Have you decided to make the military a career? Great! Now is a great time to start planning around what your pension will be when you retire from the military. Are you undecided or on the fence about a career […]
How Much Will Your Military Pension Be? – 2022 Update
Have you decided to make the military a career? Great! Now is a great time to start planning around what your pension will be when you retire from the military. If you aren’t sure if a career in the military […]
What If… You Become a Centenarian?
For the third post in the “What If” series (here are the first and second posts), I’m asking about becoming a centenarian. Do you know what a centenarian is? Don’t worry. I didn’t know exactly what the word meant until […]
How Much Will Your Military Pension Be? 2021 Update
Have you decided to make the military a career? Great! Now is a great time to start planning around what your pension will be when you retire from the military. If you aren’t sure if a career in the military […]
The Payroll Tax Deferral is Ending – Are You Ready?
Millions of working Americans have had their payroll taxes deferred starting in September. This is going to end at the end of December (this month). The important thing for everyone is to recognize that this is a deferral, meaning you […]
What’s going on with the Social Security tax deferral?
On August 8, 2020, President Donald Trump issued a Memorandum to the Secretary of the Treasury with the subject of: Deferring Payroll Tax Obligations. This memorandum directed the Secretary of the Treasury to defer withholding Social Security payroll taxes from […]
How are you planning around a military retirement, pension, or social security?
Last week, I wrote about how Roth IRAs are the most powerful retirement accounts. If you’re in the military and saving in an IRA or TSP, or if you will get any pension during retirement (including social security), read this […]
Should Centenarians Influence Your Retirement Planning?
Even though life expectancy in the United States has been pretty consistent over the last few years, centenarians are the fastest growing age group in the United States. What’s a centenarian? A centenarian is a person who is over 100 […]
Planning: The Key to a Successful Military (or Any) Move
In my last post, I covered the allowances and reimbursements you are eligible for with a Permanent Change of Station (PCS) move in the military. Today, I’m going to cover some ways to not spend an extra $5,000 out of […]
Military PCS – Reimbursement & Allowances
As the restrictions for personnel transfers ease across the military, I wanted to write about Permanent Change of Station (PCS) moves for service members and their families. Recently, I read an article about excessive out-of-pocket expenses that service members and […]