Timothy Sumer

Life as an Armed Forces Member. This video is an overview of retirement accounts, how they can be used and how to invest in your Thrift Savings Plan or civilian 401K.... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Military life comes with a lot of challenges, but one of the biggest challenges is financial planning for the future. Since military families often have to move frequently and deal with deployments, it can be difficult to create a stable financial situation. One way to start building a solid financial foundation is by enrolling in a Thrift Savings Plan (TSP) or 401K. The Thrift Savings Plan is a retirement savings plan for federal employees, including those in the military. It allows participants to invest a portion of their income into various funds, including fixed-income securities, stocks, and bonds.

Deciding on what to fund to invest in for TSP doesn’t have to be hard. Learning how to capitalize on incremental investments can propel you to your financial goals a lot faster. Make sure to watch until the end for extra tips! Understanding these military hacks will better help understand how can maximize your education benefits will serving in the US Army, Navy or Air Force. With proper preparation and RESEARCH, you can easily move on to the next step of joining the military of receiving your degree. Learn more about Investing here: Ways to Start Investing: Investing in the Stock Market: Overview of the TSP Funds: Overview of S & P 500: DON'T FORGET TO GET YOUR INVESTMENT JOURNEY STARTED HERE: GET YOUR FREE STOCK ON ROBINHOOD USING CODE: GET YOUR FEE DISCOUNT ON ALL TRADES ON FTX USING CODE: TIRED OF MEAL PREPPING- TRY FRESHLY CODE: Enjoyed this video? Subscribe to our channel and hit the notification bell to never miss a new video — and let us k