a job that pays less but provides health insurance and includes a defined benefit pension plan rather than take a job that pays more income but lacks both health insurance and a pension benefit (source: Time Magazine).