Investments

Should I set up a 530A account (aka Trump Account) for my child?

Leave a Comment / Financial Planning, Investments /

Author: Joe Turkal, Co-Founder Sierra Hotel Financial, LtCol (Ret), USMC The recently enacted Section 530A account, commonly referred to as a “Trump Account,” introduces a new tax-advantaged savings vehicle designed to help American families build wealth for children from an early age. While these accounts share some similarities with IRAs and 529 plans, they have […]

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Does Your Company Plan to IPO in the Future? (Navigating Equity Compensation at IPO: Opportunities and Risks for Employees)

Leave a Comment / Benefits, Investments /

Author – Joe Turkal, LtCol (Ret) USMC In light of the significant attention surrounding the anticipated SpaceX Initial Public Offering (IPO), which could become the largest IPO in U.S. history, this article is intended to help employees understand the opportunities, risks, and tax implications associated with equity compensation when a private company transitions to public

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Thrift Savings Plan (TSP) Fundamentals for Military Members

Leave a Comment / Benefits, Federal Employee, Investments, Military /

Author – Joe Turkal, LtCol (Ret) USMC Every active-duty military member or military reservist (while in active status) has access to the Thrift Savings Plan (TSP) program.  Although some of the more tenured military members are still on the high-three retirement system, the great majority are now on the blended retirement system.  All active military

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When Is It Advantageous for Me to Do a Roth Conversion in My TSP?

1 Comment / Benefits, Federal Employee, Financial Planning, Investments, Military /

Author – Joe Turkal, LtCol (Ret) USMC  Scheduled to begin on January 28, 2026, the Thrift Savings Plan (TSP) will allow in-plan Roth conversions. Few TSP owners are aware of this, and even fewer have insights into when this may be an advantageous step to take. This feature will be available to both active and inactive contributors.

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Hey Military Service Member, Beware of the Financial Advisor Lurking Outside the Front Gate

Leave a Comment / Investments, Military, Military Transition /

Author – Joe Turkal, LtCol (Ret) USMC If the article’s title caught your eye, did you expect the warning to be for a used car salesman outside your military installation’s front gate?  Also did you expect that it would be an article targeted at an E-2 or E-3?  I wouldn’t be surprised if you did.

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How the Financial Industry Quietly Reduces Your Returns

Leave a Comment / Investments /

Author – Spencer Turkal “My custodian/broker went to no-fee trading so therefore I don’t pay any fees”. We hear this from time to time to which my usual response is: “Ah, I didn’t realize that (insert big custodian/broker dealer) was a non-profit!” While I typically try not to be sarcastic, sometimes it is the simplest

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