PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Armed Services.
Congressional Research Service
Version 00 · Introduced in House · Dec 8, 2016
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.
People & committees
Rep. Veasey, Marc A. [D-TX-33] · D–TX
Legislative record
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Referred to the House Committee on Armed Services.
Introduced in House
Introduced in House
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Source last updated: Aug 12, 2025. Consult Congress.gov for the current record.
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