Can I Cancel SBP After Military Retirement?

Retirees have the option to cancel the Survivor Benefit Plan (SBP) within the three-year window after military retirement. The SBP is a form of life insurance that pays out a portion (55%) of the member's retirement pay each month until the survivor either passes away or is no longer eligible to receive the payments. It is important to note that after the 36-month mark, the SBP cannot be canceled.

---------

This video is part 3 of 25 of a series of microlessons.

Unlock the full potential of your retirement with our Military Retirement Blueprint video series. With 25 micro-lessons, you'll have access to the expert knowledge and strategies you need to maximize your financial, health, and lifestyle opportunities. Furthermore, you will have exclusive access to our specialized knowledge library designed specifically for military retirees who are or will become high-income earners. It's a new and better alternative to "Benefits & Transition Assistance." Don't miss out on this valuable opportunity - start your FREE trial now and gain access to our insiders portal. Invest in your future and take control of your retirement today! Visit https://militaryretirementblueprint.com/