Category Archives: Military Transition

5 Life Insurance Considerations for Your Military Transition

As you transition from active service, life insurance is an important, yet overlooked aspect of your post-military financial planning.  In a previous article, I discussed five considerations about your military life insurance needs.  To build on those relevant points, this … Continue reading

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Transitional Compensation for Abused Dependents

I recently received a question regarding the taxation transitional compensation for abused dependents.  In researching my answer, I noticed that there is a lot of information on the subject.  However, most of this information seems to be in the form … Continue reading

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What’s Your Value Proposition?

As servicemembers exit the military, one of the biggest challenges we face is finding post-military employment that is commensurate with what we bring to the table.  Many times, I’ve heard the story of someone who works hard, networks well, and … Continue reading

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Why I Became a Financial Planner

As my financial planning practice grows, I’ve noticed that people are asking me how to become a financial planner.  The other day, I answered an email from someone asking how to become a financial planner.  It was at that point … Continue reading

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5 State Tax Considerations For Your Military Transition

Taxes can be a major consideration in your military transition planning.  As I outlined in a previous military pension article, your take-home pay can be up to 40% less than what you see on paper.  Federal taxes are obviously a … Continue reading

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Military Pension Tax Rates By State

There are several websites with plenty of information on which states tax military pensions, and which ones don’t.  However, when you’re making your post-military decision, taxes on military pensions are only one part of the tax equation.  It’s also important … Continue reading

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SGLI Conversion-Why VGLI Might Be Better Than Whole Life Insurance

According to the VA Department, SGLI ends when you leave the military, unless you qualify for a disability extension.  Although you’ll no longer have your SGLI, there are two ways to continue your $400,000 coverage.  If done within a certain … Continue reading

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State Government Veteran Benefit Website Links (Listed By State)

There are a lot of websites that list military benefits or programs by state.  However, I could not find a single webpage that included links to each state government’s military or veteran websites, so I decided this would be a … Continue reading

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30 Day Financial Transition Challenge Day 30: Transition GPS

Welcome to Day Thirty of the “30 Day Financial Transition Challenge.”  Today’s article focuses on Transition GPS (formerly known as TAP). Bottom Line Up Front (BLUF)  Transition GPS is a mandatory part of military out-processing.  If properly utilized, Transition GPS … Continue reading

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30 Day Financial Transition Challenge Day 29: Community Involvement

Welcome to Day Twenty-Nine of the “30 Day Financial Transition Challenge.”  The purpose of today’s article is to help you focus on your community relationships. Bottom Line Up Front (BLUF)  Earlier in this series, we discussed the benefits of networking.  … Continue reading

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