Tax-advantaged accounts for retirement and healthcare savings let you delay paying income taxes on contributions and any earnings until it's time to make withdrawals. Such accounts could save you.
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The military’s health care and retirement systems have serious structural problems. Simply tinkering around the edges will leave military personnel and taxpayers paying more for less service. Instead, as The Heritage Foundation proposes, Congress should transform the military health care and retirement systems into defined-contribution plans that maximize individual choice. This would enable military personnel to tailor their benefits to match their individual circumstances while saving the Department of Defense at least $ZZZZ in five years.