Smart Military Money
Personal finance tips andadvice for the military lifestyle.
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More than 123,000 Thrift Savings Plan accounts were hacked for personal information last summer, the Federal Retirement Thrift Investment Board announced last month. Although it seems like several companies have been experiencing security breaches recently, this one is unique in a few key ways. First, this is one of the first major breaches of a [...]
The Thrift Savings Plan (TSP) affords military members an investment package that is convenient and, under certain conditions, tax-exempt, too. But unfortunately, veterans and civil service employees are not allowed to contribute once their military employment ends; TSP eligibility is only available for active military members. And while veterans can leave their assets in a [...]
After years of proud service to our country, the last thing military retirees deserve is to spend their golden years living check to check. Even with a 401(k) plan, it can take years of planning and saving to maintain a comfortable lifestyle. While a career in the military does not grant a 401(k) retirement package, [...]
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