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How Much Will I Receive When I Retire From the Military? wtop.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wtop.com Daily Mail and Mail on Sunday newspapers.
26 May 2020 Financial fitness hinges in part on taking advantage of the right equipment. I ve always been a huge fan of the Thrift Savings Plan, the military s version of a 401(k). As a Reservist and civilian financial planner, I signed up when it first became available to the military back in 2001. It wasn t nearly as user-friendly back in those days. There were only a couple of times a year when you could sign up or change what you were contributing. But as a financial planner, I knew it was a great way to save for retirement. Fast-forward nearly 20 years, and I find myself encouraging those in uniform to take advantage of the TSP. It can make a huge difference. Over the last couple of decades, I ve seen service members accumulate hundreds of thousands in this valuable retirement plan. It s an easy, inexpensive and tax-advantaged tool to save for retirement. ....
How Military Families Can Make the Most of Their Financial Benefits gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.
04/29/2021 Harrisburg, PA - Throughout the month of May, member organizations of the PA Military Finance Alliance will be offering free, noncommercial financial capability webinars focusing on the unique financial challenges facing members of the military, veterans, and their families in recognition of Military Appreciation Month. “The Making $ense of Finance seminars are an invaluable service to our military members, families and veterans as they conduct their financial planning,” said Maj. Gen. Mark Schindler, Pennsylvania’s acting adjutant general and acting head of the Department of Military and Veterans Affairs. “May is Military Appreciation Month and we are grateful for the opportunity to partner with members of the Pennsylvania Military Finance Alliance to provide these free and informative seminars.” ....
28 Apr 2021 April is Military Saves Month. Make It Automatic has long been a theme of the organization that encourages us all to take the pledge to save money, reduce debt and build wealth over time. Automatic is an approach to saving that makes sense in theory and practice. It brings to life the concept of paying yourself first. Think about it: If you wait until the end of the month using your leftovers or the pay period to save, invest or put some extra money toward your debts, there s a good chance there won t be anything remaining to do that good work. That last dollar standing strategy is doomed to fail. On the other hand, by using the first dollars you receive, instead of the last, paying down debt, saving and investing become priorities. ....