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Proposed law would allow military retirees and fully disabled veterans to continue adding to military retirement accounts

Proposed law would allow military retirees and fully disabled veterans to continue adding to military retirement accounts

Washington – A former Navy pilot known as R-Va has left the military. Recently introduced legislation by Senator Jen Kigugan allows for the first time that 100% disabled veterans can contribute to military-sponsored retirement accounts, known as recycling savings plans. This bill facilitates veterans in advancing financial options for retirees, enabling them to allocate portions […]

Ways to legally reduce tax payments in retirement

Ways to legally reduce tax payments in retirement

You might picture retirement as sun-soaked beaches, golfing, or lazy afternoons filled with long meals. But the reality is that many retirees are still dealing with taxes. Recent figures from HM Revenue & Customs show that the percentage of those over 75 paying taxes increased from 7% in 2011-12 to around 11% in 2022-23. That […]

How Gen Z is getting ready (or not) for retirement

How Gen Z is getting ready (or not) for retirement

Generation Z is currently the youngest adult generation in the U.S., with individuals aged 18 to 28 having a significant amount of time to consider their financial futures, including retirement. However, it seems that, for many, retirement planning isn’t at the top of their to-do lists just yet. A report from Nerdwallet indicates that only […]

Should you include alternatives in your retirement fund following Trump’s executive order? Here’s what investment professionals suggest.

Should you include alternatives in your retirement fund following Trump's executive order? Here’s what investment professionals suggest.

Trump’s Executive Order Opens Doors to Crypto and Private Equity in 401(k) Plans Donald Trump’s recent executive order allows for the inclusion of cryptocurrency and private equity investments in 401(k) plans. This raises an interesting question: if your plan provider is on board, should you dive into these options or stick to the more traditional […]

This retirement plan option provides tax-free growth, yet just 18% of investors take advantage of it.

This retirement plan option provides tax-free growth, yet just 18% of investors take advantage of it.

Understanding Roth 401(k) Contributions Many investors rely on workplace retirement plans to build their long-term savings through automatic paycheck deductions. Yet, it’s surprising how many employees aren’t taking full advantage of these opportunities, particularly with options for tax-free growth. Data from Vanguard indicates that while 86% of retirement plans offered Roth contributions in 2024, only […]

The Top Habit That Wrecks Retirement Aspirations for the Middle Class

The Top Habit That Wrecks Retirement Aspirations for the Middle Class

Commitment to readers For many middle-class Americans, retirement should be a time to embrace the life they’ve always dreamed of. Yet, often certain habits can disrupt those aspirations, leading to financial stress instead of the freedom they hoped for. It’s not just about spending too much—it can be hard to pinpoint these habits until they […]

7 countries where having $150K in savings allows for immediate retirement

7 countries where having $150K in savings allows for immediate retirement

If you have around $150,000 saved up and the thought of another Monday meeting makes your eyelids twitch, you might be wondering: Can I realistically quit my full-time job and live somewhere else? The straightforward answer? “Yes, but proceed with caution.” In 2025, the commonly accepted “safe withdrawal rate” for new retirees stood at about […]

Air Force’s Senior Enlisted Leader States Service Oath Is Not for ‘Any Individual’ Following General’s Retirement

Air Force’s Senior Enlisted Leader States Service Oath Is Not for ‘Any Individual’ Following General’s Retirement

Air Force Enlistment Leader Addresses Airmen Following Leadership Changes This week, the Air Force’s leading enlistment officer reached out to senior non-commissioned officers after the unexpected announcement of the service chief’s retirement. The message emphasized that airmen’s loyalty should not be tied to individuals. In a communication sent on Thursday, which was seen by Military.com, […]