Military retirement benefits

An overview of your military retirement benefits

Military retirement pay

Servicemembers who remain on active duty or serve in the Reserves or Guard for a sufficient period of time (usually a minimum of 20 years) may retire and receive military retirement pay.

Servicemember in uniform.

Keep in mind: No matter which military retirement plan you choose, it will probably not be enough to provide for everything you’ll need during your retirement. So planning ahead and understanding your options is important.

NOTE: Members who become disabled while on duty may be medically retired and receive a disability retirement.

Thrift Saving Plan (TSP)

Contributing to the Thrift Saving Plan (TSP) can help you increase your retirement savings. Every federal employee, including military members, may contribute to a Thrift Savings Plan. The traditional TSP plan offers the same type of savings and tax benefits as a 401(k) plan.

Military members may also contribute to a Roth TSP, which is a way to save for retirement and pay your taxes now so your withdrawals in retirement are tax-free.

To learn more, visit the Thrift Savings Plan (tsp.gov) website.

Remember: It’s a good idea to check your benefit package periodically, because it may change.

Click the Next button to learn more.