Mark Sullivan

Military Survivor Benefit Plan – Practical Tips for the Practitioner

by Mark E. Sullivan The Survivor Benefit Plan (SBP) is the survivor annuity associated with military retired pay. If the servicemember (SM) or retiree dies first, the spouse or former spouse (FS) survivor will receive 55 percent of the selected base amount (usually the full pension) for life. The cost is 6.5 percent of the Read more about Military Survivor Benefit Plan – Practical Tips for the Practitioner[…]