Author - Forrest Baumhover

1
2018 IRS Tax Refund Schedule (2017 Tax Year) – When Will I Receive My Tax Refund?
2
Dangers of Taking Out a TSP Loan
3
Are You Ready To Be A Landlord? Five Questions You Need to Answer
4
Employee Benefits For Transitioning Personnel-Employee Stock Options
5
Financial Regulation Offices (by State)

2018 IRS Tax Refund Schedule (2017 Tax Year) – When Will I Receive My Tax Refund?

When it comes to filing a tax return, there are a few questions that people care about more than any other – how much am I paying on taxes, how much will I get back in my tax refund, and when will I receive it? Everything else, the say, is just details.

There is no quick and easy answer to the first two questions. However, we can give you a rough idea of when you will receive your tax refund, but only if you file your federal taxes electronically using a software program or with the IRS E-File. Expect longer

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Dangers of Taking Out a TSP Loan

Recently, Michael Kitces published an article titled, “Why Paying Yourself 5% Interest On A 401(k) Loan Is A Bad Investment.”  My first thought was, “If it’s a bad idea for a 401(k) loan, it must be even worse for Thrift Savings Plan loans.”  After all, the interest on a TSP loan is nowhere near 5%…it’s tied to the G-Fund interest rate.  At the time of this writing, that would be 2.25%.  In other words, that’s less than than half of the 401(k) loan mentioned in Kitces’ article.

But that’s not why I wrote this article.  After all, I …

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Are You Ready To Be A Landlord? Five Questions You Need to Answer

In the military, we face this decision more than most folks.  We buy a house because we intend to stay in it for a while.  We hope that we can hold it long enough to actually have prices rise over time, then either rent it or sell it for a profit.  Then life gets in the way.  We get an unexpected set of orders.  Exciting and nerve-wracking at the same time.  Career-enhancing, but life-altering.  As we get used to the new reality, we start to think:  “Am I ready to be a landlord?”

When real estate prices go down, sometimes …

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Employee Benefits For Transitioning Personnel-Employee Stock Options

There are many employer benefits that just aren’t available to servicemembers.  Before separating from service, it’s important to understand what types of benefits exist, and what impact they may have on our personal finances.  This article focuses on employee stock options, specifically:

  • What are stock options?
  • Why do stock options exist?
  • Why do employers offer employee  stock options?
  • What type of employee stock options are there?
  • Tax treatment of employee stock options
What is a stock option?

A stock option is simply a contract that allows you to purchase or sell shares of stock (usually in blocks of 100 shares), …

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Financial Regulation Offices (by State)

While the gossip of the moment is about the fiduciary standard, it’s important to realize that people can fall victim to bad financial advice, even from a fiduciary.  Most fee-only financial planners are registered as investment advisers.

Every registered investment advisor (RIA) is required to file form ADV, which contains a lot of information.  RIAs are also required to register with either a state regulatory office or the Securities & Exchange Commission.

These regulatory offices are responsible for ensuring that RIAs comply with federal and state laws.  They should also be your first checking point to ensure:

  • The person
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