Posted on Feb 26, 2014
1SG First Sergeant
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I've thought about participating in the Savings Deposit Program but I don't see the benefits from it. what are your thoughts?
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Responses: 4
SSG It Specialist
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As a 36B do it! Do it!
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SGT K G
SGT K G
7 y
SSG (Join to see) I have a question for you.
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SSG It Specialist
SSG (Join to see)
7 y
Ask away.
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SFC Michael Hasbun
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It's a savings account with a higher than  average interest rate. What benefit are you not seeing?
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1SG First Sergeant
1SG (Join to see)
>1 y
you can only make up to 10% of what you deposit and you can only deposit up to $10,000 and you can only keep it in the account 90 days past redeployment. 
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SFC Rear Detachment Ncoic
SFC (Join to see)
>1 y
Where do you not see the benefit? Where can you make 10% interest anywhere else? I did it and wish I could deploy so I could do it again.
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SFC Michael Hasbun
SFC Michael Hasbun
>1 y
Exactly. It's much better than just leaving it in your checking acount where you'll get maybe 1% interest...
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Sgt Individual Material Readiness List (IMRL) Asset Manager
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It has great benefits that allow you to compound your money. I was wondering if this program is allowed outside of a combat area?
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