Changes Are Coming With The TSP Modernization Act

by John Cooney on May 14, 2019

Changes are coming to the Thrift Savings Plan and that is a good thing!  Whenever I talk to someone with a TSP account, they are usually pretty positive with the exception of one area, withdrawals.  The TSP is behind most other defined contribution plans with regards to flexibility in withdrawal options.  Luckily the Thrift Savings Board recognized this and forwarded some proposed changes to Congress and in 2017 the TSP Modernization A

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Which Clients are a Good Fit for On-Going Comprehensive Financial Planning Service?

by John Cooney on May 7, 2019

Financial planners and the services they offer continue to evolve.  In the current financial planning environment, there are three main ways a financial advisor gets paid.  They can be paid a commission on a product they sell; they can be paid a fee based on a percentage of the assets they are managing for you (referred to as Assets Under Management or AUM); or they can charge a fee for comprehensive financial planning.  This last fee can be

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Give Your TSP a Yearly Check-Up

by John Cooney on Apr 16, 2019

Your Thrift Savings Plan account is an important part of your retirement income plan.  As with most retirement accounts, a lot of the responsibility for success will be on you and how much time, energy, and of course money that you put in to making it successful.  This article will provide some suggestions on what you can do on a yearly basis to put yourself in the best position to succeed.

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What Does Your Financial Planner Do For You?

by John Cooney on Mar 28, 2019

There are no shortage of people calling themselves financial planners or financial advisors, so as a consumer it can be tough to decide which one is right for you. In this article, I will talk about the different kinds of planners that are out there, why I chose to be a fiduciary, and finally what I as a financial planner can do for you.

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Military Saves Week: Day 6, Save As A Family!

by John Cooney on Mar 2, 2019

February 25th to March 2nd is Military Saves Week, designed to help promote personal saving and reducing debt.  Each day of the week will have a special focus and today’s focus is saving as a family!

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Military Saves Week: Day 5, Save the Extra!

by John Cooney on Mar 1, 2019

February 25th to March 2nd is Military Saves Week, designed to help promote personal savings and reducing debt.  Each day of the week will have a special focus and today’s focus is saving the extra!

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Military Saves Week: Day 4, Save For Retirement!

by John Cooney on Feb 28, 2019

February 25th to March 2nd is Military Saves Week, designed to help promote personal saving and reducing debt.  Each day of the week will have a special focus and today’s focus is saving for retirement!

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Military Saves Week: Day 2, Saving Automatically!

by John Cooney on Feb 26, 2019

February 25 to March 2nd is Military Saves Week, designed to help promote personal saving and reducing debt.  Each day of the week will have a special focus and today’s focus is Saving Automatically!

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Military Saves Week: Day 1, Save With a Plan!

by John Cooney on Feb 25, 2019

February 25 to March 2nd is Military Saves Week, designed to help promote personal saving and reducing debt.  Each day of the week will have a special focus and today’s focus is Saving With a Plan!

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