Active Duty Army officer looking for advice

[leftbucket]

A caveat for reservists that in my experience is not well understood...Just wanted to point out that--for the vast majority of reservists without a whole bunch of active duty time--the Reserve Component SBP (RCSBP) is almost always a good deal. It only costs 2.5% of the first ~800$/month (this number is constantly going up too according to escalation)...The closer your projected check is to that number, the better the deal as far as RCSBP.

To the OP, congrats on your successful planning and congratulations on O-6.

All the best,
LB

[smalltownguy1]

Post 9-11 gi bill plans for the kiddos?
Single retired O5 49y/o here

[av8er]

All,

Appreciate the feedback and discussion. After running the numbers and considering our family’s particular dynamics, believe we’ll be best served by taking SBP when I retire in a few years.

Smalltownguy1, unlike the Montgomery GI Bill, the post 9-11 GI Bill has a provision for transferring unused benefits to spouse/children (in return for additional years of service)— https://www.benefits.va.gov/gibill/post911_transfer.asp. We do intend to take advantage of this benefit to help with kids’ college costs.