Benefits for Members of the Armed Forces

Topics:
Accounting software,
Retirement
Tags:
Benefits,
Eligibility,
Force,
Human Resources,
Investopedia
Source:
Investopedia

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Overview: If one is an active member of the U.S. armed forces, there may be times when he doesn't get a chance to make his IRA contribution by the yearly Apr 15 deadline for making these contributions. One may also be concerned about how one's time in the armed forces affects his eligibility to participate in the employer's plan and receive plan benefits. Worry not! As a member of the armed forces, one is entitled to certain benefits that, for purposes of determining one's eligibility to receive things like employer contributions and the ability to become vested in those contributions, credit one with years of service.

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Format: HTML | Date: Jun 2003 | Pages: 3

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