Deciding Where to Live in Military Retirement

first_imgBy Carol ChurchWhen the time comes to retire from the military, there are so many decisions to be made and transitions for service members and their families to think about. One major one is whether to stay in the community they’re currently living in or to move on to an area that may have more to offer in various ways. For many, this may be a welcome opportunity to return to an area where family live, or to a region they enjoyed when stationed there. But there’s more to consider, particularly from a financial point of view!The situation will, of course, vary from person to person. Many military retirees will be quite young and looking to start a second nonmilitary career. (Did you know that the average military retiree is only in his or her 40s?) Some may still have children in school, which comes with its own set of considerations. Of course, others will be at a different stage of life and feel ready to stop working and pursue hobbies, travel, or relaxation.So, keeping the diversity of the “military retiree” in mind, what are some possible considerations when choosing where to live after retiring from the military?Does the state tax military retirement pay?This can be a big one if the servicemember will be drawing a retirement pension. Of the 50 states, 9 have no state income tax. 14 of those that do have chosen not to tax military retirement pay. Another 20 offer some kind of tax credit or tax exemption for military retirees. Others offer no breaks. These laws change frequently, so it’s a very good idea to research the current laws for any state under consideration. Retirees may also want to compare state income tax rates, which vary widely. Some tax higher earners at a fairly significant rate.Are there industries in the area that draw on skills gained in the military, if planning to still work?Government and defense contract jobs are obvious choices, but the medical, security, manufacturing, and IT fields (among others) may all hold opportunity. The unemployment rate may also be something to consider if the “retiree” plans to pursue a second career or if his or her spouse will be looking for work.Are there VA hospitals in the region, and what do other vets and rating systems say about them?Although not every retiree will choose to utilize the VA system for healthcare, it can be important to have the option. VA systems vary, so just knowing there is one in the area may not be enough—it pays off to look into ratings.Is this a popular area for military retirees?The military is nothing if not a huge community, and for some it will be hard to leave. Retirement may feel more comfortable and enjoyable with other veterans in the area. It’s even possible to move to specialized military senior living communities, if this is of interest.How affordable is housing in the area?Military families may be excited to finally purchase a “forever home” after holding back from purchasing or “making do” during years of PCSing. The VA loan program makes this dream even more attainable. For some, however, the realities of home buying may also be a bit of shock. Doing background research on the price and attainability of housing stock in the area is a must.Are there any bases nearby?Though this may not be a big consideration for some, others enjoy being near bases and having access to the amenities they can provide, such as the commissary, exchange, Space-A flights, etc.What is the area’s cost of living?Retirees will want to see how the costs of common expenses like groceries, health care, utilities, and son compares from region to region. (Property and local taxes are a big factor, too.) While it can be difficult to obtain a reliable estimate of this figure, some sites offer cost of living calculators, like this one and this one.What about climate, cultural opportunities, and general demographics of the area?These are more typical “where to retire” considerations are still going to be relevant. Many websites and articles provide information on these factors.This is all quite a bit to consider—all the more reason to start thinking about these big choices early. Service members should start planning for retirement two to three years ahead of time. It will take time to get everything worked out and all the i’s dotted and t’s crossed. Many sites, lists, and articles rate the “best” cities, states, and area for military retirees, but of course, in the end, this decision will be very personal. Considering the financial implications of where to settle should certainly be part of the picture.We’re hosting a 3-day learning event June 6-8 focused on retirement issues. Learn more about this Virtual Learning Event here.last_img read more

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a month agoMoussa Sissoko delighted with new Spurs deal

first_imgMoussa Sissoko delighted with new Spurs dealby Paul Vegasa month agoSend to a friendShare the loveTottenham midfielder Moussa Sissoko is delighted with his new deal.He has signed a new contract with the club until 2023.The Frenchman arrived in north London in the summer of 2016 and has developed into a key player under Mauricio Pochettino.Sissoko said: “I’m very proud to sign a new deal with the club – that means the club believes in me and they’re happy with what I’m doing.”Hopefully I can give my best to the club for a long time and hopefully we can get some trophies all together.” TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img

