The IRS has announced the 2023 contribution limits for tax-advantaged retirement plans. Take advantage of your increased military pay for 2023 to beef up your contributions and save more for retirement. Don’t forget that you can contribute to both a 401(k)/TSP type employer-sponsored plan and an Individual Retirement Arrangement (IRA), and that non-working spouses can… | Read More…
10 Things To Know About Money and Deployment
When people talk about deployment, one thing that often comes up is money. How do taxes work? How much do people spend on deployment? What do you do about the bills? What’s the best way to save? The answers to these questions are different for everyone. They will depend on the specifics of the individual… | Read More…
Great Gifts For Military Service Members
Military life isn’t exactly known for being comfortable and fun. However, you can make it a little less painful by preparing your loved ones with some of these creature comforts. These items make great gifts, whether it’s the December holidays, a birthday, or pre-deployment. Note: As much as I love a good surprise, I strongly… | Read More…
Do I Need A General or Specific Power of Attorney?
If you ask around about powers of attorney, you will hear all sorts of information, and lots of it contradicts itself. So, what is the real deal? When do you need a power of attorney, what kind do you need, etc? Every person has a different situation, so every person has a different answer. The… | Read More…