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  2. Military retirement (United States) - Wikipedia

    en.wikipedia.org/wiki/Military_retirement...

    Mounting costs led Congress to pursue reforms to the military retirement system during the 1980s. Under the National Defense Authorization Act of 1981, the military moved from calculating retirement benefits based on the "final pay," or base pay on the final day of active service, to the "High-3" system. [9]

  3. How to Avoid Paying Taxes on Pensions - AOL

    www.aol.com/avoid-paying-taxes-pensions...

    A retirement saver who expects to receive income from a pension generally needs to account for income taxes in their retirement plan. Most pension benefits are subject to federal income tax and ...

  4. States That Don’t Tax Military Retirement in 2024 - AOL

    www.aol.com/states-don-t-tax-military-211818336.html

    Here are the states that do not tax military retirement pay (but they do have a state income tax for other forms of income): Alabama. Arizona. Arkansas. Connecticut. Hawaii. Illinois. Indiana. Iowa.

  5. States That Eliminated Income Tax on Military Retirement - AOL

    www.aol.com/states-eliminated-income-tax...

    Military veterans in Arizona, Utah, Indiana, Nebraska and North Carolina no longer have to pay income tax on their military retirement benefits, joining a number of other states in not taxing ...

  6. Thrift Savings Plan - Wikipedia

    en.wikipedia.org/wiki/Thrift_Savings_Plan

    The Thrift Savings Plan (TSP) is a defined contribution plan for United States civil service employees and retirees as well as for members of the uniformed services. As of December 31, 2021, TSP has approximately 7 million participants (of which approximately 4.1 million are actively participating through payroll deductions), and more than $845 ...

  7. Defense Finance and Accounting Service - Wikipedia

    en.wikipedia.org/wiki/Defense_Finance_and...

    Website. www.dfas.mil. The Defense Finance and Accounting Service (DFAS) is an agency of the United States Department of Defense (DOD), headquartered in Indianapolis, Indiana. The DFAS was established in 1991 under the authority, direction, and control of the Under Secretary of Defense (Comptroller)/Chief Financial Officer to strengthen and ...

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