Tips, advice, and the latest news from the savings world.
By Laura Roler, Military Saves Associate, AFC® Candidate, FINRA Military Spouse Fellow
A few weeks ago Military Saves published The Basics of Active Duty Retirement, which discussed retirement plans and military pensions for active duty service members. Similar to active duty retirement, members of the National Guard and Reserve also qualify for a military pension after completing 20 years or more of qualifying military service.
By Katie Bryan, America Saves Communications Director
Originally published May 8, 2014 on the America Saves blog.
The U.S. Department of the Treasury is developing a new way for workers to start saving for the future. The myRA ("My Retirement Account") program – expected to begin rolling out in late 2014 – will offer a new retirement savings account for individuals looking for a simple, safe, affordable way to start saving.