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Diaspora Conference to Engage Young People

first_img Organisers of the Jamaica 55 Diaspora Conference are placing much emphasis on engaging young people in Jamaica and the Diaspora through a Youth Forum. For more information on how to participate and register your projects, persons can visit the conference website: www.mfaft.gov.jm/conference or email at [email protected] Acting Director of the Diaspora Affairs Department at the Ministry of Foreign Affairs and Foreign Trade, Lincoln Downer, told JIS News that the forum will be led by the young people from the UK, Canada and the USA. Story Highlights Organisers of the Jamaica 55 Diaspora Conference are placing much emphasis on engaging young people in Jamaica and the Diaspora through a Youth Forum.The Global Young Leaders of Jamaica Forum is slated for Wednesday, July 26 at the Jamaica Conference Centre in downtown Kingston.At the forum, discussions will focus on entrepreneurship, mentoring young people and deepening cultural ties and affinity with Jamaica.Acting Director of the Diaspora Affairs Department at the Ministry of Foreign Affairs and Foreign Trade, Lincoln Downer, told JIS News that the forum will be led by the young people from the UK, Canada and the USA.They will also interact with their local counterparts from the Youth Advisory Council, National Secondary School Council, Jamaica Youth Ambassadors Programme and the Jamaica Union of Tertiary Students.Mr. Downer said the session will showcase examples of work being done by young Jamaicans and second, third and fourth generation Diaspora members.The conference will begin on Sunday, July 23, with an official opening ceremony and Governor-General’s Achievement Awards. This is to be followed by a Welcome Home reception at The Jamaica Pegasus hotel in New Kingston.Other features include Church Services, a Marketplace Exposition, Government At Your Service, Diaspora Day of Service and a range of hospitality and cultural activities in Kingston.The conference is being convened by the Ministry of Foreign Affairs and Foreign Trade in collaboration with public and private sector organisations, under the theme: ‘Partnering for Growth’.On Monday, July 24, Minister of Foreign Affairs and Foreign Trade, Senator the Hon. Kamina Johnson Smith, will set the context and expectations of the conference.Participants will attend nine plenary sessions as well as interactive discussions.A session, titled ‘Caring Our Human Capital’, will have talks by the Minister of Health, Dr. the Hon. Christopher Tufton; Surgeon, Researcher and Specialist in Cancer Diagnosis and Treatment, United States of America (USA), Dr. Vincent Reid, and Director, Public Health & Human Services, City of Hartford, Connecticut, USA, Dr. Gary Rhule.The session will highlight the many modern developments in the provision of health care in the public and private sectors in Jamaica and Diaspora locations.It will also examine opportunities to consolidate and expand the types and levels of support received from the Diaspora.Jamaica’s crime situation will be discussed at a session under the theme: ‘Protecting our Human Capital’. This session will provide information on the initiatives being taken by the Government, communities and other stakeholders to improve citizen security.Minister of National Security, Hon. Robert Montague, will examine five areas of the National Programme for Crime Intervention and Prevention with special emphasis on: ‘Crime Prevention through Social Development’.In addition, Leader of the Diaspora Crime Intervention and Prevention Task Force, USA, Captain Rupert Francis, will look at engagement strategies for mobilising support of the Diaspora for Crime Intervention Initiatives in Jamaica, in areas such as Intelligence, Cybercrime, Mentorship, Conflict Management and Leadership.The three-day programme will also focus on ‘Investments for inclusive economic growth and job creation’.This session will feature the Chairman of the Economic Growth Council (EGC), Michael Lee-Chin, who will outline ways in which the Diaspora can contribute to the achievement of the Government of Jamaica’s socio-economic ‘5-in- 4’ growth initiative – the attainment of five per cent GDP growth within four years.Mr. Lee-Chin will also highlight opportunities for Diaspora investments, expertise and philanthropy to support Jamaica’s growth agenda.At another session, there will be discussions on investments in small, medium and social business enterprises (SMEs and SBEs)).This session will highlight the wide-ranging opportunities for Diaspora/Jamaica partnerships in the areas of equity investments and crowd funding.Discussions will also focus on opportunities for crowd funding through existing platforms and the sharing of successes, so far, in connecting SMEs and SBEs to funders interested in their businesses.The conference wraps up on Wednesday (July 26) with reports on actionable outcomes from the Conference Chairman, Earl Jarrett, and Executive Director of the Jamaica Diaspora Institute, Professor Neville Ying.On July 27, activities will culminate with the Diaspora Day of Service when Jamaicans and persons of Jamaican descent living overseas will provide services to communities and institutions across the island through a range of projects.For more information on how to participate and register your projects, persons can visit the conference website: www.mfaft.gov.jm/conference or email at [email protected] event will be streamed live for the four days at: JIS Diaspora Streamlast_img read more

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Womens Basketball No 18 Ohio State looks to build on Michigan State

