Developed in conjunction with

Amat Victoria Curam

Financial Information for Senior Military Officers

Expenses to Plan for Throughout Life

Expenses to Plan for Throughout Life

This post is written by guest blogger Jackie Waters

While it’s impossible to be mentally prepared for every curve ball life may throw, you can try to be as financially prepared as possible. Setting aside money for the surprises in life is crucial. Some major life events, such as retirement and having a baby, aren’t necessarily surprises, but still require you to save ahead. Planning and saving for both unexpected and expected events in life will help you stay financially sound.


Continue reading
210 Hits

Inherited IRAs…A Sticky Wicket

As some of you are in the “sandwich generation” there is at least the possiblity that you could inherit an IRA and it might not be from your spouse. In this case, you need to be careful about what you do with the IRA.

First, if you take money out of the inherited IRA, you will not be able to roll it over into an IRA for yourself. This is different from the scenario where you inherit an IRA from your spouse. Don’t touch the money unless you want to pay taxes on all the withdrawals the year of withdrawal (Technically, if the IRA has a basis…non-deductible contributions; you won’t owe taxes on that amount of money). Let me say that again. Do not try to do a roll over with an inherited IRA unless you inherited the IRA from your spouse.

Continue reading
661 Hits


Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by C.L. Sheldon & Company, LLC ), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from C.L. Sheldon & Company, LLC . To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. C.L. Sheldon & Company, LLC is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the C.L. Sheldon & Company, LLC ’s current written disclosure statement discussing our advisory services and fees is available for review upon request. DISCLAIMER OF TAX ADVICE: Any discussion contained herein cannot be considered to be tax advice. Actual tax advice would require a detailed and careful analysis of the facts and applicable law, which we expect would be time consuming and costly. We have not made and have not been asked to make that type of analysis in connection with any advice given in this blog post. As a result, we are required to advise you that any Federal tax advice rendered in this blog is not intended or written to be used and cannot be used for the purpose of avoiding penalties that may be imposed by the IRS. In the event you would like us to perform the type of analysis that is necessary for us to provide an opinion, that does not require the above disclaimer, as always, please feel free to contact us.

Read Our Blog


Understanding TSP RMDs
      You can't leave your money in TSP forever.  Find out what happens if you don't take it out...


Read More

Access Your Accounts


Sign-up for Newsletter