WASHINGTON –
Retirees must keep the Defense Finance and Accounting Service informed whenever changes happen that could affect retired pay.
Life-changing events such as marriages, divorces, births, etc., must be reported directly to Retired and Annuitant Pay as soon as possible.
The following are examples of life -changing events and how these events could impact your account:
- Marriage: Survivor Benefit Plan, arrears of pay beneficiary, federal income tax
- Divorce: SBP, arrears of pay beneficiary, federal income tax
- Death of a spouse: SBP, arrears of pay beneficiary, federal income tax
- Birth of a child: SBP, arrears of pay beneficiary, federal income tax
- Moving to a new residence (even if just for the winter months): General correspondence delivery, 1099-R and retiree account statement mailing, state income tax withholding
- Opening, changing or closing a bank account: Net pay and allotment direct deposit
- Changing the email address stored in myPay: MyPay account change notifications, receipt of Afterburner, myPay notifications for 1099-R and retiree account statement availability
- Paying off and/or closing an insurance policy: Net pay and allotment direct deposit
By keeping information current in myPay and submitting the appropriate paperwork when a life-changing event occurs, retirees will help DFAS improve the service it provides.
By reporting these events when they happen, beneficiaries will have fewer issues and concerns to resolve later.
Life-changing events can be reported by mail at: Defense Finance and Accounting Service U.S. Military Retired Pay 8899 E 56th Street Indianapolis, IN 46249-1200
Events can also be reported by fax number at 800-469-6559, or by calling 800-321-1080.