Where should you invest your money if you don't want to take a lot of risk and you may need access to it in the near future? If you need the money within the next few years, you probably don't want to take much risk with it. You should probably go for a guaranteed return. Here is a recent reader question about where to invest money: Hi, I am 68 yrs. ...
Lowe’s and Home Depot Memorial Day Discounts
Update: Home Depot and Lowes 10% Military Discount Available Everyday. Home Depot and Lowe's are offering a 10-percent military discount for Memorial Day. The discounts at both stores start Thursday and run through Memorial Day. Home Depot and Lowe's Military Discount Eligibility The 10% military discount is available to: Active-duty military members, National Guard and Reserve members, retirees, honorably discharged veterans and immediate family members of all those groups are eligible. Customers requesting ...
Roth Option for TSP Close to Reality
The House recently approved a measure that will add a Roth option to the Thrift Savings Plan. This feature will be similar to Roth 401k plans and Roth IRAs - contributions are made after taxes are withheld from your paycheck, and withdrawals are made tax free in retirement. The benefits of a Roth option for the TSP Many military members start off their career in lower tax brackets because they often receive ...
GI Bill Transfer Rules
There is good news for those of you out there who bought into the GI Bill when you signed up for the military - you may be eligible to transfer your GI Bill to a spouse or child. Who can transfer GI Bill benefits You can only transfer GI Bill benefits if you are eligible for the Post 9-11 GI Bill and you meet one of the following criteria: At least 6 years ...
$100 Bonus for New USAA Checking Accounts
This is a great offer for military members and others looking to make a few extra bucks. USAA Federal Savings Bank is offering a $100 sign up bonus for customers who open a new Four Star Checking account. I have been a big fan of USAA since I became a member there about 9 years ago. Membership is usually limited to military members and adult children of current USAA members, but ...
JetBlue Offers $1 Flights for Active Duty Military Members
A friend just e-mailed to tell me about a deal JetBlue Airlines is offering for Active Duty military member - $1 domestic nonstop flights from Washington DC area airports. $1 JetBlue Flights for Active Duty Military Members According to the press release from American Forces Press Service: In honor of National Military Appreciation Month, JetBlue is offering active duty military personnel $1 fares for domestic, nonstop flights, for a limited time, departing from ...
Watch Out For Stimulus Check and Government Grant Fraud!
By now, most people are aware that Congress did not include a second economic stimulus check for everyone when passed the second economic stimulus program, called the American Recovery & Reinvestment Plan. Instead of a second stimulus check, the government included the Making Work Pay tax credit, which reduces the amount of taxes withheld from each paycheck. While it's not the same thing as giving everyone a check, it does ...