Everything posted by Disregard
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FY 14 Force Management Program (RIF, VSP, TERA)
If you're applying for VSP, it might be a good idea to max out the the traditional TSP vs the Roth TSP to help minimize potential income tax for 2014--quick way to lower taxable income by $17,500. Thoughts?
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Investment showdown -- beyond the Roth, SDP, & TSP
Out-of-work colonel grateful for outpouring Retired Air Force Col. Robert Freniere says he is considering dozens of offers for housing and jobs after an outpouring of responses from Inquirer readers who learned of his story of unemployment and homelessness last Sunday. ... But it hasn't been all positive. Freniere said he has seen in online comments that some readers, including veterans, questioned his living situation and annual pension of more than $40,000, thinking the amount should be higher for a colonel. Freniere said he wanted to clarify that the money is compensation only for injuries he sustained while on active duty. He said he doesn't know whether he will receive more retirement pay when he turns 60, as most veterans do. Veterans groups have offered to help him find out.
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FY 14 Force Management Program (RIF, VSP, TERA)
Is the VSP only for those facing the RIF, or can anyone with a blue square in the matrix apply for VSP? For example, can an '04 guy passed over for O-4 apply for VSP? (Not eligible for RIF, though not excluded by being on a promotion list or less than 1 year TIG)
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Investment showdown -- beyond the Roth, SDP, & TSP
Retired USAF Col (with 3 graduate degrees) homeless After a 30-year military career in which he earned three graduate degrees, rose to the rank of colonel, and served as an aide to Pentagon brass, Robert Freniere can guess what people might say when they learn he's unemployed and lives out of his van: Why doesn't this guy get a job as a janitor?
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Investment showdown -- beyond the Roth, SDP, & TSP
I opened two Vanguard accounts recently: Roth IRA in VFIFX (0.18% expense ratio) and general investments in VTSAX (0.05% expense ratio). I haven't had my account for a while, but I'm happy that I finally moved the money from USAA. It took one month from opening the account to getting the money transferred, but some of that was probably due to the extra time to mail the forms from downrange.
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FY 14 Force Management Program (RIF, VSP, TERA)
What happens to voluntary separation pay (the actual money) if a person is picked up by a Guard or Reserve unit after separating? Do you get to keep the money or does the AF take it back? What are some tricks for keeping the tax bill low? For instance, could the VSP push someone out of Roth IRA eligibility? How much money will I be able to contribute to my 401(k) and IRA in 2014? The income limits determining who can contribute to Roth IRAs are increasing very slightly. You can contribute to a Roth IRA in 2014 only if your adjusted gross income is less than $129,000 if single or $191,000 if married filing jointly. (The amount that you can contribute starts to decline -- or phase out -- for singles earning more than $114,000 and couples earning more than $181,000.)
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Military Discounts
They verify AD status by using https://www.dmdc.osd.mil/appj/scra/single_record.xhtml
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Saddle up for Syria? Or Op Deny Christmas '13
Behind the scenes article in this month's Wired Magazine about the Syrian rebel weapons makers: https://www.wired.com/threatlevel/2013/07/diy-arms-syria/
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DC Guard Midair
Just practicing for this: https://m.washingtonpost.com/local/f-16-pilot-was-ready-to-give-her-life-on-sept-11/2011/09/06/gIQAMpcODK_story.html F-16 pilot was ready to give her life on Sept. 11 Late in the morning of the Tuesday that changed everything, Lt. Heather “Lucky” Penney was on a runway at Andrews Air Force Base and ready to fly. She had her hand on the throttle of an F-16 and she had her orders: Bring down United Airlines Flight 93. The day’s fourth hijacked airliner seemed to be hurtling toward Washington. Penney, one of the first two combat pilots in the air that morning, was told to stop it. The one thing she didn’t have as she roared into the crystalline sky was live ammunition. Or missiles. Or anything at all to throw at a hostile aircraft. Except her own plane. So that was the plan.
