When an army general is preparing to retire from active duty, do they need to personally purchase a leave form or submit paperwork to officially retire from their position, or is there a standardized protocol and process that allows them ...Read more
When an army general is preparing to retire from active duty, do they need to personally purchase a leave form or submit paperwork to officially retire from their position, or is there a standardized protocol and process that allows them to retire without having to buy a form?
Read less
While saving 10-15% of income for retirement is a general recommendation, it may not be feasible for everyone due to individual financial circumstances. Contributing enough to a 401(k) or IRA to receive the maximum employer match and full annual tax-advantaged contribution limit can be an optimal saRead more
While saving 10-15% of income for retirement is a general recommendation, it may not be feasible for everyone due to individual financial circumstances. Contributing enough to a 401(k) or IRA to receive the maximum employer match and full annual tax-advantaged contribution limit can be an optimal savings strategy as it maximizes the benefits of employer contributions and potential tax advantages. However, it may not be sufficient for retirement if additional savings are necessary. It is essential to evaluate personal financial goals and consult with a financial advisor to determine the most suitable savings strategy.
See less