At some point in our life most of us will need to help out our parents. It is likely to occur after you retire from the military. There are several benefits available to you in the form of tax benefits, VA Disability Compensation and maybe Tricare benefits.
When you become eligible for Medicare, things change with your Tricare. If you're still employed when that happens, you could be in for a shock. You could end up paying a lot for your Medicare coverage or risk losing Tricare.
TRICARE is pretty good health insurance and it is a benefit we would all like to keep. But...you could lose it if you don't pay attention. Right now, most of you are covered by Active Duty/Retiree TRICARE. But when you turn 65, you'll switch to TRICARE For Life(TFL) whether you want to or not.
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