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Check Six: Aloha Airlines Funbirds – 50 years ago

An Active, Full Retirement Depends on Proactive Long-Term Planning

From the Kiplinger website

The plans you make now need to take into account the effects they’ll have 10 or 15 years down the road.

People are living longer, but how many are living well in retirement?

When it comes to a retirement that’s both enjoyable and financially secure, so much depends on how well people planned financially, and whether their income strategy was designed for the long road and the bumps that may occur as they travel along it.

Too often, it’s not.

That’s why, when preparing for retirement, it’s important to be proactive and get as far ahead of the curve as possible so variables like a fickle market and life events don’t disrupt and undermine your financial security. Rather than wait for something negative to happen and reacting to it, there are ways to build a plan that can help weather storms and sustain you for a long and enjoyable retirement.

We believe it’s important to look at three key areas when proactively planning financially for your retirement:

Check Six: DOD Retirement Luncheon – 10 years ago

Retiree News Photograph | click to enlarge

This photograph was taken on April 7, 2009 at the DoD Retirement & Awards Luncheon. At that time, luncheons were held ash the Hale Koa Hotel.

in the photograph are Neal Nakayama, Lester Ho, one of the retirees honored that day, and Annette Gagarin.

Neal was a Traditional Guardmember who served in the maintenance complex, who retired after many years of service. In civilian life, Neal worked for the United States Postal Service.

Lester enlisted in the Hawaii Air National Guard in 1977. He served initially in the then-Consolidated Base Personnel Office (CBPO) and became full-time as an AGR. He later transferred to the 154th Maintenance Group and finally transferred to the then-154th Mission Support Flight.

Annette has served as a AGR for many years in the Hawaii Air National Guard. She worked in a number of units in the Admin/Personnel area and currently in the front office of the 154th Maintenance Group.

 

What Should You Do with Your Company Pension When You Retire?

From the U.S. News & World Report website

Figuring out what to do with your company pension when you retire can be quite a bit more complicated than making a plan for your employer-sponsored 401(k) plan.

Retiring workers basically have two choices when deciding what to do with their 401(k): Leave it with the company or roll it over into an individual retirement account. Financial planners generally recommend the latter, if for no other reason than you have many more investment choices in an IRA.

But with a company pension plan, your choices can range from many to none. “Every pension plan is a little bit different from the other,” says Christine Russell, a senior manager of retirement and annuities at TD Ameritrade. “When you can get the money out and how is almost completely up to the plan and how it is structured.”

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Palliative care services can help relieve pain

From The Oklahoman website

Palliative care is a very effective service that can help patients relieve the symptoms and stress that often comes with serious illness. But unfortunately, most people don’t know about it, or don’t understand how it can help them. Here’s what you should know.

What is palliative care?

Most people hear the words “palliative care” and think “hospice,” but they are different types of care. Hospice is reserved for when curative treatments have been exhausted and patients have less than six months to live.

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KFOR Multinational Battle Group-East News

Off The 117th Mobile Public Affairs Detachment Facebook Page

“A country is as strong as its military; but it is also as strong as the number of close friends it has”- Nikola Dimitrov, Foreign Minister of the Republic of North Macedonia

U.S. Soldiers, currently serving with Kosovo Force – KFOR , train with North Macedonia’s Soldiers during a joint live-fire training exercise at the Krivolak Training Area in North Macedonia, March 1-26, 2019. The event marks the first joint training exercise with the two partners since the Republic of North Macedonia’s accession signing with NATO on February 6, 2019. The training promotes readiness and interoperability for the alliance as they move forward with their partnership.

Watch the DVIDS video
U.S. Army video by Aven Santiago with support from NATO Channel/Released

ShopVCS.com – For Vets, their families & employees

From the U.S. Department of Veterans Affairs website

ShopVCS.com is an online shopping site exclusively available to Veterans enrolled in VA, their families and VA employees. Thousands of products from hundreds of brands and tickets and travel services.

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Pentagon Not Ready to Reveal Duty Status Reform Proposal

From the National Guard Association of the United States website

Duty status reform has been underway for years, but military leaders are not yet ready to reveal their complete proposal to simplify how members of the reserve components are compensated for their service.

At a hearing before the House Armed Services Committee’s subcommittee on military personnel last week, officials fielded queries on the far-reaching effort currently in the works. Jeri Busch, the director of military compensation policy at the Defense Department, urged the subcommittee to support those efforts.

Meanwhile, Maj. Gen. Michael R. Taheri, the director of staff for the National Guard Bureau, acknowledged that the process has generated concern among governors and their adjutants general.

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Taps: Calvin Yun Kim Chong

Calvin Yun Kim Chong, 88, born in Honolulu, Hawai‘i; due to a brief battle with cancer, he passed away peacefully on Wednesday, March 27, 2019 in his home surrounded by loved ones. Calvin was a loving husband, father, grandfather, great-grandfather, & the last surviving sibling in his family.

His occupation included electrician & retired veteran from the Hawai‘i Air National Guard. He also owned & operated insurance, real estate, & travel agency. He was a UH season ticket holder for 40 years and never missed a game, loved to eat and laugh through conversations with anyone that would listen, but most of all he loved giving his time and service in the Latter-day Saints temple in Laie, Hawai‘i.

