Finance Friday Articles
- 7 Reasons You Shouldn’t Hire a Financial Advisor
- 15 Reasons You Will Regret an RV in Retirement
- About Those Bonds
- Check on Yourself
- Earning a Roth (for your kids who have jobs)
- How Underpaid Are Military Doctors?
- Retirement is Coming
- Run, Don’t Walk, for I Bonds
- Should Medical Students Buy Disability Insurance?
- Should You Die With Zero?
- VFIAX vs. VTSAX: Which Vanguard Mutual Fund Is Right For You?
- WHAT DO YOU SPEND MONEY ON? LESSONS FROM OUR CLIENTS ABOUT SPENDING THAT BRINGS TRUE JOY.
- Why You Shouldn’t Abandon Bonds:
AMSUS Breakout Presentations – New Selection Process
AMSUS has changed the process for selecting breakout presentations for its upcoming 2023 AMSUS Annual Meeting, 13-16 February 2023.
This year submissions for the breakout sessions will take place internally at BUMED with a priority for topics determined by the Surgeon General.
Preferred topics: Unclassified briefs on operational medicine topics that relates to Navy Medicine’s operational design – which may include:
· Initiatives/projects that support new and evolving operational medicine capabilities
· Topics that directly speak to Navy Medicine’s man/train/equip mission
· Topics that support our warfighting concepts of Distributed Maritime Operations (DMO), Littoral Operations in a Contested Environment (LOCE), and Expeditionary Advanced Base Operations (EABO)
· Topics that support Joint and/or allied partnerships looking to leverage capabilities, training and infrastructure for a common continuum across the distributed maritime domain
· The Maritime Headquarters/Maritime Operations Center construct
· Other topics may also be considered.
Selectees and non-selectees will be informed of the board’s decision. Selected speakers will be provided the process to forward their paperwork to AMSUS. 03 October 2022 will be the hard deadline submission date for selected breakout presentations to AMSUS.
Action: Forward the title of the presentation along with a detailed description of the proposed presentation along with the speaker’s name(s). Submissions must be received no later than close of business 08 September 2022
Deliverable: Submissions must be received no later than close of business 08 September 2022 to POC, CAPT Marc D. Herwitz, Director, Maritime Headquarters via email (contact in the global).
POC: CAPT Marc D. Herwitz, Director, Maritime Headquarters who can be reached (contact in the global).
2022 Call for Allied Health Leadership Excellence Nominations
Each year, the Assistant Secretary of Defense for Health Affairs acknowledges and honors military allied health professionals who have demonstrated exemplary leadership and skill resulting in noteworthy clinical or administrative accomplishments. The 2022 Call for Allied Health Leadership Excellence Nominations document provides information on guidelines and what must be included in the completed nomination package.
Eligibility:
- See attached “MHS Allied Health Leadership Excellence Announcement 2022” for additional details.
Categories:
- Junior and Senior Provider Allied Health Leadership Nominations
- Junior and Senior Non-Provider Allied Health Leadership Nominations
Submission Information and POC:
- Email nominations to CDR Jennifer Wallinger (contact in the global). Package documents must be submitted in one consolidated PDF format with the following naming: Lastname.Firstname.nom_Award Category
- For Correspondence related to this award, please annotate in the subject line: MHS Allied Health Leadership Excellence Award
- POC: CDR Jennifer Wallinger (contact in the global)
Due date:
- NLT 30 Aug 2022
MHS 2022 Federal Mil/Civ Nursing Leadership Excellence Award
This award honors Federal Civilian and Military Registered Nurses employed within the Department of Defense, Defense Health Agency (DHA), Army, Navy, and Air Force who have demonstrated exemplary leadership and exceptional compassion and commitment to patients, colleagues, and the profession of nursing, resulting in noteworthy clinical or administrative accomplishments and contributing to the improved image and practice of nursing within the Military Health System (MHS).
Eligibility: See attachments for details on award criteria and submissions:
1. MHS Federal Civilian Nursing Leadership Excellence Award
2. MHS Federal Military Nursing Leadership Excellence Award
Action:
1. Package documents must be submitted in one consolidated PDF format with the following naming convention: Lastname_Firstname_Award Category_MHS 2022
2. For Correspondence related to this award, please annotate in the subject line: MHS Nursing Leadership Excellence Award
3. Contact service POC for any questions
Email Navy nominations and questions to CAPT Julie Darling (contact in the global)
For other services, nominations will be submitted to the service POC.
