Welcome back to Military Monday and everybody’s favorite topic, the Blended Retirement System. Today I’m bringing you some information straight from the Office of the Secretary of Defense. A few weeks ago, I asked a forum whether they had any unanswered questions about the … [Read more...] about Q&A With A Blended Retirement System Expert
Thrift Savings Plan
Thrift Savings Plan Lifecycle Funds
Today we’re going to be talking about the Thrift Savings Plan Lifecycle Funds. Last Friday I wrote about target date funds. If you haven’t read that yet, make sure you do because it leads into this post. My military readers may have wondered whether we have any target date funds … [Read more...] about Thrift Savings Plan Lifecycle Funds
The Thrift Savings Plan
Thrift Savings Plan Basics The Thrift Savings Plan, or TSP, is a retirement savings plan for current and retired employees of the federal government. It is the federal government equivalent of a 401(k) plan, and follows basically all of the same rules. Like a 401(k), the TSP … [Read more...] about The Thrift Savings Plan
The Blended Retirement System – Part 4: FAQs, Myths, and My Opinions
We’ve reached Part 4 in my series on the new Blended Retirement System (BRS). Part 1 covered the basics of the BRS – what it is, the implementation timeline, and where to go for more information. Part 2 covered who is eligible for the BRS and the details for the Active and … [Read more...] about The Blended Retirement System – Part 4: FAQs, Myths, and My Opinions
The Blended Retirement System – Part 3: Comparing Systems
ON MONDAYS, I DISCUSS FINANCIAL CONSIDERATIONS THAT SPECIFICALLY RELATE TO US SERVICE MEMBERS. IF YOU HAVE ANY QUESTIONS OR TOPICS YOU’D LIKE TO SEE DISCUSSED, PLEASE LEAVE A NOTE IN THE COMMENTS OR EMAIL ME AT MILITARYDOLLAR@MILITARYDOLLAR.COM. Welcome to part 3 in my series on … [Read more...] about The Blended Retirement System – Part 3: Comparing Systems