FEDVIP for Military Families: Dental and Vision Coverage Worth Understanding
TRICARE covers the medical side of military healthcare, but dental and vision are a different story. For military retirees and active-duty families, the Federal Employees Dental and Vision Insurance Program (FEDVIP) fills that gap with voluntary, competitively priced coverage. Understanding who qualifies, what it covers, and whether the premiums make sense for your family is worth a closer look before the next open season arrives.
TRICARE for Life and Medicare at 65: What Every Military Retiree Needs to Know
You spent decades earning your military retirement benefits. At 65, one of the most valuable pieces of that package clicks into place: TRICARE for Life alongside Medicare. But enrollment windows are unforgiving, the overseas rules surprise most retirees, and something called IRMAA can inflate your Medicare premiums for years if income is not planned carefully. Here is everything you need to know before that birthday arrives.
TRICARE Prime vs. Select: A Military Retiree’s Guide to Choosing the Right Plan
Comparing TRICARE Prime and TRICARE Select as a military retiree? This guide breaks down provider choice, enrollment fees, deductibles, copays, and catastrophic caps so you can make a confident decision for you and your family.
Homeowners Insurance for Military Families: How Much Coverage Is Enough?
Homeowners insurance is more than a closing requirement. For military families who move frequently and invest in homes across different markets, Coverage A and rebuild cost play a critical role in long-term financial protection. Falling below 80% of rebuild value can lead to significant out-of-pocket costs, making an annual policy review essential.
The 50-20-20-10: A Simple Cash Flow Framework for Military Families
The 50-20-20-10 rule of thumb offers a practical way for military families to think about cash flow. It helps create space for spending, saving, and giving while keeping mandatory expenses under control. More than anything, it serves as a conversation starter within households, helping couples stay aligned on financial priorities and avoid the stress that often comes when money begins to drift out of balance.
Serving Others with Your Finances: A Faith-Based Guide to Giving for Military Families
Generosity has always been a core part of Christian stewardship, but it also plays an important role in a healthy financial plan. For military families, intentional giving can align financial decisions with the values of service, faith, and community. By incorporating generosity into a structured framework, families can plan their spending, saving, and giving in a way that supports both financial stability and meaningful impact.
What You Need to Know About The Military and Federal TSP In-Plan Roth Conversion
A Roth conversion inside the TSP can be a powerful tax move for military members and federal employees. It can also be an expensive mistake. The recent addition of TSP in-plan Roth conversions gives you more control over when you pay taxes, but it also adds complexity that many participants overlook. Whether you're active duty, transitioning, or already retired, understanding how conversions affect your tax bracket, pensions, future RMDs, and overall retirement strategy is critical. This article breaks down what an in-plan Roth conversion really does, who it tends to benefit, and the specific TSP rules you need to know before making a permanent decision.
The Military Retirement Pension: How Guaranteed Income Can Change Your Investment Risk Strategy
Military retirement changes how investment risk should be evaluated. A military pension and VA disability income provide guaranteed, inflation-adjusted lifetime income that can significantly reduce reliance on an investment portfolio for mandatory expenses. This shift directly impacts asset allocation, retirement glide path decisions, and overall risk capacity. Unlike civilian retirees who depend heavily on 401(k) or IRA withdrawals, military retirees whose pension covers core living expenses may have greater flexibility to maintain higher equity exposure for long-term growth. Understanding your risk need, or how much your investments must generate to fund your lifestyle, is critical when designing a military retirement investment strategy.
5 Signs Military Families May Need A Tax Professional
Tax season often feels simple until it suddenly isn’t. One year it is a straightforward W-2 and standard deduction. The next, you are navigating rental properties in multiple states, Roth conversions, IRA deductibility questions, or a major income increase from promotion or transition. For military families building wealth, tax complexity can escalate quickly. This article outlines five clear signs it may be time to seek professional tax help, before April arrives and planning opportunities have already passed.
