Financial Planning for the Transitioning Military Client

1:30 PM - 2:30 PM
San Diego A

Financial planning for the transitioning military client can be quite different from your other clients. There are several vulnerabilities that can make this military to civilian transition challenging. The military does prepare transitioning service members through the Transition Assistance Program (TAP). However, this is a one-size-fits-all program. There are many opportunities for planning beyond this program. This session will prepare you to serve our newest veterans with integrity, empathy, and pride.

Learning Objectives: 

  1. Discuss Cash Flow vulnerabilities: final pay day, pension calculations, next paycheck, new expenses, and transition fund
  2. Discuss Estate Planning opportunities: JAG and beneficiaries (TSP & old documents) 
  3. Evaluate Benefits: Discharge status, TriCare/VA, SGLI/VGLI, SBP, and Other 
  4.  Evaluate Investment Planning: Thrift Savings Plan (TSP) pros and cons, and rolling it over
  5. Discuss Tax Planning: Pension, Disability, and multiple streams of income