How so? As far as I know, the 20-year pension plan is still in place. And yeah, the TSP equity funds were affected, but you’d be surprised how ignorant and apathetic a huge portion of military members are about the TSP and completely unaware of vehicles like the Roth IRA. Plus, that’s all future money, in some case far future. Much less personal impact, as it’s easier to think only about the present. That’s why many aren’t getting all worked up about loss of earned benefits that will only matter years from now once they’ve been discharged. Plus, many Jr enlisted don’t have enough discretionary income to even contribute to a TSP on a meaningful level.
Didn’t they all just see their retirements get obliterated before even becoming vets?
Yeah, he just gutted the VA along with everything else.
How so? As far as I know, the 20-year pension plan is still in place. And yeah, the TSP equity funds were affected, but you’d be surprised how ignorant and apathetic a huge portion of military members are about the TSP and completely unaware of vehicles like the Roth IRA. Plus, that’s all future money, in some case far future. Much less personal impact, as it’s easier to think only about the present. That’s why many aren’t getting all worked up about loss of earned benefits that will only matter years from now once they’ve been discharged. Plus, many Jr enlisted don’t have enough discretionary income to even contribute to a TSP on a meaningful level.