What condition applies to members who joined after January 1, 2006 but before January 1, 2018 regarding retirement system choice?

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Members who joined the military between January 1, 2006, and January 1, 2018, are afforded the opportunity to choose between two retirement systems. This flexibility allows them to assess which system aligns best with their individual financial goals and career plans. The primary systems available for selection are the legacy retirement system, which is based on a defined benefit model, and the Blended Retirement System that combines elements of both a defined benefit and a defined contribution plan, including the option for Thrift Savings Plan contributions.

This allows members who are within that timeline to enhance their financial planning based on their tenure expectations and personal circumstances. The other conditions related to automatic enrollment into a legacy system or being tied solely to the Thrift Savings Plan do not apply to this specific group, as their choice empowers them to determine the most advantageous retirement strategy. Thus, having the option to choose between retirement systems is particularly significant for their long-term financial outcomes.

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