Savers in the U.S. military

Which branch of the military saves the most? The Navy. And the least? The Army. The Washington Post reports on the “success” of the six-year old Thrift Savings Plan for soldiers. Although only about 36 percent of active-duty military personnel have enrolled in the tax-deferred contribution plan, which means there is plenty of room for improvement.

As of April, 52 percent of Navy active-duty personnel were making contributions, along with 35.7 percent of the Marine Corps, 33.8 percent of the Air Force and 26.4 percent of the Army.

Continue reading the post here.

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