Posted on Feb 3, 2016
What do you think of the improved DoD TSP matching program?
18.8K
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Retirement
Military Pay
TSP
Posted 9 y ago
Responses: 20
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The only good thing about it is if you leave before 20 years are up, you can take it with you. In my experience, if someone has a new way of doing something that wasn't broken, it only benefits them.
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Don't do it! Keep with the old system if you can. Ask a finance professional, in the long term the new system only benefits the gov't and those that don't stay for 20yrs.
(10)
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9
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Yeah, only improved if you're sure, and I mean certain, you won't stay 20. I was committed to leave at the 7 year point, and then again at 12 years. And then I stayed for 26. SOOO happy to have the 20 year retirement instead of this new system.
(9)
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Col Joseph Lenertz
Agree, and I think it will harm retention, especially of those in hot career fields.
(1)
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