Ohio State senior guard Kelsey Mitchell (3) dribbles past defenders in the second quarter against Michigan State on Jan. 27 at the Schottenstein Center. The Buckeyes beat the Spartans 78-62. Credit: Alyssia Graves | Assistant Sports DirectorOn Jan. 15, the No. 18 Ohio State women’s basketball team sat atop the Big Ten with no conference losses and winning margins of at least seven points in every game. But a little more than two weeks later, the season’s outlook has drastically shifted. The Buckeyes dropped three games in a row — to Michigan, Maryland and Iowa — and fell to fourth in the conference. Ohio State (17-5, 6-3 Big Ten) bounced back with a 78-62 home win against Michigan State on Saturday and will search for its second straight win when it plays Penn State (13-9, 4-5 Big Ten) at 7 p.m. Wednesday at the Schottenstein Center.Projected StartersOhio State:G — Asia Doss — Senior, 5-foot-7, 9.3 ppg, 2.8 rpg, 3.4 apgG — Kelsey Mitchell — Senior, 5-foot-8, 24.8 ppg, 3.2 rpg, 4.3 apgG — Linnae Harper — Redshirt senior, 5-foot-8, 15.6 ppg, 9 rpg, 2.4 apgG — Sierra Calhoun — Redshirt junior, 6-foot, 12 ppg, 3.9 rpg, 1 apgF — Stephanie Mavunga — Redshirt senior, 6-foot-3, 15.4 ppg, 10.9 rpg, 0.7 apgPenn State: G — Teniya Page — Junior, 5-foot-7, 18.2 ppg, 3.7 rpg, 2.8 apgG — Amari Carter — Redshirt sophomore, 5-foot-8, 14.8 ppg, 3.6 rpg, 3.6 apgG — Siyeh Frazier — Sophomore, 5-foot-9, 7.4 ppg, 3.2 rpg, 1.9 apgG — Jaida Travascio-Green — Sophomore, 6-foot-2, 12.2 ppg, 3.7 rpg, 0.7 apgF — De’Janae Boykin — Redshirt sophomore, 6-foot-2, 7 ppg, 8.9 rpg, 1.7 apgScouting Penn StateA middle-of-the-road Big Ten team, the Nittany Lions fell to Purdue 88-73 on the road Sunday afternoon, ending their three-game win streak. In that game, the Boilermakers took advantage of Penn State’s defense, one of its most glaring flaws. Purdue hit 73.5 percent of its shots and went 5-for-8 from 3-point range. This season, the Nittany Lions have allowed opponents to shoot 41.6 percent from the field, hird-worst in the Big Ten. The Buckeyes — who have the highest-scoring trio of players in the nation in forward Stephanie Mavunga (15.4 points per game) and guards Kelsey Mitchell (24.8 points per game) and Linnae Harper (15.6 points per game) — are primed to take advantage of Penn State’s lacking defense. They shoot 44.6 percent from the field, the fourth-best in the conference, despite taking more 3-pointers than any other team in the Big Ten.However, Penn State’s offense also has struggled, hitting 40.1 percent of its shots, the second-lowest average in the conference. It averages just 12.3 assists per game, which also ranks second-worst in the Big Ten.But the Nittany Lions have a prolific scorer in junior guard Teniya Page. She dropped 32 points in last season’s matchup between the two teams in what Ohio State redshirt junior forward Makayla Waterman called a “career game.”“She’s incredibly quick,” said Ohio State head coach Kevin McGuff. “Really crafty with the ball. She can shoot from the perimeter. Can also put the ball on the floor and drive it. Just all-around a great player.”Penn State needs her to repeat last year’s performance to have a chance in the game, since it does not have the advantage in many areas of the court. Page will needhelp from redshirt sophomore guard Amari Carter, who averages 14.8 points per game. Carter is tied for first in the Big Ten with 2.7 steals per game, but Ohio State ranks first in the conference in turnover margin.Redshirt sophomore forward De’Janae Boykin pulls down 8.9 rebounds per game, but Penn State holds the second-worst rebounding margin in the Big Ten (-2.2). Ohio State believes it still has a “target on our back”The Buckeyes entered the season with extremely high expectations. They were voted the top team in the Big Ten by both the media and coaches, earned a top-10 preseason spot in the Associated Press preseason poll, and Mitchell was named preseason Big Ten Player of the Year.Ohio State still ranks 18th in the nation — and will likely be a top-four seed in the Big Ten tournament with a chance to be a top-four seed in the NCAA tournament — but it has not fulfilled the sky-high expectations, especially recently. But despite the three-game skid, the Buckeyes still believe they have a “target” on their back.“I think so, just with the success we’ve had in recent years,” McGuff said. “I think we definitely have it. That’s part of the responsibility of being at Ohio State.”That success has placed Ohio State in the top three in the Big Ten the past two seasons. The Buckeyes currently sit fourth in the conference, but they play a group of middling teams the remainder of the season and have a chance to run the table.Waterman believes her team’s Big Ten success since McGuff was hired outweighs the recent struggles.“I think that just being at Ohio State, you have that [target],” Waterman said. “We’ve been pretty successful in the past, pretty successful this year. People want to do well against us, they want to beat us. When we hit that losing streaking streak and we feel like they’ve hit that target, we’ve just got to rebuild and just stay focused.”Penn State has played inconsistently against the conference’s best teams. It has not beaten a team with less than four losses in the Big Ten, though it nearly knocked off No. 11 Maryland Dec. 31, but lost 69-65. The Hawkeyes, Wolverines and Terrapins showed Ohio State’s target can be hit. But this season, the Nittany Lions have been unable to beat teams as well-regarded as the Buckeyes. read more

