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...]

Thinking Long Term About Retirement

August 15, 2013 | Kate Horrell

When thinking about retirement savings, two key words are early and enough.  Unfortunately, very few of us begin saving early, and very few of us save enough.  In a May USAA article , Scott … [Read more...]

Survivor Benefit Plan- Dependency and Indemnity Compensation Offset

July 15, 2013 | Kate Horrell

Each year, the Military Officers Association of America (MOAA) chooses the most important issues to military families, and brings these issues to the attention of our lawmakers.  For several years, … [Read more...]

C’mon Folks, Know Your Benefits

April 04, 2013 | Kate Horrell

If there is one thing that will make me crazy, it is someone who doesn't have any situational awareness.  It could be my child, who has zoned out and has no idea that we've just had an entire … [Read more...]

Don’t Go: TSP Apple App

March 13, 2013 | Kate Horrell

It seems that the Apple Store is offering an enticing app called TSP Funds, that is supposed to help you manage your Thrift Savings Plan (TSP) account.  Please be aware that this app is NOT designed … [Read more...]

Military Saves Week: Want To Stop Working Someday? Start Planning Now

February 28, 2013 | Kate Horrell

Thursday of Military Saves Week 2013 is Saving for Retirement day.  If you've spent any time around The Paycheck Chronicles, you'll know that I am a huge believer in planning for retirement.  I am … [Read more...]