The WSJ sanewashing this administration because the Pentagon follows the commander in chief and we know Trump neither weighs, ponders or considers shit.
He makes up random bullshit on the fly and the Pentagon blindly obeys. If they are lucky, they get to react as to how to minimize the inevitable fallout of supremely stupid decisions in the hopes they can survive long enough to make it to to retirement.
The smarter Pentagon officials are probably googling “US military pension lump sum payouts” along with “Renouncing US citizenship” and “Warm, cheap places to retire to.”
There’s no lump sum option for a military pension, at least not in the US, and renouncing citizenship also forfeits any future pension or social security entitlements.
AFAIK, once you qualify for Social Security, you get it even if you stop being a citizen. I looked into it at some point as I plan to renounce once my parents pass (I already live overseas)
If you have a pension worth $1 mil, that trickles in over time, you sell it for $600,000 lump sum and just get pension payments deposited into an account of their choosing. You got some immediate cash. They get more money over time.
“Weighs”. A curious term.
The WSJ sanewashing this administration because the Pentagon follows the commander in chief and we know Trump neither weighs, ponders or considers shit.
He makes up random bullshit on the fly and the Pentagon blindly obeys. If they are lucky, they get to react as to how to minimize the inevitable fallout of supremely stupid decisions in the hopes they can survive long enough to make it to to retirement.
The smarter Pentagon officials are probably googling “US military pension lump sum payouts” along with “Renouncing US citizenship” and “Warm, cheap places to retire to.”
I just posted this because last week it was 2000. By these trends it will be 50000 next week and 250000 after easter…😑
It’s gonna be a second Vietnam if the dumbasses go through with it.
I hope Israel is a worth it.
It isn’t. Genocide killed any chances there. They became what they feared most.
There’s no lump sum option for a military pension, at least not in the US, and renouncing citizenship also forfeits any future pension or social security entitlements.
Edit: VA and healthcare benefits too.
AFAIK, once you qualify for Social Security, you get it even if you stop being a citizen. I looked into it at some point as I plan to renounce once my parents pass (I already live overseas)
Interesting. Wonder why you retain that but lose everything else. Thanks for the correction.
Can you sell your pension to JG Wentworth types?
I’ve never heard of it. Doesn’t that require the pension to have a buy-out value? Military pension doesn’t have that.
If you have a pension worth $1 mil, that trickles in over time, you sell it for $600,000 lump sum and just get pension payments deposited into an account of their choosing. You got some immediate cash. They get more money over time.