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GAO: Some troops struggle with financial literacy when it comes to retirement benefits

Tony

By Tony
in Transition Assistance

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Tony

Tony

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WASHINGTON -- The military offers a smorgasbord of benefits aimed at setting up troops for success during service and retirement. However, some service members aren’t financially literate enough for long-term financial planning after the recent transition to the new retirement system, according to a new report from the Government Accountability Office. https://www.stripes.com/news/us/gao-some-troops-struggle-with-financial-literacy-when-it-comes-to-retirement-benefits-1.604172

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