The Survivor Benefit Plan (SBP) often is one of the least understood military benefits.
SBP enrollment provides a monthly income to survivors for life and automatically protects survivors of active duty servicemembers. It's not pleasant to consider our families without us, but if you're counting on your retirement pay to get your children through college or to help fund your spouse's retirement, you'll want to know the intricacies of SBP so you can make an informed decision for you and your family.
MOAA's Survivor Benefit Plan: Security for Your Survivors publication includes worksheets and provides you with background information, enrollment, and other details to help you better understand SBP.
For MOAA Premium and Life Members, benefits and financial counseling with MOAA staff experts will complement the process of completing this workbook. Also, the surviving spouses of deceased MOAA Life and Premium members become MOAA members in their own right upon their spouse's passing, making them eligible for all MOAA member benefits, including financial counseling.
Additionally, join MOAA on the legislative front as we mobilize our members in April during Storming the Hill to educate lawmakers on why we need to eliminate the SBP-Dependency and Indemnity Compensation offset (also known as the "widows tax"). Take action today.