http://traffic.libsyn.com/militarywallet/TMW_022_Keep_Military_Records_Forever.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Google Podcasts | RSSYour military records are the most important thing you have when it comes to receiving your military and veterans benefits. I’d love to tell you that your records are secure. But they aren’t. At least, not always. It’s up to […]
Archives for April 2016
Here’s the understatement of the day: the US Tax Code is complicated. I don’t have any problem paying my share of taxes. But I do have a problem with the complexity of our tax system. Estimates of federal data put the collective time spent on complying with tax laws at 8.1 billion hours in 2016 […]
Divorce is an emotionally and financially trying time for anyone, civilians and military members alike. However, if you are a military couple going through a divorce, there are laws and factors unique to a military divorce that can affect how you split your assets, including your pay and eventually, your retirement pay. If you are […]
You most likely have insurance policies on your home, vehicles, personal property, and even your cell phone to protect yourself financially if damages or an accident were to occur. Do you have life insurance to protect your family? If you don’t yet have a life insurance policy, now is the time to consider your options […]
http://traffic.libsyn.com/militarywallet/TMW_021_Civil_Service_Buy_Back_Military_Time.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Google Podcasts | RSSAccording to federal data, over 30% of federal and civil service employees are military veterans. Continuing one’s career as a civilian government employee is a great way to continue serving our country. There are also some excellent benefits for veterans who […]
You might wonder why I wrote an article that seemed to advocate SBP, then followed it up with an article that seemed like SBP-bashing. I did so for two reasons. First, both articles seek to provoke critical thinking…I think I soundly met that objective. Second, putting those two articles side by side shows my true focus…when you’re looking at your decision to retire from the military, you need to make sure you address SBP properly. After all, if you make the wrong decision, you’re stuck with it. With that said, I got hit up on both sides of the debate.