Jan
10
What is the Savings Deposit Program – SDP?
January 10, 2010 | Leave a Comment
Savings Deposit Program (SDP)
The Savings Deposit Program is available only to those serving in designated combat zones.
Military members deployed in combat zones, qualified hazardous duty areas, or certain contingency operations may be eligible to deposit all or part of their un-allotted pay into a DOD savings account up to $10,000 during a single deployment. Interest [...]
Jan
10
What is the Thrift Savings Plan – TSP?
January 10, 2010 | 1 Comment
The Thrift Savings Plan (TSP) is a Federal Government-sponsored retirement savings and investment plan. Congress established the TSP in the Federal Employees’ Retirement System Act of 1986. The purpose of the TSP is to provide retirement income.
On October 30, 2000, the Floyd D. Spence National Defense Authorization Act for Fiscal Year 2001 (Public Law 106-398) [...]
Find It!
Custom Search