Finance
Did You Know Separation Pay Is an Advance of Retired Pay?
Some servicemembers receive an unwelcome financial surprise at retirement. Get the facts.
Ostrom is MOAA's former Program Director, Financial & Benefits Education/Counseling
Lt. Col. Shane Ostrom, USAF (Ret), CFP® retired from the Air Force in 2000 after serving in a variety of personnel, education and training, and executive officer assignments. His assignments included tours from Florida to North Dakota, and from Korea and Australia to the Pentagon. His final assignment was on the Joint Staff, writing and championing legislation related to joint officer personnel management issues.
After Air Force retirement, Ostrom practiced as an investment advisor at a large investment firm and a bank. He specialized in working with clients developing, implementing, and managing investment plans and portfolios. He holds the Certified Financial Planner™(CFP®)certificate.
Ostrom joined the MOAA staff in 2006. His responsibilities include researching and writing articles, answering member inquiries regarding military benefits, health care, survivor issues, and financial concerns. He also travels extensively to discuss these matters with present and past servicemembers, retirees, and their families.
Some servicemembers receive an unwelcome financial surprise at retirement. Get the facts.
Unsure how to maximize your benefit, or what you're entitled to receive? Let MOAA walk you through the process.
Aid and Attendance (A&A) and Housebound programs are available only to those with VA pensions who meet other requirements.
Veterans can get help managing their VA compensation, and avoid scams and other financial pitfalls.
Weigh these factors as you consider how to provide for your loved ones after you’re gone.
Don't let 'user-friendly' financial platforms lead you into bad decisions.