Know Your Benefits Before You Need Them

April 02, 2015 | Kate Horrell

In the last few weeks, I've had quite a few request to fund various charitable or crowdfunding campaigns for military or veteran families who are allegedly in a tight position.  One thing that jumps … [Read more...]

Big Change for Special Needs Families

March 13, 2015 | Kate Horrell

As recently reported at SpouseBUZZ, a recent law has huge implications for military service members with a child who may not become independent.  This modification to the Survivor Benefit Plan (SBP) … [Read more...]

Retired Military Change of Address

February 12, 2015 | Kate Horrell

I get a lot of questions about how to change the address that is on file with the Defense Finance and Accounting Service (DFAS).  It is important that you keep your address up-to-date.  It will make … [Read more...]

Last Active Duty Paycheck?

January 15, 2015 | Kate Horrell

I've written about this topic before, here and here, but they seem to be hard to find.  I think maybe it is because the titles don't really reflect the topic clearly.  I don't like the title of this … [Read more...]

How To Change Your Address With DFAS

January 13, 2015 | Kate Horrell

occasionally, a military retiree or Survivor Benefit Plan (SBP) annuitant will forget to change their physical mailing address with the Defense Finance and Accounting Service.  Then, when they don't … [Read more...]

How To Calculate Your Maximum TSP Contributions

January 05, 2015 | Kate Horrell

If you are trying to maximize your Thrift Savings Plan (TSP) contributions for the calendar year, you've got to do some math to ensure that your contributions are properly organized in MyPay.  In the … [Read more...]

Military Retirement Pay Chart

January 02, 2015 | Kate Horrell

I'm sorry that the title of this post is misleading - it is important that the search engines be able to find this article and that's the best way to make it happen.  This post is about why there is … [Read more...]

TSP and CZTE Rules Clarified

December 29, 2014 | Kate Horrell

Note:  I am not an IRS agent, a TSP representative, nor an accountant.  None of this should be considered professional advice.  Please learn about this if it applies to you! A few weeks ago, I … [Read more...]

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...]