Veteran Benefits

Buying Back Military Time

5 Things You Need To Know About Buying Back Military Time (VIDEO)

In this video, I’ll cover the 5 things you need to know about buying back military time. Use the DFAS Military Buy Back Estimator to get your estimated buy back cost. And if you want to learn more about theContinue reading “5 Things You Need To Know About Buying Back Military Time (VIDEO)”

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The VA's Survivors' and Dependents' Educational Assistance Program at a Glance

Considering the rapidly increasing cost of college, it’s more important now than ever that veterans and their dependents understand and utilize the benefits that they have earned. The VA’s Survivors’ and Dependents’ Educational Assistance (DEA) program or Chapter 35 isContinue reading “The VA's Survivors' and Dependents' Educational Assistance Program at a Glance”

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The TSP vs. the IRA: What’s the Difference?

The Thrift Savings Plan (TSP) and the Individual Retirement Arrangement (IRA) share many similarities, such as the option to fund with pre-tax (traditional) or after-tax dollars (Roths); having penalties for early withdrawals and failing to take required minimum distributions beginningContinue reading “The TSP vs. the IRA: What’s the Difference?”

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College Tuition Waiver for Veteran Dependents at a Glance

The College Fee Waiver for Veteran Dependents waives the tuition and fees at any State of California Community College, California State University, or University of California campus. This program covers tuition and student service fees; it does not cover campus-basedContinue reading “College Tuition Waiver for Veteran Dependents at a Glance”

Which Thrift Savings Plan Is Right For You? Roth Vs. Traditional

Having the choice of contributing to a Traditional TSP or a Roth TSP provides you with a significant tax planning option—but it does force you to make another financial planning decision. Many people find making this decision a challenge becauseContinue reading “Which Thrift Savings Plan Is Right For You? Roth Vs. Traditional”

Three Advantages of the TSP

The Thrift Savings Plan (TSP) is designed to closely resemble the private sector’s 401(k). Although the TSP is similar to the 401(k), its additional features, including low fees, broad diversification, and a generous government match, make it superior to mostContinue reading “Three Advantages of the TSP”

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