From the monthly archives:

June 2009

Roth TSP May Be Further Off Than Anticipated

Military and government officials have been discussing adding a Roth Option for the TSP to try and bring the Thrift Savings Plan more in line with its civilian counterpart – the 401(k) plan. The benefit of offering a Roth TSP option is that Roth contributions are made with post tax salary, and withdrawals are tax [...]

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Disabled Veterans to Receive $250 Stimulus Checks

UPDATE: The first stimulus payments were sent Monday, June 22. All payments will be distributed by June 30. Disabled military veterans currently receiving VA Disability Benefits are eligible to receive a one-time $250 Economic-Recovery Check from the US government. This is part of the American Recovery and Reinvestment Act that President Obama signed into law [...]

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Tax Advantages of 529 Plans

Saving money for your child’s education is an important thing to do, especially with tuition costs rising each year. Two of the most popular educational savings plans are the 529 College Savings Plan and the Coverdell Educational Savings Accounts (ESAs). Both college savings plans offer tax advantages and may be good options depending on your [...]

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