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- Military Pension Tax Rates By State
- Terminal Leave: Take it or Sell it Back?
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- SGLI Conversion-Why VGLI Might Be Better Than Whole Life Insurance
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- FAQ: What Happens to My Life Insurance When I Leave the Military?
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Category Archives: College Planning
For many families, college planning consists of: Saving as much for college as we can Hoping it’s enough money to meet our children’s college goals Waiting until high school to learn that it probably isn’t enough While this might be … Continue reading
Welcome to Day Fifteen of the 30 Day Financial Transition Challenge. Today’s article focuses on college planning. Bottom Line Up Front (BLUF) For most people, college planning will be for their children. However, this could also include your own college … Continue reading
When my oldest son turned 9 a few years ago, I said to him: “Congratulations! It’s your half-way birthday!” “What’s my half-way birthday?” “It means you’re half-way to becoming an adult and getting kicked out of this house!” Just kidding! … Continue reading
Along with my mother and my wife, my grandmother was one of the most inspirational people I’ve ever met. Since I didn’t have a father growing up, she and my mother raised me…and I was hard work. Into her seventies, … Continue reading
When the Post 9/11 GI Bill was signed into law in 2008, one of the first things that I did was review the Navy’s instructions for transferring benefits to my children. At the time, one of the stipulations was that I had to agree to an additional 4 years & sign a Page 13 (Administrative Remarks) that started the clock. I knew that I was planning to retire, but I wanted to start the clock as soon as possible so I did not have that hanging over my head. In my opinion, this turned out to be a stroke of fortune, as I’ve talked with several of my colleagues at other commands who were burned because the paperwork wasn’t routed properly (probably a shock, since the military is known for making sure the paperwork doesn’t get lost, right?). In one case, a shipmate had to postpone his retirement because he reached the 20-year mark before he realized that his paperwork got lost, and the time he was tracking did not count. Continue reading