military

I have done 20 plus years and I am wondering where I should retire. I expect to get at least 10% VA disability but probably not 100%. I do not have any jobs or school plans lined up, and due to health concerns, I would like to be near a major US hospital and a military base that has a pharmacy...

Throwaway account for obvious reason. Excited seeing 7 digits in my NW & figure I shared it here. This is not to brag since I can't share it with people at work. Checking: $2k Wealthfront (5.5% APY): $40k emergency TSP (Roth & Traditional): $25k (started late but stopped) Roth IRA: $27k Rental...

Questions: Should I receive Time in Service (TIS) credit (different from constructive credit) for longevity purposes on my LES from my time in IRR after accepting an Educational Delay? I've heard mixed answers from leadership. Does this depend on if I was an SMP during ROTC? (See clarification...

Currently an E4 in the BRS system with 3.5 years in active duty & will be active until at least 2029. 10% Roth TSP contribution since I joined & I’m wondering what everyone’s favorite TSP allocation is. I’ll be 25 this year and have almost 9K in my account, admittedly I’ve been hands off on my...

I've been working out the numbers for buying my first house which will be a duplex investment property. I have the worksheet linked below, am I missing anything? I have about 5 years left before I retire from the military. So far it maths out...

Before I enlisted, I had an employer-sponsored Roth plan at my previous job. They labeled it as a personal IRA, so the TSP won’t accept it as a roll-in. However, I found this on TSP’s website: “We will accept both direct and indirect rollovers of tax-deferred money from traditional IRAs, SIMPLE...

i’m a O-2 with 19 months of service (Active Duty). I currently have 14,000 thousand dollars on my TSP. I’ve been putting 20% of my monthly pay. I’m currently on the “L 2060” fund on a ROTH. I want to maximize the TSP and do as well as possible but I don’t know or understand much of the TSP...

I recently sold my house at a huge profit in conjunction with a PCS. At my new assignment I will not be buying a house. So, I have $100K I’d like to invest. In 5 years I will retire from the military and I’d like to use the money as a down payment on a home at that time. In the meantime I’d...

Hi folks, Started consulting for a company as an independent contractor and will be pulling in about $150k net this year from the job. I’m living in Illinois, and working at an Illinois satellite location for a California-based company. Contract runs through Dec 31. Add that to my...

Quick question, it may be a real dumb one too. But during the covid dip in 2020 was it possible to transfer your assets from the L fund to the G fund during the fall and then transfer it all back to the L Fund near the bottom? I thought I remember hearing someone do this. Thanks in advance.

Before starting a new thread about TSP asset allocation, please read this thread and ask questions in this thread if clarification is necessary. Suggested reading if you are going to deviate from a TSP Lifecycle Fund: Bogleheads Guide to Investing The Little Book of Common Sense Investing A...

I am using MilTax (H&R Block) and it keeps having me fill out Hawaii State Tax forms. Do I need to do this? I claim CA and file exempt because they do not have state income tax for SM’s PCS’d outside of the state

So I f’d up big time!!! In late 2021, I thought it would be a good idea to get a Military Star card(AAFES) which I ended up placing my Children’s Christmas on and other things. Lost my job in February, then my unemployment ran out in July, PCS’d in September, so by January 2023 it was in...

Good afternoon all, The Air Force (and I believe other orgs like Military OneSource) provide premium access to Morningstar's premium tools like the portfolio x-ray, but as of the last month or so, I haven't been able to get them to work. It keeps asking me to log in with an account, which I...

Link While the headline isn't that surprising, what is to me is that only 1% of participants are in the S Fund which is where I have most my money positioned. Does any of this surprise any of you?

So my last day in the army was Jan 10 and I just got what I assume is my was my final pay check I was an e-4 with 3.5 years in and my paycheck was only 1800$ I think I sold around 8/10 days of leave and I should have been collecting bah and was wondering if this sounds both right

My dad took a look at all the TSP funds and wants me to switch 100% to L 2020 funds for a year because he thinks the market will go down. His GF is an accountant and disagrees. However, they both agree to change to lower the I fund from 25% to 10% and put 15% more into C fund. What do you think?

Hi everyone, I need help with some questions: If my husband had been on active duty for 4 years, then continued in Army reserves for another 4 years, is that count as 6 years active duty for transferring G.I bill? If I finished my studies within 2 years, and I had a child during the extended...

So I realize this is quite a bit after the fact but when I filed my taxes for this year I received pretty much the normal amount that I would’ve if I hadn’t gotten an enlistment bonus. I received the first part of my bonus which was 10k when I arrived at my duty station last May, and then 4...

I just got my W-2 but i doesn’t appear to be correct due to a DIY move. They took 2k in taxes and I got back about $5k. Where do I account for this in taxes ? Where should this tax be reflected. I stopped paying taxes due to dependents in august so my w-2 states I paid $1.9k which still...