Mutually Speaking


The Survivor Benefit Plan and a Disabled Child Beneficiary

March 15, 2023

The Survivor Benefit Plan (SBP) provides a monthly income annuity to named beneficiaries after a servicemember or retiree passes away. It is offered to all active duty servicemembers free of charge, but retirees must opt in to SBP before they leave active duty for coverage to continue into retirement. Retirees must pay a monthly premium…


Annuities: Fact vs. Fiction

June 3, 2022

Annuities have long been used as a strategy to round out an individual’s retirement...

A Memorial Day Message

May 30, 2022

Dear Navy Mutual Members, While Memorial Day originated as “Decoration Day,” for most of...

Understanding Your Life Insurance Policy

May 26, 2022

Servicemembers and veterans who buy life insurance outside of what is offered by...

What Is the Veterans Pension Program?

May 20, 2022

The Veterans Pension program is a benefit offered by the Department of Veterans Affairs...

How Does Military Life Insurance Work?

May 17, 2022

One of the key benefits provided to active duty servicemembers upon joining the military...

Understanding Noncompetitive Hiring Authority for Military Spouses

May 6, 2022

Military spouses face many challenges, from having to manage family finances and...