• Insurance & Retirement Benefits

      Insurance & Retirement Benefits

      The Military offers benefits that rival — or surpass — those offered by civilian employers. Not only do service members have access to health care, but they can also plan for the future through the Military’s life insurance and retirement plans.

    • Free Health Care

      Active-duty service members receive free medical and dental care. In addition, the spouse and dependent children of an active-duty service member may enroll in military health care (a small enrollment fee and annual deductible may apply). As of 2011, TRICARE, the Military’s health care plan, will cover dependents of service members up to age 26.

      Life Insurance

      Life insurance can help protect a family’s financial stability. Active-duty service members may select up to $400,000 in Service Group Life Insurance (SGLI) at a cost of only $29 a month, which is automatically deducted from each paycheck.

      VA Benefits

      The Department of Veterans Affairs (VA) provides dozens of federal benefits to veterans and their dependents, including VA home loans that are guaranteed by the federal government. Other VA programs include educational assistance and disability compensation.

      Learn more about Department of Veterans Affairs programs
      Learn more about life after serving in the Military


      Retirement

      Service members can retire far earlier compared to most civilian jobs. After 20 years of service, they have two options from the Unformed Services Blended Retirement System (BRS):

      • Receive a defined benefit, which is a monthly pension for life that's calculated based on a service member’s highest 36 months of basic pay and years of service
      • Receive a lump sum, which is a discounted portion (25 or 50 percent) of their retirement, paid either all at once or distributed annually for up to four years. This means the defined benefit payment is reduced until reaching full retirement age.

      This benefit is also available to Reserve and Guard members after 20 years of service and reaching age 60.

      More information on the BRS


      Thrift Savings Plan

      For all service members, the BRS automatically sets aside 3% of their basic pay in a Thrift Savings Plan (TSP) for retirement (the contribution is adjustable according to IRS limits). The Services will match a service member’s contribution after two years, which is also when that savings is theirs to take with them, even if they leave the Military.

    • Resources

      Contact a Recruiter

      Schedule a meeting with a recruiter and learn what to expect from your visit.

      Request Info

      Get a complimentary DVD and magazine, plus additional information from each Service, sent to your home.

      Frequently Asked Questions

      View answers to commonly asked questions about the Military.

      Further Exploration

      Further Exploration

      You've finished your journey and seen all the Military offers. Continue your exploration with hundreds of Joining, Training, Living & Working videos.