Savings Deposit Program
Another retirement savings opportunity for military personnel during deployment is the Savings Deposit Program. Troops deployed to a designated combat zone can contribute up to $10,000 to a Savings Deposit Program account that guarantees 10% return per year. Contributions can be made for 90 days after leaving the official combat zone.
For more information on the Savings Deposit Program, visit the military’s Defense Finance and Accounting Service website.