Fact or Fiction: Division of Retirement Pay

November 12, 2014 | Kate Horrell

I feel like I have written about this subject way too much already, but I have received a sudden surge in email and comments about the division of military retirement as a marital asset.  So, let's … [Read more...]

Retirees, Make Sure Your Family Knows This

November 06, 2014 | Kate Horrell

I received a sad note today, from a friend of a widow of a military retiree.  The widow was not prepared for the process by which final military benefits are paid out, and she's having some stress … [Read more...]

2015 IRA Contribution Limits

October 23, 2014 | Kate Horrell

In conjunction with the annual Cost of Living Adjustment calculations, the Internal Revenue Service (IRS) has announced that there will be no changes to the annual contribution limits and additional … [Read more...]

2015 TSP Contribution Limits

October 23, 2014 | Kate Horrell

Quick on the heels of the official Cost of Living Adjustment announcement has come the new contribution limits for tax-advantaged retirement accounts.  These rules apply to both military and civilian … [Read more...]

2015 COLA For Government Payments.

October 22, 2014 | Kate Horrell

Every year, most federal payments are adjusted  by an increase called a Cost of Living Adjustment (COLA).  This amount is calculated based upon statistics called the Consumer Price Index (CPI). … [Read more...]

Thrift Savings Plan: The Basic Facts

October 17, 2014 | Kate Horrell

One of the many benefits of serving in the military is the ability to contribute to the Thrift Savings Plan (TSP). TSP is a employer-sponsored retirement program similar to 401(k)s offered by private … [Read more...]

Encouragement To Save Strong

September 09, 2014 | Kate Horrell

I was just cleaning out some files, and I came across my husband's 2013 Thrift Savings Plan (TSP) statement.  This year's statement has a box that I'd never noticed before:  an estimate of your … [Read more...]

Where To Retire? How To Decide?

June 02, 2014 | Kate Horrell

As we get older, I hear the question more and more frequently:  "Where will you live when you retire?"  I'm pretty sure the answer is fairly easy for us, because we have a high concentration of … [Read more...]

Annuities 101 from USAA

February 04, 2014 | Kate Horrell

As you probably know, I'm a big USAA fan.  I'm also a big fan of annuities, which is why this article provided by USAA jumped right out at me.  Used properly, an annuity can provide lifetime income. … [Read more...]

Retirement Pay At Risk – Must Read!

December 14, 2013 | Kate Horrell

Hi folks!  I apologize for the radio silence - I have the worst cold ever!  And there has been so much to report in the last few days. The biggest thing is that Congress has hammered out an … [Read more...]

2014 Retirement Contribution Limits

December 04, 2013 | Kate Horrell

Planning for 2014?  Then you will want to know that the contribution limits for Thrift Savings Plan (TSP) and Individual Retirement Arrangement (IRA) account has not changed from the 2013 … [Read more...]

2014 COLA Announced: 1.5%

November 07, 2013 | Kate Horrell

Every year, most people receiving federal payments receive an increase called a Cost of Living Adjustment (COLA).  This amount is calculated based upon statistics called the Consumer Price Index … [Read more...]

2014 Retired Military Paydays

November 06, 2013 | Kate Horrell

Looking for the 2014 active duty military paydays? For my retired readers, here's a comprehensive (and hopefully accurate) list of the paydays for military retired pay.  Military retired pay is … [Read more...]

Retirement and Disability Pay In A Government Shutdown

September 26, 2013 | Kate Horrell

Updated 4 October 2013:  Please see additional information at Military Pay Not Safe Forever (Nor Retired, nor Disability, nor...) Updated 1 October 2013:  Please see additional information below … [Read more...]