5 Financial Moves Military Members Need to Make
Military families have unique financial benefits and needs. If you're in the military, here are few moves to cross off your personal checklist.
Thrift Savings Plans work just like 401(k) plans, only they're designed for federal employees, military members included. The benefit of the Thrift Savings Plan is twofold. First, you get an immediate tax break on the funds you contribute, and secondly, you get the option to invest that money at an extremely low cost. With a 401(k), by contrast, you'll often lose a chunk of your earnings to fees.
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Source: Fool.com
