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Are you receiving a notice from the VA that you owe back a portion of your disability pay?  Going into VA Debt Collection can not only be an annoying process but it can also disrupt your monthly cash flow and create some financial uncertainty into your life.  Fortunately, there is a process to try and mitigate the disruption and this article will help explain what that process is.
 

Do you know the tax benefits available to you as a servicemember? In this month’s article we will talk about what those benefits are and who they apply to.
 

Combat Zone Tax Exclusion

If you are a Reservist or a member of the National Guard, you are familiar with retirement points, or at least you should be.  Retirement points determine your eligibility for a retirement pension and the amount you receive for a pension.  In this article we will discuss how you earn retirement points, why you should be checking them for accuracy, and how to correct any discrepancies.

One of the most often asked questions I receive as a Financial Planner is from parents asking about saving for their Children’s educations.  My advice is often to start early and use a 529 plan.  Now, for Massachusetts residents, I have even another reason to preach starting early and using a 529 plan; free money!

What Is It?

Things are a changing over at the TSP.  Whether it is temporary due to the Coronavirus or permanent to make the TSP more competitive to civilian retirement account options, there are more options for you and your TSP investment.

There is no question about the devastating impact the coronavirus has had on individuals and businesses.  On the business side, there is some relief out there for employers who qualify.  In this article, we will discuss two new credits, the Employee Retention Credit and the Leave Credits.  We will discuss what they are, who qualifies, how to claim the credits, and what amounts are available to take a

While for many of our National Guard and Reserve servicemembers, traveling to monthly Battle Assemblies right now is not an option, we do hope that in the near future we will be back to meeting together, in-person, as a unit.  When the stop order movement is lifted, it is important that all servicemembers are aware of the tax rules around being able to deduct your out of pocket expenses for travellin

As we move towards April 15th’s tax filing deadline, I wanted to spend a few blogs explaining some of the tax credits that may be available to you.  We have previously gone over the American Opportunity Tax Credit (AOTC)