Service to Savings

In this episode of 'Service to Savings,' hosts Joseph Brown and Greg Young discuss financial strategies for managing old 457 plans and the benefits of rolling them into Thrift Savings Plans (TSP) or IRAs. They explore the pros and cons of different investment options, including the importance of diversification and the potential for Roth IRA conversions. The conversation also touches on the signif...

In this episode of Service to Savings , hosts Joe Brown and Greg Young answer three listener questions covering different areas of military and veteran financial planning. Joe and Greg discuss how to approach retirement planning when you are six months from retirement, how to evaluate whether military discounts are actually saving you money, and where military families should begin with estate pla...

In this episode, Joseph Brown and Greg Young discuss the intricacies of home buying, savings plans, and financial strategies for military members. They delve into the pros and cons of VA loans, the impact of commuting on financial decisions, and the importance of planning for the future, including investment strategies and estate planning. The conversation emphasizes the need for careful considera...

In this episode of Service to Savings, Joseph Brown and Greg Young discuss financial strategies for military personnel, focusing on tax planning, capital gains, and credit card management. They provide insights into leveraging non-retirement accounts, understanding tax brackets, and optimizing credit card rewards. A trusted resource to help with handling credit cards is military money manual.  Hea...

In this episode of Service to Savings, Joseph Brown and Greg Young discuss various tax-related topics relevant to military personnel, including state tax considerations for military families, the Military Spouses Residency Relief Act, and the implications of rental property depreciation and capital gains exclusions. They also explore the benefits of working with a financial advisor to navigate com...

In this episode, Joe Brown and Greg Young explore the intricacies of life insurance, discussing its necessity, the right coverage, and the different types of policies available. They delve into the importance of life insurance for military families, the role of permanent insurance, and the financial strategies for ensuring family security. #lifeinsurance #militaryfamilies #financialplanning #termi...

In "Maximize Your TSP: Essential Moves for Military Transition," Joe Brown and Greg Young offer invaluable insights into optimizing your Thrift Savings Plan (TSP) as you transition out of military service. Learn strategic moves to enhance your financial future, whether you're considering rolling over, cashing out, or maintaining your TSP. This episode is packed with expert advice tailored for mili...

In this episode of Service to Savings, Joe Brown and Greg discuss the critical financial decision of whether to buy or rent a home at your next military duty station. They explore the pros and cons of using a VA loan, the importance of having an emergency fund, and the emotional and financial aspects of homeownership for military families. Takeaways Emergency funds are crucial for financial stabil...

In this episode of Service to Savings, hosts Joe Brown and Greg discuss the critical importance of emergency funds for military families. They explore what constitutes an emergency fund, how much should be saved, and strategies for building and maintaining these funds. The conversation emphasizes financial readiness as a key component of overall mission readiness, particularly in light of potentia...