Tag: TSP
How to Maximize the BRS If You Decide to Opt-In
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How to Maximize the BRS If You Decide to Opt-In

[This post is brought to you by Dan, who’s done a lot of data runs with the BRS calculator.  His new website KeepInvestingSimpleStupid.com is freshly launched, so please check on its progress! If you’re interested in contributing at The-Military-Guide.com, then see our posting guidelines.] Welcome to January 2018! ...

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Tricky Details Of The Military Blended Retirement System
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Tricky Details Of The Military Blended Retirement System

I really wanted to use the titles "Hidden Secrets Of The BRS!!" or "Shocking Urban Legends Of The BRS Revealed-- #4 Is Jaw-dropping!!" But this is a serious life-changing decision. I've had a ton of reader BRS questions and feedback. The good news is that a group of us military personal-finance bloggers have ...

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Military Blended Retirement System Spreadsheet
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Military Blended Retirement System Spreadsheet

This post is brought to you by MilitaryFIRE.com. If you're interested in contributing at The-Military-Guide.com, please see our posting guidelines.   A lot has been written about how to decide if the new Blended Retirement System (BRS) is better than the US military’s old retirement system. Most ...

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How Do I Plan Our Finances For The Rest Of Our Lives?
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How Do I Plan Our Finances For The Rest Of Our Lives?

I've heard from a reader a couple of times over the last few years. Here's their latest question: Hi Doug, I'd like to find a financial planner and see what course correction(s) we have to make based on our current finances. I will be officially retiring in five years but will supplement my military pension by ...

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What’s The Next Step To Financial Independence?
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What’s The Next Step To Financial Independence?

A reader writes: Hi Nords, I have a few questions I'm hoping you can help me with. I trust your expertise in these matters. I am currently an E-8 with seven years to go until retirement. I am hoping I make it to 20 years active and can retire an E-9. I'll be 48 years old at that point and don't really want to ...

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“Can I Transfer My Roth IRA To My Roth TSP?”
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“Can I Transfer My Roth IRA To My Roth TSP?”

Here's a great reader question on getting the most out of your Thrift Savings Plan: I frequently read your website and find your advice very helpful, and I am looking to make some money moves that I'm not sure are possible. I have a Roth IRA with a lot of money in it, and a Roth TSP with a lot less money in it. I ...

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Financial Advice To Start Your Military Career
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Financial Advice To Start Your Military Career

Last summer there were many graduation ceremonies, and millions of new employees joined the workforce. In the military version of this milestone, thousands of new O-1s received their commissions and tens of thousands of other new recruits started their basic training. It's a very busy time. These new servicemembers ...

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How (And Why) To Transfer Your TSP To An IRA
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How (And Why) To Transfer Your TSP To An IRA

After years of military retirement, my spouse just transferred her Thrift Savings Plan to a traditional IRA. That's the first step in converting the TSP funds into a Roth IRA. ... instead of the TSP It's taken us nearly three decades to get to this point. We started contributing to our traditional IRAs in 1986. ...

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