Jan
10
What is the Thrift Savings Plan – TSP?
January 10, 2010 | 1 Comment
The Thrift Savings Plan (TSP) is a Federal Government-sponsored retirement savings and investment plan. Congress established the TSP in the Federal Employees’ Retirement System Act of 1986. The purpose of the TSP is to provide retirement income.
On October 30, 2000, the Floyd D. Spence National Defense Authorization Act for Fiscal Year 2001 (Public Law 106-398) [...]
Dec
11
VA Home Loan Benefits
December 11, 2009 | 8 Comments
Photo Credit: Linda Yvonne
Home loans established by the Department of Veteran Affairs (VA) are guaranteed to military and prior military, military retirees along with some reserve and national guardsmen. While the loan itself is secured via an actual bank unaffiliated with the VA.
The process of applying for and securing a VA loan means certain requirements [...]
Dec
4
Educational Benefits Overview
December 4, 2009 | 1 Comment
Photo Credit: Temari 09
Montgomery G.I. Bill
It is important that your service member have signed up for this in boot camp. It requires a monthly payment of 100.00 for a year. This ensures eligibility as long as your service member completes a set portion of his/her contract depending on the initial enlistment time. (2 of a [...]
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