The Military Wallet: Helping the Military Community Manage Money
2023 Roth IRA Rules: Why You Need a Roth IRA
Roth IRAs are among the best retirement investment vehicles. They allow investments to grow tax-exempt until retirement age and offer tax-free withdrawals.
Use Your HSA as an Investment Vehicle: How to Maximize Your Health Savings Account Value
Did you know you can use your HSA as an investment vehicle? Your Health Savings Account has similar properties to an IRA. Tax-free contributions and tax-free growth. Learn how to invest in your HSA, including contribution …
Use Your HSA as an Investment Vehicle: How to Maximize Your Health Savings Account Value
Did you know you can use your HSA as an investment vehicle? Your Health Savings Account has similar properties to an IRA. Tax-free contributions and tax-free growth. Learn how to invest in your HSA, including contribution …
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Military TSP: How to Make the Most of Your TSP Plan
Congress created the Thrift Savings Plan as part of the Federal Employees’ Retirement System Act of 1986. The TSP offers the same tax and retirement savings benefits that individuals receive from their 401(k) plans through private …
TSP Automatic Enrollment Program: How It Works, Percentages and Updates
For those of us who have ever sifted through our daily emails and realized that we never subscribed to half of the messages in our inbox, the concept of automatic enrollment is quite familiar. In order …
Use Your HSA as an Investment Vehicle: How to Maximize Your Health Savings Account Value
Did you know you can use your HSA as an investment vehicle? Your Health Savings Account has similar properties to an IRA. Tax-free contributions and tax-free growth. Learn how to invest in your HSA, including contribution …
Five Reasons to Consider a Traditional IRA Over a Roth IRA
Tax-advantaged accounts can provide greater long-term benefits than taxable accounts. In the military, the Thrift Savings Plan is a great first step toward saving for retirement. However, as you depart the military, you should learn more …
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2022 VA Service-Connected Disability Compensation Rate Tables
VA service-connected disability compensation rates increased by 5.9% in 2022, effective Dec 1, 2021. Here are the current VA disability compensation rate tables.
Types of Military Discharges – Understanding Discharge Ratings
There are many types of military discharges, including an honorable military discharge, general discharge, under other than honorable conditions, bad conduct discharge, dishonorable discharge, and entry-level separation. This guide explains the difference among these types of …
Home Depot Military Discount – How to Save 10% on Purchases at Home Depot
Home Depot offers a 10% military discount year round to military members, veterans and military spouses. The policy changed a bit in 2022. Here’s what you need to know about enrolling in the program, your virtual …
2022 IRS Tax Refund Schedule (2021 Tax Year): When Will I Receive My Tax Refund?
The IRS processes tax returns as it receives them. If you file your tax return electronically, the IRS will generaly process direct deposit refunds within 7-10 days of receiving your tax return, and process paper checks …
