All data available as images (below), PDF, or Excel document. The Blended Retirement System (BRS) is an excellent way for military servicemembers to build their retirement savings. The BRS allows you to earn government matching up to 5% of your
This was originally a guest post that I posted over at Kate Horrell‘s Military.com Paycheck Chronicles site. I’m re-posting it here to get maximum exposure on why I am signing up for the new military Blended Retirement System (BRS). Run the numbers
What a roller coaster of a year! Between a rough start in January when the S&P 500 was down 5% (the worst month since 2009), Brexit, the Trump election night crash and then end of year “Trump bump,” I don’t think
If you have a Thrift Savings Plan (TSP) account and separated or retired from the military or government employment, watch out: the “gold IRA” marketers are coming for you! A poorly written, researched, and presented document called “How Your Thrift
I’m collecting a list of resources, articles, and calculators related to the Blended Retirement System (BRS). Check it out for the most up to date information. Executive summary: Up to 5% base pay match for TSP contributions. 1% automatic DoD
The following is a recent email I received from a fellow Air Force captain. If you have a military related personal finance, investing, or other financial question, shoot me an email on the contact page or check out my Facebook
Update 8 Oct 2014: Another email received from DFAS. See below for email #2. It appears this only applies to Active Duty Air Force personnel. You will need to redo your Roth TSP allocations in myPay in January to keep them
2014 marks the first year I’m on pace to max out my Roth TSP and Roth IRAs. For the Thrift Savings Plan, I setup automatic deposits on myPay at $1458 per month, which will result in $17,496 invested over the course of 12
The Thrift Savings Plan (TSP) offers a unique, low cost, tax advantaged, diversified, and automatic investment opportunity to US government employees and military personnel. Since I’m active duty Air Force, I’ll focus on the military side of the TSP. TSP
I’m a big fan of responsible credit card use. (Unlike some financial “gurus.”) With a few cards offering 5% cash back and most good credit cards offering 1-2% back on purchases, those reward points can add up quickly for spending