New bill would extend military survivor benefit decision deadline

Two Democrats and two Republicans have teamed up on a bill that would give military families more time to make important financial decisions after a service member dies. Endorsed by groups like Gold Star Spouses of America, Veterans of Foreign Wars and the American Legion, the bill would give families three years instead of one to roll over death gratuities and life insurance into tax-advantaged savings accounts. Supporters say the language would give families more flexibility as they work through difficult choices. The bill could be added into the annual defense policy bill now progressing through Congress. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.