FORT WORTH, Texas–(Business Wire)–Look for wives and husbands to play a key role in decisions facing service members this year under the military’s new retirement program.
The First Command Financial Behaviors Index® reveals that 82 percent of spouses in middle-class military families (commissioned officers and senior NCOs in pay grades E-5 and above with household incomes of at least $50,000) expect to be extremely or very involved in the process of deciding between opting in to the Blended Retirement System (BRS) and sticking with their traditional guaranteed pension. And one in five think they should be the primary decision maker.
“These […]
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