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Long-term capital gains are taxed at 0% federally while your taxable income stays under a ceiling. Military pay is mostly base pay (BAH and BAS are not taxed), so many servicemembers have room to sell winners, pay nothing, and buy right back at a higher cost basis.
Filing status Pay grade Years of service Tr...Is the USAA Career Starter Loan a good deal for military officer cadets and midshipman? It depends on your personal financial situation and what you plan to use the loan for.
I discussed the USAA Career Starter Loan and Navy Federal Career Kickoff Loan on my podcast,
“The first $100,000 is a bitch, but you gotta do it. I don’t care what you have to do—if it means walking everywhere and not eating anything that wasn’t purchased with a coupon, find a way to get your hands on $100,000. After that, you can ease off the gas a little bit.”
– Charlie MungerHow long does it take to save $100,000 in the US military? Fo...