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United must build on Cardiff victory – Young

first_imgManchester United winger Ashley Young has urged his teammates to build on their 5-1 win at Cardiff City as they prepare to host Huddersfield Town on Wednesday.Young wore the captain’s armband during United’s 5-1 victory at Cardiff City Stadium on Saturday.Marcus Rashford, Ander Herrera, Anthony Martial and a brace from Jesse Lingard gave Ole Gunnar Solskjaer his first win in his first game as caretaker boss.United will host Huddersfield Town on boxing day, and Young has demanded the same level of performance on Wednesday.“We are delighted [with the win],“ Young told the club’s website.“The way we went about our job from minute one to the 90th-minute was fantastic and the only disappointment was conceding the goal, but we take the positives from today’s game and build on from here.Harry Maguire, Manchester UnitedLiverpool legend Nicol slams Harry Maguire’s Man United form Andrew Smyth – September 14, 2019 Steve Nicol believes Harry Maguire has made some “horrendous mistakes” recently, and has failed to find his best form since joining Manchester United.“The fans have been fantastic all season whether we have won, lost or drawn, they have always been behind us.“There are always going to be times when they are not going to be happy when we are not winning, that’s obvious. Today they were brilliant from the warm-ups to when we left the pitch.“We want to keep those performances up for them, the staff, the players and keep building on what we showed.“We have lots of games coming up over the Christmas period and it is about recovering in the right way and we just have to concentrate on each game coming up and not look too far ahead.“The next game is against Huddersfield, a lot of the press will talk about us, but as players we concentrate on the next game and that is what we will be doing. We have another tough few games coming up and Huddersfield is our focus.”last_img read more

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Legislature Is Looking At Potentially Borrowing 1 Billion To Pay Oil Debt

first_imgStory as aired: Audio PlayerJennifer-on-oil-tax-lending-bill.mp3VmJennifer-on-oil-tax-lending-bill.mp300:00RPd Facebook0TwitterEmailPrintFriendly分享The Alaska Legislature is considering a proposal that would allow the state to borrow up to $1 billion from global markets in order to cover the debt it owes to oil and gas companies. According to BlueCrest CEO Benjamin Johnson the $525 million project for BlueCrest has spent roughly $400 million and is expecting the other $125 million back from the state. But, the company has only received $27 million back in tax credits, and caused the company to take an ‘operational pause’ in order to obtain additional funding. Senate Bill 176; “An Act establishing the Alaska Tax Credit Certificate Bond Corporation; relating to purchases of tax credit certificates; relating to overriding royalty interest agreements; and providing for an effective date.” Companies like BlueCrest who started their Cosmopolitan project out in Anchor Point based on a partnership proposed by the state in 2014. The state promised billions of dollars in tax credits to smaller oil and gas companies between 2003 and 2017. But when petroleum prices plunged, the state could no longer afford to pay the credits. According to text written within the bill the debt is estimated to be be closer to $1 billion once the expected applications are submitted this year. SB 176 remains in the Senate Resources Committee as of this morning. Governor Walker signed HB111, a bill ending cash credits, into law at the end of July in 2017. The state has been paying only the minimum amount on what it owes in tax credits to companies for the past several years, but as of December 31, the state owes $806 million in credits.last_img read more

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