DD Form 2891 – Authorization for Retired Serviceman’s Family Protection Plan (RSFPP) and/or Survivor Benefit Plan (SBP) Costs Deduction

DDFORMS.ORG – DD Form 2891 – Authorization for Retired Serviceman’s Family Protection Plan (RSFPP) and/or Survivor Benefit Plan (SBP) Costs Deduction – As a retired serviceman, protecting your loved ones is likely one of your top priorities. This is where the Retired Serviceman’s Family Protection Plan (RSFPP) and Survivor Benefit Plan (SBP) come into play. Both plans offer financial security for your family in the event of your death, but they also come with costs that may be deducted from your retirement pay.

To authorize these deductions, you must fill out DD Form 2891 – Authorization for Retired Serviceman’s Family Protection Plan (RSFPP) and/or Survivor Benefit Plan (SBP) Costs Deduction.

Download DD Form 2891 – Authorization for Retired Serviceman’s Family Protection Plan (RSFPP) and/or Survivor Benefit Plan (SBP) Costs Deduction

What is a DD Form 2891?

A DD Form 2891 is an authorization form that retired servicemembers use to provide consent for deductions from their paychecks. The form is used specifically for authorizing the deduction of costs related to the Retired Serviceman’s Family Protection Plan (RSFPP) and/or Survivor Benefit Plan (SBP).

The RSFPP provides life insurance coverage for the families of retired servicemembers, while the SBP provides a continued income stream to designated beneficiaries in the event of a retiree’s death. Both programs are part of a comprehensive package designed to protect military veterans and their loved ones after retirement.

By signing this form, retirees give permission for their respective branch of service to deduct necessary premiums from their retirement pay. This ensures that policy coverage continues uninterrupted and helps protect families from financial hardship in case of loss or disability.

Where Can I Find a DD Form 2891?

The DD Form 2891 is a critical document for retired service members looking to protect their families financially. This form authorizes the deduction of costs associated with the Retired Serviceman’s Family Protection Plan (RSFPP) and/or Survivor Benefit Plan (SBP). However, finding this form can be challenging for some individuals.

One way to obtain a DD Form 2891 is by contacting your local base or military installation. They may have copies of the form readily available or be able to direct you to the appropriate resources. Another option is to download the form online from official military websites such as Defense Finance and Accounting Service (DFAS) or Military OneSource. It’s important to note that filling out this form correctly and submitting it in a timely manner is crucial for ensuring that your family receives financial protection in case of unexpected events.

DD Form 2891 – Authorization for Retired Serviceman’s Family Protection Plan (RSFPP) and/or Survivor Benefit Plan (SBP) Costs Deduction

The DD Form 2891 serves as an authorization for the retired serviceman’s family protection plan (RSFPP) and/or survivor benefit plan (SBP) cost deduction. The RSFPP is a voluntary program that provides financial assistance to the family members of military personnel after their death. On the other hand, SBP provides lifetime annuity payments to eligible beneficiaries in case of a retiree’s death.

Submitting DD Form 2891 allows retirees to designate their chosen beneficiaries and authorize deductions from their retirement pay to cover the cost of these programs. The form also grants permission for any necessary changes or cancellations in coverage and deductions.

Overall, ensuring proper completion and submission of DD Form 2891 is crucial for retired servicemen who want to guarantee financial security for their loved ones after they pass away. It is important for retirees to regularly review and update this form as needed, especially when there are significant life changes such as marriage, divorce, or additions to their family.

DD Form 2891 Example