Today I am going to talk about the Survivor Benefit Plan. Like its reserve component version, this is one of the most important decisions a service member must make.
10 USC Subtitle A, Part II, Chapter 73, Subchapter II: Survivor Benefit Plan
Survivor Benefit Plan (Defense Finance and Accounting Service)
Advantages and Disadvantages of RCSBP / SBP
RCSBP Fact Sheet
$550 per month from SBP Compared to $100,000 Life Insurance: How Long Will It Last?
$2200 per month from SBP Compared to $100,000 Life Insurance: How Long Will It Last?
DD Form 2656 – Data for Payment of Retired Personnel
CG Form 4700 – Coast Guard, PHS, & NOAA Retired Pay Account Worksheet and Survivor Benefit Plan Election