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Savings Deposit Program The Savings Deposit Program (SDP) is allowed for Sailors during assignments and deployments to specified locations.
In addition, other savings programs are offered, such as the Thrift Savings Plan and the Savings Deposit Program.
However, such a perspective overlooks the role played by the Gold Savings Deposit Program that was introduced on May 20, 1949, just prior to the aforementioned measures.
The Savings Deposit Program is an excellent way for Sailors and other service members to set aside some money and earn a great guaranteed interest rate while serving in a combat zone," said David DuBois, deputy director, Fleet and Family Support Programs, Commander Navy Installations Command (CNIC), Washington.
Defense Finance and Accounting Service (DFAS), in accordance with the Department of Defense, implemented the Savings Deposit Program in August 1990 for members who were serving in the Persian Gulf Conflict.
Defense Finance and Accounting Service (DFAS), in accordance with DOD, began the Savings Deposit Program in August 1990 for members who were serving in the Persian Gulf Conflict.
Sailors who accept orders to Bahrain, receive a number of special incentives including: a cost of living allowance, imminent danger pay, combat zone tax relief and savings deposit program eligibility.