answersLogoWhite

0


Best Answer

The Blended Retirement System offers a matching contribution to the Thrift Savings Plan, a defined contribution retirement savings plan for federal employees. It also provides a portable retirement benefit for service members who may not stay in the military for a full 20 years. Overall, the Blended Retirement System can offer greater flexibility and potential for retirement savings compared to the traditional system.

User Avatar

AnswerBot

4d ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why opt onto the BLended retirement system?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Money that is vested in a retirement account is .?

Service member's decision to opt into the Blended Retirement System (BRS)


Money that is vested in a retirement account is?

Service member's decision to opt into the Blended Retirement System (BRS)


Which of the options listed pertain to the Blended Retirement System but not the legacy High-3 retirement system?

Options that pertain to the Blended Retirement System but not the legacy High-3 retirement system include automatic government contributions to the Thrift Savings Plan (TSP), continuation pay for members at the mid-career point, and the ability to opt into the BRS within a certain time frame.


Which of the options listed pertain to the Blended Retirement System but not the legacy High-3 retirement system Select all that apply?

Matching contributions to TSP, continuation pay, and mid-career retirement bonus are features of the Blended Retirement System that are not part of the legacy High-3 retirement system.


Service members who elect to opt into the Blended Retirement System must serve complete year(s) in order to keep the Government-automatic (1 percent) contributions.?

2 yrs


Which of the options listed pertain to the Blended Retirement System but not the legacy High-3 retirement system (Select all that apply)?

Active Component (AC) Service members who do not choose to opt into the BRS by December 31, 2018 will be_____.


As of December 31 2017 reserve component service members with fewer than 4320 retirement points will be?

grandfathered into the legacy high-3 retirement system and are eligible to opt into the BRS


What will Active Component Service members who do not choose to opt into the BRS by December 31 2018 will be?

choosing to remain in the legacy high 3 retirement system


As of December 31 2017 Reserve Component (RC) Service members with fewer than 4320 retirement points will be?

Not eligible for retirement at that time but may continue to accumulate points for a possible future retirement benefit.


Can a Ohio public employee opt out of OPERS?

Can an employee who has retired under a alternate Ohio State retirement plan and was re-hired into a position covered under OPERS opt out of participation in the OPERS retirement plan since the matching contribution do not accrue to the re-hired employee.


Should hong kong adopt this organ donation opt out system?

no


Basic interview knowledge of OLT and ONU system Basic interview knowledge of outside plan system Basic interview opt?

== ==