Military Finances 101: SGLI
SGLI is an important benefit provided to military members. It is important to understand how you sign up, who can be or are your beneficiaries and the tax treatment of SGLI proceeds when developing your financial plan.
SGLI is an important benefit provided to military members. It is important to understand how you sign up, who can be or are your beneficiaries and the tax treatment of SGLI proceeds when developing your financial plan.
Military Officers can make college possible and receive aid by properly completing a FASFA application. Here’s what you must know before getting started.
Military officers, as well as other taxpayers, will often sell securities at a loss to reduce their tax bill. That is a valid tax avoidance technique. However, while executing this strategy, make sure you don't run afoul of the wash sale rules.
While retired military officers have a great start on retirement funding, those who start a business need to know and understand the retirement plan options available. By participating in one or more of the plans available, you can set yourself up for the retirement lifestyle you desire.
Find out how John DiPiero worked his way from active duty, serving as a Director of Staff for a four-star general to several positions and a rewarding civilian career with USAA
It is possible that in certain circumstances a retired military officer will be unable to file an amended tax return in time to correct for unreported VA offsets from retired pay. If this situation presents itself, make sure you file a protective claim.
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