A Retired Military Officer who completed a successful second career is likely to have a fair bit of money in an IRA or 401(k). Required Minimum Distributions (RMDs) can actually cause problems if you don't understand them.
One option military officers have for retirement savings is an IRA. IRAs come in two "flavors". Roth and Traditional. To know which one to chose, you have to understand them.
Dependency status can be confusing for even the most tax savvy military officer. Here is some guidance to help you determine if your children are still your dependents.
Getting stuck with an unexpected tax bill can be stressful and unsettling. Here are five ways military officers can reduce your tax bill to a more manageable size.
There is a pretty good chance that at some point during or after your military career that you will inherit the family home. It is easy to think that the tax bill will be big when you sell it. That might not be the case.
Retired Military Officers working in their second career might want to consider using Donor Advised Funds to maximize the tax benefits of charitable contributions.
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