New Blended Military Retirement

Military retirement is changing, and gone are the days where we could determine what a person’s total retirement benefit would be if we knew a few things, like rank, years of service, and base pay. Beginning in January 2019, new military service members who join the Army, Navy, Air Force, Coast Guard, Marine Corps, or…

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The Thrift Savings Plan in Virginia Military Divorce

The TSP, or Thrift Savings Plan, is the federal government’s version of a 401(k) plan. Military service members, members of the reserves, and other federal employees are entitled to participate in the Thrift Savings Plan. Retirement accounts, as you probably already know, are super important in divorce cases. If we’re talking about equitable distribution (the…

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