Military Benefits Breakdown: What You’ve Earned
Military retirement benefits have gotten complicated with all the different programs, eligibility rules, and application processes flying around. As someone who worked in benefits counseling for years helping service members understand their complete compensation package, I learned everything there is to know about what you’ve actually earned through your service. Today, I will share it all with you.
Your benefits extend far beyond the monthly pension check. TRICARE provides healthcare at a fraction of civilian costs. The Survivor Benefit Plan protects your family’s financial security. VA disability compensation provides tax-free income for service-connected conditions. Base access through commissary and exchange privileges saves thousands annually. Education benefits through the GI Bill fund degrees or transfer to dependents. Home loan guarantees eliminate down payment requirements.
That’s what makes military retirement endearing to us veterans—the complete package recognizes decades of service through comprehensive lifetime benefits. Probably should have led with this section, honestly. Most service members don’t fully appreciate the total value until after they retire and see what their civilian counterparts pay for similar benefits.
Understanding what you’ve earned helps you claim every benefit you’re entitled to. Don’t leave anything on the table after dedicating your career to military service.
