Browsing Archive April, 2011
TSP annuity options
SaveSavedRemoved 0

TSP annuity options

The last post talked about the TSP's withdrawal options, including penalty-free ways to tap into your account before age 59.5. It also includes the TSP's draft of their rules for the 2012 Roth TSP. Before we get into the "how" of a TSP annuity, let's ask "Why?" If you're retired from the military then you ...

READ MORE +
TSP withdrawal options
SaveSavedRemoved 0

TSP withdrawal options

So you've been in the military for a few years and you've been dutifully putting part of your paycheck into the Thrift Savings Plan. (If you haven't been contributing to the TSP then go read this post and get hot.) Maybe you're even maxing out your contributions.  But if you're like me, you've been so focused on the ...

READ MORE +
Military long term care insurance (part 2 of 2)
SaveSavedRemoved 0

Military long term care insurance (part 2 of 2)

The last post discussed the different forces that cause people to pay ever-higher prices for long-term care insurance-- at the same time when the industry may be less likely to be able to actually pay their claims. Those problems haven't been solved yet, and it may be another 25 years before they're properly ...

READ MORE +
Military long term care insurance
SaveSavedRemoved 0

Military long term care insurance

Did you know that active-duty and retired military are eligible to buy a policy from the Federal Long Term Care Insurance Program? I never used to care about long-term care insurance. That was for "old people" (hey, I'm not old!!), and I'd have plenty of years for the industry to come up with a great product before ...

READ MORE +
Back to the Trinity Study
SaveSavedRemoved 0

Back to the Trinity Study

Today's post will be a sensuous reading experience that only a financial planner or an economist could love. If you're just getting started on your own finances then you probably want to skip this post (!) in favor of reading the “Armed Forces Guide to Personal Financial Planning”, or "The Military Advantage", or ...

READ MORE +
The Reserve Component Survivor Benefit Plan
SaveSavedRemoved 0

The Reserve Component Survivor Benefit Plan

This earlier post describes the SBP and its options, as well as the pros and cons of buying it for your survivors. If you landed here from a search engine or some other link then I'd recommend reading the previous two posts before proceeding with this one. Some of the references and links in this post include ...

READ MORE +