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Category Archives: Money Management & Personal Finance
Military Retirement and Divorce – How Does a Divorce Impact Military Retirement Pay?
A reader writes: “If my ex husband was active duty for 10 years and 20 years Reserve and he has 5300 retirement points at the rank of O-6, how much will he receive? I will receive 50%.” After exchanging more … Continue reading
When do you stop contributing to tax-deferred accounts?
A reader writes: How do you know when you have enough assets in retirement accounts so that you can stop contributing and put your money in taxable accounts? We could probably stop now but it’s a hard habit to break. … Continue reading
Posted in Investing & TSP
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Dealing With Credit Card Fraud — Any Suggestions?
My credit card data was stolen last month. I was lucky– the thief moved slowly and there were only two charges before the fraud computer kicked in. But it was still a hassle and an inconvenience, and at first, I … Continue reading
Frugality After Financial Independence – Saving Money on Shaving, and Other Thoughts
I’d like to credit Mike over at Live The New Economy with inspiring me to write today’s post. When you’re done here, go visit his site and check his progress on achieving his goals. I may be an older dog, … Continue reading
IRS Denies Military Retirement “Net Disability Exclusion”
One of the book’s contributors alerted me to this problem. Some military retirees (or their tax preparers) are incorrectly applying the net disability exclusion to their pensions. This error has floated around the Internet since at least 1999 and it’s … Continue reading
Military Financial Independence 