How Does SDP Work?
To make a deposit into the SDP, contact the finance office at your deployment location. You’ll get help with the necessary paperwork and learn when you can begin making deposits. The last day to make a deposit into the account is the date of departure from the combat assignment; however, interest will accrue up to 90 days after your return from deployment. Once you make your initial deposit, interest accrues on the account at an annual rate of 10 percent while compounding quarterly. For example, interest earned on $6,000 deposited into the SDP for eight months would total $408.38. The last day to make a deposit into the fund is the date of departure from the assignment, and interest will accrue at the 10 percent rate up to 90 days after return from deployment. If you are on active duty, you may make deposits by cash, personal check, traveler’s check, money order or allotment. Reservists can make deposits by cash, personal check or money order. Deposits must be made in $5 increments (e.