Calvin is survived by his wife of 67 years, Margaret Asayo, four children, Valerie (Richard), Bryan, Randy (Traysi), and Lisa (Cecil); fifteen grandchildren; and fourteen great-grandchildren.

Funeral services will be held on Tuesday, April 9, 2019 at the Church of Jesus Christ of Latter-day Saints Tabernacle, 1500 South Beretania St, Honolulu. Visitation: 3:00-5:30 pm; Services: 6:00 pm. Burial will be held at the Diamond Head Memorial Park on Wednesday, April 10, 2019 at 9:00 am.

Retiree News extends heartfelt sympathy to Calvin’s family and friends.

Chief Master Sergeant of the Air Force


The Chief Master Sergeant of the Air Force (CMSAF) is a unique non-commissioned rank in the United States Air Force. The holder of this rank and position of office represents the highest enlisted level of leadership in the Air Force, and as such, provides direction for the enlisted corps and represents their interests, as appropriate, to the American public, and to those in all levels of government.

The one exception to the status of the CMSAF as the highest-ranking enlisted member of the Air Force, which has yet to occur, is when an Air Force chief is serving as the Senior Enlisted Advisor to the Chairman of the Joint Chiefs of Staff. In this instance, the SEAC would outrank the CMSAF.

The CMSAF is appointed by the Air Force Chief of Staff (AF/CC) and serves as the senior enlisted advisor to the Air Force Chief of Staff and the Secretary of the Air Force on all issues regarding the welfare, readiness, morale, and proper utilization and progress of the enlisted force. While the CMSAF is a non-commissioned officer, the billet is protocol equivalent to a lieutenant general. (Wikipedia)

The first Chief Master Sergeant of the Air Force was Paul W. Airey, who served from April 3, 1967 to July 31, 1969. The current and 18th Chief Master Sergeant of the Air Force is Kaleth O. Wright, who began his tenure on February 17, 2017.

GI Bill Transfer Rule Changing

From the National Guard Association of the United States website

New rules will limit the window that a service member has to transfer their GI Bill benefits to their family members.

Troops will have to serve six years before they can transfer their benefits, and they must transfer benefits by the time they reach 16 years of service, according to changes set to go into effect July 12. In addition, they will have to extend their enlistment contract by at least four years to transfer benefits.

The six-year service requirement has always been there. The change comes at the 16-year mark. This gives service members a 10-year window to decide whether to transfer their GI Bill benefits to their spouses or children.

You won’t lose your benefits after 16 years, only the ability to transfer them, officials stress.

Don Sutton, the GI Bill program manager for the Army National Guard, said the program has always been a retention incentive designed to keep people in the service. The change will better reflect its purpose, as some service members have seen the benefit transfer as an entitlement, he said.

Among those affected include those who are already close to their 16-year service cap for benefits transfer. Sutton said there’s no reason to wait for their children to reach college age; once the child is born and registered in the Defense Enrollment Eligibility Reporting System, benefits can be transferred to them.

Once the transfer is completed, service members can still make changes to how the benefits are divided between dependents, or which dependent receives which benefit.

Guardsmen who received the Purple Heart since September 11, 2001 will be unaffected by this change. Sutton said the only rule about transferring their benefits is they still have to be in the service.

Sutton advised that regardless of status, troops are better off transferring their benefits sooner than later, if they decide to do so.

More Older Adults With Joint Replacements Recover At Home, Not Rehab

Older adults and their families often wonder: Where’s the best place to recover after a hip or knee replacement — at home or in a rehabilitation facility?

Increasingly, the answer appears to be home if the procedure is elective, friends and family are available to help and someone doesn’t have serious conditions that could lead to complications.

This trend is likely to accelerate as evidence mounts that recuperating at home is a safe alternative and as hospitals alter medical practices in response to changing Medicare policies.

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National Guard Magazine: March 2019

The March 2019 issue of the National Guard magazine include the following articles:

Sentinels of the Skies Air Guard provides the bulk of the aircraft and monitors for the continuing operation to defend American airspace.

Just in Case A WMD Civil Support Team was minutes away during the State of the Union address.

Mastering Online School Before going back to college via a computer, learn from some in the Guard who already have.

The Original (NGAUS HQ) GUARD ROOTS: Small donations from thousands of troops 60 years ago helped build the first National Guard Memorial.

Chairman’s Message A NEW MINDSET NEEDED: Far too often, we are at the end of the line for equipment recapitalization and modernization.


The National Guard Association of the United States
One Massachusetts Avenue, NW | Washington, DC 20001 | www.ngaus.org
P: 202.789.0031 | F: 202.682.9358 | newsletter@ngaus.org
   

How to Correct a Mistake on Your RMDs from IRAs

From the Kiplinger website

My brokerage firm split my IRA into two separate accounts in 2016, and I just discovered that it calculated my required minimum distribution for only one of the accounts. Because of this mistake, I failed to take out the mandatory $12,000 from the second IRA over the past three years. What can I do now? Can I avoid the 50% penalty if the brokerage firm admits the error in a letter to the IRS?

If you didn’t take out the correct required minimum distribution because your brokerage firm made a mistake, the IRS may show some leniency.

Learn more