Trump Accounts: A Military Parent’s Practical Guide
Military parents already juggle enough financial complexity without adding another confusing savings vehicle to the mix. Trump accounts are a new, government-created option for children that come with a headline benefit; a potential $1,000 seed deposit for eligible kids. They also strict rules, limited flexibility, and long-term tradeoffs. Before opening one, families should step back and ask a simple question: what are you actually saving for? This guide breaks down how Trump accounts work, who qualifies, and why they are rarely the automatic choice compared to more established options like 529 plans or Roth IRAs.
The One, Big, Beautiful Bill Act - A Recap For Military Families (2026 update)
On July 4th, President Trump signed the One, Big, Beautiful Bill (OBBB) into law, ushering in a wave of tax changes with immediate and long-term implications. While the full bill is extensive, this article distills the most relevant provisions for military families, highlighting what may impact your 2025 tax return and future financial planning.
Gambling With Your Military Career: The Hidden Costs To The App in Your Pocket
Gambling is no longer limited to casinos or occasional poker nights. Today, betting apps place wagering in a service member’s pocket; available 24/7, private, and frictionless. For military personnel, the consequences can extend far beyond lost money. Gambling-related financial stress can threaten security clearances, disrupt steady pay, strain family relationships, and impact long-term career readiness. Understanding these risks is essential for protecting both financial stability and military service.
The Military Survivor Benefit Plan: It’s Not Just About The Math
This article offers an educational perspective on the Survivor Benefit Plan (SBP) that goes beyond rates of return and spreadsheet comparisons. It is intended to help military families reframe the SBP decision as a question of survivor income, emotional burden, and long-term peace of mind, particularly for the spouse who would live with the outcome. The discussion is general in nature and meant to encourage thoughtful conversation between partners.
I Have A Military Pension: Do I Still Need An Emergency Fund?
If your military pension or VA disability covers your core expenses, your emergency fund may need a rethink. Learn how to right-size it with confidence.
A Costly Lesson in Trust: How One Military Family Was Misled
Many military families are targeted by salespeople posing as financial advisors. These individuals often promote complex insurance products, such as whole life or indexed universal life (IUL) policies, as “wealth-building” strategies.
This article examines how one such case exposed the dangers of commission-driven advice and highlights practical ways to identify the difference between a true fiduciary and a salesperson in disguise. It also provides key questions to ask, resources to verify credentials, and guidance on how to find professionals who act in your best interest.
Rolling Out of the Military: Do I Have to Roll Out of the TSP?
Leaving the military comes with a long list of decisions, and your Thrift Savings Plan (TSP) is one of them. Should you keep it, roll it into an IRA, or move it into a new employer plan? This article breaks down the pros and cons of each choice so you can approach your retirement transition with clarity and confidence.
Ready, Fire, Aim: The Military Retiree Transition Trap
You’ve seen the world, but have you seen what’s truly possible for your life after the military? Too often, service members step straight into the next job without ever asking: What do I actually want? This article explores the silent momentum that pushes many retirees into high-paced second careers that mirror military life, without considering whether that’s the lifestyle they really want. If you’ve ever felt like you’re climbing a ladder just because it’s there, this is your invitation to pause, reflect, and choose with intention.
The Risk-Right Portfolio: Where Confidence Meets Strategy
When we think about investing, risk is often the first word that comes to mind, and usually not in a good way. Risk is not something to fear, however. It is something to respect, acknowledge that it exists, and understand how we work with it.
Mid-Year Money Check: Is Your Cash Flow Aligned with Your Goals?
As we reach the halfway point of the year, it’s an ideal time to pause and reassess your financial picture. Life moves fast—especially in military households—and it’s easy for your spending, saving, and goals to drift off course throughout the year without regular check-ins. A mid-year review is your opportunity to make small adjustments now that can have a meaningful impact by year’s end.
Estate Planning for Military Families: Protect Your People, Purpose, and Peace of Mind
Estate planning is about making legal decisions in advance — how your assets should be handled, who should care for your children if something happens, and who has the authority to act on your behalf if you can’t speak for yourself. And for military families, estate planning is especially important.