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July 3, 20173 Minutes
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Thrift Savings Plan and Savings Deposit Program Information
Saving money doesn’t come easy to most people, but the military offers two programs to help you out. The federal government’s Thrift Savings Plan lets you save tax-free toward your retirement while the Defense Department’s Savings Deposit Program allows you to build savings quickly during military deployments to a combat zone.
Visit the Defense Finance and Accounting Service website at https://www.dfas.mil/MilitaryMembers/sdp/ for more information about the Savings Deposit Program. Learn about the Thrift Savings Plan at https://www.tsp.gov/.This episode is part of the Military OneSource Podcast.
Military life topics including deployment, PCS, recreation, relationships, finances, parenting, etc.