Online Sec & Mng Ret Pay

Defense Finance
and Accounting Service
Providing payment services of the U.S. Department of Defense

Online Security and Managing Your Retired Pay

We know you’re retired, but in this issue we are going to talk to you about the hard work required to manage your military retirement pay.
Once you’ve retired from military service, it’s natural to think that everything is settled and that your pay will always arrive on time, in the proper amount and deposited in your bank account. But, while you feel it’s time to kick back and relax, there’s still the job of protecting your financial security and the financial well-being of your loved ones.
The bottom line is that you have to take an active role in managing your pay account; and now is the best time to set up your routines to make that job easier.
In this issue, we’re including articles on how to perform an annual audit of your retirement pay account and how to educate your beneficiaries to play their role when the time comes. But first we’ve got some news about updates to the myPay system; how they will affect you and what new features will help you manage your military retirement pay.
Updated June 24, 2013