DDFORMS.ORG – DD Form 2656-2 – Survivor Benefit Plan (SBP) Termination Request – Survivors of recently deceased service members may be eligible for benefits from the Survivor Benefit Plan (SBP). The SBP provides benefits to survivors of servicemembers who die while on active duty, or after discharge from active duty for a disability due to an injury or disease incurred or contracted in the line of duty.
Download DD Form 2656-2 – Survivor Benefit Plan (SBP) Termination Request
Form Number | DD Form 2656-2 |
Form Title | Survivor Benefit Plan (SBP) Termination Request |
Edition Date | 7/1/2020 |
File Size | 37 KB |
What is a DD Form 2656-2?
The DD Form 2656-2 is a legal document used by members of the military who wish to terminate their Survivor Benefit Plan (SBP) coverage. The SBP is a government-sponsored program that provides financial assistance to eligible survivors of deceased service members. However, some individuals may choose to discontinue this coverage for various reasons, such as changing beneficiaries or reducing expenses.
The form requires detailed information from the member, including personal identification data and current SBP coverage details. Once completed, it must be submitted to the appropriate military branch’s finance center for processing. It is important to note that terminating SBP coverage can have significant consequences on surviving family members’ financial well-being in the event of a service member’s death.
Therefore, it is recommended that individuals carefully consider their options before deciding to terminate SBP coverage and seek guidance from qualified professionals if needed. The DD Form 2656-2 serves as an official record of this decision and should be treated with care and attention.
Where Can I Find a DD Form 2656-2?
The DD Form 2656-2 is a Survivor Benefit Plan (SBP) Termination Request that military personnel or their beneficiaries can use to stop SBP payments. If you are a beneficiary receiving SBP payments and want to terminate them, you can find the form on the Defense Finance and Accounting Service (DFAS) website or by visiting your nearest military installation. The form is also available at VA offices, TRICARE service centers, and legal offices.
To access the form online, visit the DFAS website, click on Forms & Publications under the Resources section of the homepage, then click on Military Retirees & Annuitants Forms. Scroll down to locate DD Form 2656-2 and download it. Once you have completed and signed the form, mail it to DFAS Retired Pay Operations along with any required documentation.
In conclusion, whether you prefer online or in-person options for accessing DD Form 2656-2 depends on your convenience. While online access offers simplicity from anywhere at any time of day or night, visiting physical locations could offer more personalized support in filling out forms correctly.
DD Form 2656-2 – Survivor Benefit Plan (SBP) Termination Request
When a military retiree passes away, their Survivor Benefit Plan (SBP) coverage provides financial support to their surviving spouse or eligible dependent children. However, in certain situations, the SBP coverage may need to be terminated. This is where the DD Form 2656-2 comes into play. The form is used by retirees to request termination of SBP coverage for their spouse or other eligible dependents.
The reasons for terminating SBP coverage can vary from individual to individual. For example, a retiree may choose to terminate SBP coverage if they get divorced and no longer have an eligible dependent spouse. They may also choose to terminate the plan if they remarry after age 55 and their new spouse is not eligible for SBP benefits. Whatever the reason may be, completing and submitting the DD Form 2656-2 is necessary for initiating the termination process.
It’s worth noting that retirees must complete this form within one year of becoming eligible for Social Security benefits unless they receive a waiver due to extenuating circumstances. If you’re unsure about whether you need to complete this form or how it affects your retirement benefits, it’s best to consult with your finance office or seek guidance from a qualified professional who specializes in military retirement planning.