By Abigail C. Reid, Writer-Editor, Federal Retirement Thrift Investment Board
If you’re a millennial (born in or after 1982) in the military, you might encounter a number of financial challenges unique to your career path and age group. But as you face these challenges, one of your best opportunities to save for your future is with the Thrift Savings Plan (TSP). Below are the answers to some questions you might have about participating in the TSP.
By Sandra Boenig, AFC®
You are probably hearing a lot about planning for retirement - there is so much information, so many ways to save, that it can be crazy and confusing. However, two simple concepts can help you save for ANY investment, including retirement. These concepts work even better if you start using them when you are young!
By the USAA Educational Foundation
Life is full of decisions, some bigger or more impactful than others. This is fairly obvious.
What’s not so obvious is that some seemingly small decisions you make as a young person in the military – we’re talking about money decisions – can have life-changing consequences, both good and bad.
Are you an organization that serves young adults in the military, ages 18-34, also known as Millennials or Generation Y? Are you a young adult in the military? If you answered yes to either of these questions, the new Military Millennials Resource Packet is for you!
By the Association of Military Banks of America (AMBA)
This June, the Association of Military Banks of America (AMBA) is asking the military community to share stories about how your military bank has helped you. See official contest information here.