The Military Wallet: Helping the Military Community Manage Money

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Military TSP: How to Make the Most of Your TSP Plan

Congress created the Thrift Savings Plan as part of the Federal Employees’ Retirement System Act of 1986. The TSP offers the same tax and retirement savings benefits that individuals receive from their 401(k) plans through private …

Five Reasons to Consider a Traditional IRA Over a Roth IRA

Tax-advantaged accounts can provide greater long-term benefits than taxable accounts.  In the military, the Thrift Savings Plan is a great first step toward saving for retirement. However, as you depart the military, you should learn more …

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Types of Military Discharges – Understanding Discharge Ratings

There are many types of military discharges, including an honorable military discharge, general discharge, under other than honorable conditions, bad conduct discharge, dishonorable discharge, and entry-level separation. This guide explains the difference among these types of …

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