Banking and Savings Most Popular Articles

  • UsingATMs
    Top Five Military Banks and Credit Unions
    Military.com|
    If you're in the military or are a veteran and are looking for a bank, this list is for you.
  • cash payment
    5 Strategies to Pay for College Today
    Military.com|
    To help streamline your college banking and find the cash to pay for an education in today's economy, here are five methods and...
  • ATM
    10 Best Military Banks of 2015
    Military.com|
    A study investigated more than 30 military banks and credit unions, and came up with this top 10 list.
  • 70 ways to save money
    70 Easy Ways to Save Money
    Jeff Rose
    Here are 70 ways you can save money in the four biggest budget categories: food, transportation, housing, and health.
  • Pros and Cons of Online Banking
    Military.com
    Consumers view online banking as a quick way to pay bills and check their finances. However there are a few drawbacks to online...

Contributor

Since 1879, Navy Mutual has faithfully fulfilled its duty to support military families by providing excellent life insurance and annuity products. We are proud to serve as steadfast advocates for Navy Mutual Members to ensure they receive the benefits and financial security they deserve. At Navy Mutual, our guiding principle is to serve our Members the same way they serve our country — with integrity, passion, and commitment. Learn more at www.navymutual.org.

Inheriting a 401 (k)

The IRS has put out new rules which allow children, grandchildren, siblings and other named beneficiaries to transfer the balance of an inherited 401 (k) directly into an IRA. These beneficiaries no longer have to take distributions in a lump sum or spread over only a few years, but instead can spread out the distributions, and the taxes, over their lifetime. Money must be transferred into an "Inherited IRA" not the beneficiaries own IRA in order to benefit from these new provisions. Be sure to check with a tax advisor to properly set-up and title an inherited IRA.

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Contributor

Since 1879, Navy Mutual has faithfully fulfilled its duty to support military families by providing excellent life insurance and annuity products. We are proud to serve as steadfast advocates for Navy Mutual Members to ensure they receive the benefits and financial security they deserve. At Navy Mutual, our guiding principle is to serve our Members the same way they serve our country — with integrity, passion, and commitment. Learn more at www.navymutual.org.

Featured VA Loan Articles

  • VA Loan Closing Costs: An Added Benefit
    Besides the advantage of requiring no down payment for qualified VA borrowers, there's also a distinct advantage for the borrow...
  • White suburban home.
    IRRRL Facts for Veterans
    Military.com
    IRRRL stands for Interest Rate Reduction Refinancing Loan,also known as a "Streamline" or a "VA to VA" loan.
  • US Map Showing High Cost Counties
    VA Loan Limits for High-Cost Counties 2017
    Military.com
    The VA loan limit for 2017 is $424,100. But it could actually be substantially more if you buy a home in a high-cost county. Se...
  • Get the FAQs on VA Home Loans
    We've answered 16 of the most frequently asked VA Loan Benefit questions. View them now to get a quick understanding of your be...
  • Top 3 VA Home Loan Tips
    There are numerous advantages to having a VA mortgage. A VA mortgage loan can be guaranteed with no money down, in some cases u...
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