First Command News & Media

FOR IMMEDIATE RELEASE — April 6, 2016

First Command shares CEO perspective on new military retirement system

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FORT WORTH, Texas – Will the new military retirement system bring financial success to America’s military families? First Command Financial Services, Inc. is offering the perspective of CEO Scott Spiker in the Spring 2016 issue of Journey, the online magazine for First Command clients.

In “The New Military Retirement,” Spiker explains the new program and how success will depend on proactive service member actions.

“I believe there are legitimate concerns about whether this structural reform of military retirement will really be in the long-term best interests of future service members,” Spiker said. “It almost assuredly will not be in the long-term best interests of those service members who fail to grasp the importance of taking full advantage of the Thrift Savings Plan and making smart, informed decisions about the new lump sum bonus opportunities and other key military benefits.  This is not, in other words, a time for service members and their families to passively assume that their financial future is set.”

Be sure to check out this article and the entire Spring issue at http://fcjourney.com/.


About First Command

First Command Financial Services and its subsidiaries, including First Command Bank and First Command Financial Planning, assist American families in their efforts to build wealth, reduce debt and pursue their lifetime financial goals and dreams—focusing on consumer behavior as the first and most powerful determinant of results. Through knowledgeable advice and coaching of the financial behaviors conducive to success, First Command Financial Advisors have built trustworthy, lasting relationships with hundreds of thousands of client families since 1958.

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