Whether it's during the transition to civilian employment or because combined spouse income is too high, many military families miss out on Roth IRA tax-advantaged savings. Backdoor Roth IRA is a technique that can help families continue to build wealth for their future and suppress their lifetime tax bill.
Nearly every conversation people have when they talk about investing revolves around either what family and type of funds to use (allocation) or what mix of traditional IRAs, Roth IRAs and taxable accounts to use (tax treatment). Not discussed enough is the importance of building your estate plan early and doing the housekeeping to make execution easy for your loved ones who will have to execute it without your assistance, and while they'll most likely be actively grieving your death or your loss of capability/capacity to handle your own affairs.
Presentation will review important links between financial, mental, and physical health in Veterans. Then, the presentation will navigate through the National Veterans Financial Resource Center (FINVET) at the Department of Veterans Affairs (VA) to raise awareness of a newly launched Veteran-centered website of tools and resources for Veterans to empower them to earn more money, save money, and protect their money.