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Our authority to collect this information is 10 U.S.C. I understand that my spouse s decision is to Elect less than the maximum survivor annuity benefit Elect maximum coverage spouse and children Elect coverage for a former spouse Not participate in the plan I hereby certify that I with my spouse s SBP election as shown on this form. fill in either agree or disagree Spouse s Name Created by PSC Graphics 301 443-2454 EF DEPARTMENT OF HEALTH AND HUMAN SERVICES INFORMATION AND INSTRUCTIONS FOR FOR ...

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What is a SBP?

The Survivor Benefit Plan (SBP) provides financial support to military spouses and/or children when a military member dies while on duty or after retirement. SBP provides eligible beneficiaries with a monthly payment known as an annuity. The recipient of an SBP annuity is referred to as the annuitant.

How much will SBP cost me?

SBP Costs (Premiums) 6.5% of your chosen base amount, or if less, 2.5% of the first $725.00 of the elected base amount (referred to hereafter as the "threshold amount"), plus 10% of the remaining base amount.

How do I submit SBP to DFAS?

Instead of mailing or faxing your completed form, you can now upload it directly in a PDF through AskDFAS on the DFAS.mil website. You'll also receive an email notification that your information was received.

How do I fill out an SBP form?

0:32 5:37 DFAS: How to Start an SBP Annuity \u2013 DD Form 2656-7 - YouTube YouTube Start of suggested clip End of suggested clip The members name. Social security number date of birth and date of death enter. The name of theMoreThe members name. Social security number date of birth and date of death enter. The name of the branch of service of the deceased member Army Marine Corps Navy or Air Force enter.

What is a DD form 2656?

DD 2656. Retirement Application - Data for Payment of Retired Personnel.

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How is SBP calculated?

The SBP premiums for spouse coverage are: 6.5% of your chosen base amount, or if less, 2.5% of the first $725.00 of the elected base amount (referred to hereafter as the "threshold amount"), plus 10% of the remaining base amount.

How do I set up SBP?

Complete a DD Form 2656-6 requesting SBP coverage for your spouse, and provide your spouse's name, Social Security number, date of birth and a copy of the marriage certificate. You should also certify that you have not been married from the date that you retired through the day before marriage to your current spouse.

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