What is the 20/20 15 rule for military?

What is the 20/20 15 rule for military?

20/20/15: Under the 20/20/15 rule, you keep all TRICARE health care benefits for one year if you were married to the service member for at least 20 years, the service member served in the armed forces for at least 20 years, and the marriage and the period of service overlapped for at least 15 years.

Do both military spouses get separation pay?

Effective October 1, 2008, FSA is also payable to both members of dual military couples (both are military Service members) when they reside together immediately before both being assigned to duty assignments that meet any of the conditions described below.

Does my wife get BAH while I’m at basic?

If you are married and living with your spouse or minor dependents, you will either live in on-base housing or be given a monetary allowance called Basic Allowance for Housing (BAH) to live off-base. You will receive BAH Type II anytime you are on active duty for less than 30 days.

How do you qualify for separation pay?

To qualify for ISP, a Service member must have received an involuntary separation that is characterized as either “honorable” or “general (under honorable conditions)” and is required to agree to serve in the Ready Reserve (Selected Reserve or Individual Ready Reserve) of a Reserve Component for a period of not less …

How much money does a soldier have to pay his spouse?

A spouse with no children is entitled to ⅓ of the service member’s gross pay. (Gross pay is base pay plus basic allowance for housing.) ½ of the member’s gross pay is to be given to a spouse with a single child.

Can you lose VA disability in a divorce?

VA Disability Benefits Are NOT Considered an Asset in a Divorce. The Uniformed Services Former Spouses’ Protection Act exempts VA disability benefits from being divided during a divorce. In other words, VA disability compensation is not an asset that a judge can divide as marital or community property.