Here’s the latest information and tools to make your military Blended Retirement System decision-- and a new way to think about your career and your choices. [Note: I'm participating in Kate Horrell’s #BRSBlitz initiative. I’m not compensated by USAA for this campaign and you won’t see any FTC disclosures like “#USAAPartner”, "#ad”, or … [Read more...] about USAA And The Final Month To Opt In To The Military Blended Retirement System
Archives for 2018
2020 VA Disability Compensation Rates – Updated Veterans Compensation Benefits Rate Tables
The 2020 VA Disability Compensation Rates are effective as of Dec. 1, 2019. If you receive VA disability pay, you will notice the increased amount in your first check, which you should receive in January 2020. There was a 1.6% increase from 2019, following a 2.8% increase from 2018. The government uses the same COLA rates for military retiree … [Read more...] about 2020 VA Disability Compensation Rates – Updated Veterans Compensation Benefits Rate Tables
Dept Of Defense Update On The Military Blended Retirement System
On Wednesday 28 November, the DoD BRS office held a teleconference. The numbers As of Monday 26 November, the unofficial opt-in numbers are: 307,213 307,207 active-duty total opted in [Updated Monday 3 December] 243,709 active duty 63,498 Reserve/Guard. This is out of roughly 1.6 million opt-in eligible … [Read more...] about Dept Of Defense Update On The Military Blended Retirement System
“11 Years Of Service: How I Chose Legacy High Three Over The Blended Retirement System”
[Nords note: You have five weeks to decide about opting in to the Blended Retirement System. Get it done before 31 December 2018. We've had some strong pushback on my last post, "Your BRS: It's Not About The Money", and I offered Warner25 the opportunity to explain his legacy High Three perspective. He's reminded me that we first met on an … [Read more...] about “11 Years Of Service: How I Chose Legacy High Three Over The Blended Retirement System”
Your Military Blended Retirement System: It’s Not About The Money.
[Full disclosure: On this post, I’m not about the money either. I’m not paid to write this, it's not sponsored by anyone, and I’m not earning revenue from the links.] Our group of military personal-finance bloggers is sending out a #BRSBlitz about the opt-in decision. You may have seen some of these links on my social media before, and … [Read more...] about Your Military Blended Retirement System: It’s Not About The Money.
Attack Pilot To College Sophomore To Fintech Entrepreneur
[Nords note: Tyson dropped by FinCon's "Military Meetup" table in the exhibit hall to chat. We had a great conversation about retirement calculators and financial independence. He's a vet, and he understands where military pay & benefits fit in a calculator. You can learn more from the video at the end of this post, which is definitely NOT … [Read more...] about Attack Pilot To College Sophomore To Fintech Entrepreneur
USAA’s Digital MilEx: Hurricane Readiness and Augmented Reality Vehicle Shopping
[We’re trying something new with this post. Please scroll down to the bottom for my short podcast interview with two USAA managers about these topics!] Oooh, I almost forgot my traditional FTC disclosure: The Federal Trade Commission fears that I've lost my objectivity and become a USAA fanboi. My family and I have been USAA … [Read more...] about USAA’s Digital MilEx: Hurricane Readiness and Augmented Reality Vehicle Shopping
Separating Or Retiring While Overseas (But Not With The Navy!)
A reader writes: I’ve been commissioned from the Navy’s enlisted ranks and have not yet reached eight years of commissioned service. I’m eligible for retirement and I’ve enjoyed active duty-- until now. I’d like to retire as an officer but I’m not sure if I’ll be able to get to 10 years. I’m considering retiring a few years ahead of my plans … [Read more...] about Separating Or Retiring While Overseas (But Not With The Navy!)
Maximizing Your Thrift Savings Plan Contributions In A Combat Zone
Quick review: the military’s Blended Retirement System offers matching contributions to your Thrift Savings Plan, and in 2018 you can contribute up to $18,500. In 2019 you can contribute up to $19,000. [12 November 2018 update: This post has a minor (but important) revision after further confirmation with the TSP staff. I've also added the 2019 … [Read more...] about Maximizing Your Thrift Savings Plan Contributions In A Combat Zone
CampFI And Camp Mustache Are Worth Your Time (And Money)
[UPDATE: Use the discount code “Military” for $75 off each adult ticket to CampFI South.] (This offer was in effect for the 2018 Camp FI South. Check the CampFI schedule for the current offers.) [Disclosure: I’m not paid to write this, and there are no affiliate links.] [If you’re looking for info about FinCon and the Military Influencer … [Read more...] about CampFI And Camp Mustache Are Worth Your Time (And Money)
