Specifically, Military Retirement will calculate
• RETIREMENT PAY : Based on Rank, Years and Months of Service, and Date of Retirement
• SURVIVOR BENEFIT PLAN : Benefit and Premium
• TRICARE MEDICAL INSURANCE : Options and Premium
• DISABILITY PAY : Based on disability rating
• VETERANS GROUP LIFE INSURANCE : Coverage and Premium
• FEDERAL TAXES : Based on filing status
** Note **
Information provided by Military Retirement should be used for educational and initial informative purposes only. Should not be used to plan retirement budget, as actual financial figures may slightly differ.
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