I spend quite a lot of time on this blog talking about saving for retirement. However, until today, I haven't spent any time clarifying WHERE to put that savings. What exactly is a retirement account? Where does one find these accounts to use for that retirement savings? How do I choose if I have more … Continue reading Retirement Savings Accounts
Every military family should consider the Post-9/11 GI Bill benefit as part of their family's financial plan. The benefit began as a recruiting and retention tool for use only by the service member. Since 2009 when the educational benefit became transferrable to the service member's spouse and children, it has further eased the financial burden … Continue reading Review your Post-9/11 GI Bill benefits
As the government shutdown continues, the financial drain on the many furloughed federal employees will also continue. I wish I had a magic wand to wave for those in the most dire straits at this point in time. My one sage piece of advice is this: Your creditors need to know. Call them. Call all … Continue reading Down but not out
I'm procrastinating. I need to polish off the financial aid applications to all the schools where our daughter applied. Instead, I'm writing this blog about it. I figured some of you may be in my boat. The essays are written. The admissions applications were wrapped up two weeks ago. But the sticker shock is still … Continue reading Deadlines are approaching
TSP has evolved over the last several years to become something very different than the original program that received its first contributions back in 1987 and has now become the largest defined contribution plan in the world. So, what's the word about TSP?