Savings Deposit Program (SDP)

The DoD Savings Deposit Program (SDP) was established to provide members of the uniformed services serving in designated combat zones the opportunity to build their financial savings. Amounts up to $10,000.00 may be deposited, earning 10% interest per year.


Members of the armed forces serving in a combat zone or in support of a contingency operation are authorized to make deposits. Service Members must be receiving Hostile Fire Pay and be deployed for at least 30 consecutive days or at least 1 day in each of 3 consecutive months in order to participate in the program.


Deposits can be made by allotment, check, or cash to the finance office in the Service Member’s deployed location. Deposits may not be more than the un-allotted pay and allowances per month. If the Service Member makes deposits by allotment, the allotment should be stopped prior to closing the account or when the Service Member departs from the combat zone. Deposits may not be less than $5.00 and must be in multiples of $5.00. No interest is earned on amounts exceeding $10,000.


Deposits made on or before the 10th of the month accrue interest from the 1st of the month.

Deposits made after the 10th accrue interest from the first day of the following month. The effective date of the deposit is the date the deposit is made to the finance office. Interest is computed at the rate of 10% per annum and is compounded quarterly.

No interest is earned on amounts exceeding $10,000. If a Service Member deposits $15,000 in his/her SDP account, a maximum of $1,000 will be earned in interest per year. Interest earned on amounts deposited in the SDP is taxable.


Service Members may close their SDP accounts only after departing the combat zone. Interest will continue to accrue on the account up to 90 days after departure from the combat zone. Should the 90-day period end on any day other than the last day of a month, interest will accrue through the last day of the preceding month. If the 90-day period ends on the last day of a month, interest accrues for that month.

Members in a combat zone may withdraw amounts of interest over $10,000 on a quarterly basis.

Withdrawals may be made in an emergency only when the health or welfare of a Member of dependents would be jeopardized if the withdrawal were not granted. Emergency withdrawals must be authorized by the Member’s commanding officer.

Withdrawal Procedures

Withdrawal requests may be emailed to (the SDP mailbox), or faxed to (216) 522-5060 or DSN 580-5060. Requests can also be made through the myPay system. Additionally, requests can be mailed to the following address:

DFAS—Cleveland Center (DFAS-CL)


Special Claims

1240 E. 9th St.

Cleveland, OH 44199-2055

As a reminder, to prevent any additional delay in receiving SDP monies, your SDP allotment needs to be stopped prior to requesting a withdrawal. After receipt of withdrawal notice, SDP will typically be disbursed within 10-14 business days.

Service Members should include their name and SSN, along with date of departure from the combat zone. Electronic Funds Transfer (EFT) information must include bank name, the routing number, account number, and account type (savings or checking). If a hard copy is requested, the complete mailing address must also be provided.