Military Saves Blog
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.
The following content was contributed by the Consumer Financial Protection Bureau (CFBP)
Parents tell us they want to help their children be smart about money. But they’re not always confident about how to go about it.
By Alecia D. Blair
It’s often easier to focus on bills, budgets and balances in the here and now. For many, saving for retirement is a challenge because it seems like something for the distant future. However, the best time to think about retirement is today—whatever your age!
The following post was originally published on May 7, 2013 on the America Saves Blog.
By Barb Miller, Bankruptcy Specialist at LSS Financial Counseling
Wow … what a loaded question! We always hear how crucial it is to get rid of toxic debt, especially credit cards with double digit interest rates. Therefore, people generally assume that paying off debt rather than investing for retirement is the correct answer. In my opinion, this is not really an either/or proposition. The best approach? Do both!