- JPATS Pilot
- WTF? (**NSFW**)
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Military, Aviation, Spacecraft Technology that won't necessarily replace us
- Military Discounts
AMEX SCRA.pdf Keep working until you talk to the right person. I had to get the card first and then call back to get the fee waived. It was gone before the first payment was due.- Military Discounts
AMEX waives the annual fee as part of the Servicemembers Civil Relief Act, so they need your name, birthdate, and the date you entered active duty. Check out the SCRA website at https://www.dmdc.osd.mil/appj/scra/- Military Discounts
Another bump for the American Express Platinum charge card with the $450 annual fee waived for active duty military members. AMEX Platinum Benefits include $200 Annual Airline Credit $100 application fee reimbursed for Global Entry Gold Status With Starwood Hotels Free Airport Lounge Access for You and Two Guests Car Rental Elite Status No Foreign Transaction Fees Platinum Concierge I purchased $200 in United gift certificates which was promptly reimbursed by AMEX. I've used the free access to airport lounges three times in the last two weeks: twice in the Delta Sky Club and once in the US Airways Club (doesn't work for United). I haven't had a chance to use the Starwood Gold benefits yet, but that's good for a late checkout option to 4 o'clock among other things. Can't say no to free money. $200 and 8 free drinks drinks so far.- Leather Flight Jacket
Luck, goodwill reuniting WWII vet with bomber jacket $17 and 60 years later, chance encounter sends WWII bomber's jacket home https://www.stripes.c...jacket-1.218471- Leather Flight Jacket
I was fitted for my custom jacket at Pop's in Jan after lunch and picked it up the same day after dinner. I walked back in the dark no problems, although the gate had been closed earlier in the day due to locals protesting the German and Dutch Patriot batteries that had just arrived: https://rt.com/news/n...ot-missile-807/ I'm happy with my jacket and highly recommend Pop's Leather. Mr Lim installed a silk liner in my issued jacket last year, but you can't beat a custom fitted leather jacket. Well worth the per diem.- Investment showdown -- beyond the Roth, SDP, & TSP
I confirmed that they were still waiving the annual fee for active duty military when I applied for my card. I called back after I got the card to get the fee waived. American Express does this as a part of the Servicemembers Civil Relief Act. They'll even retroactively waive annual fees for your cards if you're active duty. You just need to provide them the information to verify that you're active duty: https://www.dmdc.osd...le_record.xhtml All in all, well worth it.- Investment showdown -- beyond the Roth, SDP, & TSP
You get most of the benefits from the AMEX Platinum simply by having it, so get the card for no annual fee ($450 fee waived for active duty) and use the Blue Cash Rewards for your primary spending. Plus, the AMEX Platinum is a charge card (you must pay the balance every month), so it might even be Dave Ramsey approved. With the annual fee waived, it's a no brainer to get this card. USAA Visa has no annual fee and 1% cash back. It's not advertised on their site, but you can get it if you call and ask. AMEX Platinum Benefits $200 Annual Airline Credit $100 application fee reimbursed for Global Entry Gold Status With Starwood Hotels Free Airport Lounge Access for You and Two Guests Car Rental Elite Status No Foreign Transaction Fees Platinum Concierge- WTF? (**NSFW**)
- The Passing of Rich Hauben, Founder of Baseops.net
- WTF? (**NSFW**)
- WTF? (**NSFW**)
Lawyer says former Bell, Calif., Mayor Oscar Hernandez was too illiterate and uneducated to realize he was misappropriating public funds to pay his $100,000-a-year part-time salary Former Bell, Calif., Mayor Oscar Hernandez is one of six defendants in a city rocked by government corruption accused of holding meetings specifically to boost their approved part-time salaries of $673 a month beyond their natural limits. https://www.nydailyne...ticle-1.1270481- Motorcycle Riders Thread
- CFI (Certified Flight Instructor) info
Free AOPA Membership for AD Military - Military Discounts
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