Finance
How to Manage a Lump Sum of Money
You sell a house. You receive an inheritance. You receive life insurance proceeds. You sell a business. These all are reasons
Ostrom is MOAA's former Program Director, Financial & Benefits Education/Counseling
Lt. Col. Shane Ostrom, USAF (Ret), CFP® retired from the Air Force in 2000 after serving in a variety of personnel, education and training, and executive officer assignments. His assignments included tours from Florida to North Dakota, and from Korea and Australia to the Pentagon. His final assignment was on the Joint Staff, writing and championing legislation related to joint officer personnel management issues.
After Air Force retirement, Ostrom practiced as an investment advisor at a large investment firm and a bank. He specialized in working with clients developing, implementing, and managing investment plans and portfolios. He holds the Certified Financial Planner™(CFP®)certificate.
Ostrom joined the MOAA staff in 2006. His responsibilities include researching and writing articles, answering member inquiries regarding military benefits, health care, survivor issues, and financial concerns. He also travels extensively to discuss these matters with present and past servicemembers, retirees, and their families.
You sell a house. You receive an inheritance. You receive life insurance proceeds. You sell a business. These all are reasons
When a military service retiree dies, the flurry of payment activity by two federal bureaucracies, who provide no explanation, can be confusing and frustrating to say the least. Here is a breakdown of what happens to the pay of the
The following tax issue is tricky seek professional tax help if you intend to use this provision. There are no tax specialists at MOAA. We are about awareness, not advice. “You can deduct investment fees,
What makes MOAA's financial services different from other financial firms? We aren't a financial service firm for one. We don't sell
As you would expect, the overwhelming majority of people who join the uniformed services do not retire from their respective service.
We don’t realize how indoctrinated we are in the Service culture until we are out and living on the other side. Leaving the Service can be a rough transition and you want to be as prepared as possible when you