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.