Service Members Financial Planning Assistance Act of 2016
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Service Members Financial Planning Assistance Act of 2016
This bill amends the National Defense Authorization Act for Fiscal Year 2016, effective as of January 1, 2018, to require the department concerned (Department of the Army, Navy, Air Force, Homeland Security, or Commerce) to ensure that certain members of the uniformed services who will be eligible to make an election of lump sum payment of certain military retired pay have access to retirement planning assistance with a certified financial planner, at no cost, by December 30, 2017, to help weigh the potential benefits and drawbacks of making such election and of selecting a particular payment percentage.
Referred to the House Committee on Armed Services.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 6493: Service Members Financial Planning Assistance Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-6493/
"H.R. 6493: Service Members Financial Planning Assistance Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-6493/.
H.R. 6493, 114th Cong. (2026), https://openamerica.io/bill/114-HR-6493/.
[H.R. 6493: Service Members Financial Planning Assistance Act of 2016](https://openamerica.io/bill/114-HR-6493/)