Skillbridge Employment Skills Training Guidance
CLASSIFICATION: UNCLASSIFIED//
ROUTINE
R 221618Z JUL 22 MID200080049455U
FM CNO WASHINGTON DC
TO NAVADMIN
INFO CNO WASHINGTON DC
BT
UNCLAS
NAVADMIN 160/22
PASS TO OFFICE CODES:
FM CNO WASHINGTON DC//N1//
INFO CNO WASHINGTON DC//N1//
MSGID/GENADMIN/CNO WASHINGTON DC/N1/JUL//
SUBJ/SKILLBRIDGE EMPLOYMENT SKILLS TRAINING GUIDANCE//
REF/A/MSG/CNO WASHINGTON DC/171359ZSEP15//
REF/B/DOC/DOD/24JAN14//
REF/C/DOC/ASN/26JUL13///
REF/D/DOC/USD/21NOV12///
REF/E/DOC/USC/1JAN22//
REF/F/DOC/DOD/JUN2019//
NARR/REF A IS NAVADMIN 222/15, SKILLBRIDGE EMPLOYMENT SKILLS TRAINING
PROGRAM.
REF B IS DOD INSTRUCTION 1322.29, JOB TRAINING, EMPLOYMENT SKILLS TRAINING,
APPRENTICESHIPS, AND INTERNSHIPS FOR ELIGIBLE SERVICE MEMBERS.
REF C IS ASSISTANT SECRETARY OF THE NAVY MEMORANDUM, IMPLEMENTATION
INSTRUCTIONS FOR SECTION 1143(E) OF TITLE 10, UNITED STATES CODE.
REF D IS UNDER SECRETARY OF DEFENSE MEMORANDUM, DIRECTIVE-TYPE MEMORANDUM,
IMPLEMENTING MANDATORY TRANSITION ASSISTANCE PROGRAM PARTICIPATION FOR
ELIGIBLE SERVICE MEMBERS.
REF E IS 10 U.S. CODE SECTION 1143.
REF F IS THE DOD FINANCIAL MANAGEMENT REGULATION VOLUME 7A.//
RMKS/1. This NAVADMIN cancels and replaces reference (a), by clarifying
program requirements, updating Sailor eligibility, instituting a centralized
registration process, clarifying command approval procedures, and updating
the SkillBridge point of contact.
References (b) through (e) provide authority for the Navy to implement
employment skills training and transition assistance programs.
2. The SkillBridge program is designed to help eligible members departing
the Naval service. Reference (b) defines an eligible member as any member of
the Armed Forces who has completed at least
180 days on Active Duty (AD) in the Armed Forces and is expected to be
discharged or released from AD within 180 days of the date of commencement of
participation in the SkillBridge program. Sailors may not extend their
enlistment to complete a SkillBridge program.
3. To balance Sailor benefits and mission readiness, SkillBridge
participation should not normally begin any earlier than 120 days prior to
actual separation/retirement date. In no case shall SkillBridge
participation begin any earlier than 180 days prior to actual
separation/retirement date. Sailors may not use leave or any other
authorized absence to begin a SkillBridge program greater than
180 days from separation. Any approved separation, terminal leave, and
permissive temporary duty (TDY) shall occur following SkillBridge
participation. Sailors will remain the responsibility of the parent command
for administrative purposes. As such, SkillBridge participants must make
weekly contact with their command point of contact for personnel
accountability. Failure to maintain weekly contact may result in program
termination and return to the permanent duty station (PDS) at the members
expense.
4. Sailors must meet the following eligibility requirements:
a. Be separating from the Navy and have sufficient time remaining under
their contract to complete the program prior to established separation date.
b. Have successfully passed their most recent physical fitness
assessment.
c. Be recommended for advancement or promotion and retention on most
recent evaluation or fitness report.
d. Have completed their Transition Assistance Program requirements.
e. Have attended an ethics brief or completed a DoD (Department of
Defense) approved ethics training presentation within the 12 months prior to
the start of the SkillBridge program.
f. Have not previously completed, be currently participating in, or had
participation terminated from an employment skills training program.
5. SkillBridge is not an entitlement. Commanding officers (COs) and
officers in charge with non-judicial punishment authority maintain final
approval authority. COs have full authority to disapprove or modify
participation based on mission requirements.
COs should carefully consider command readiness when granting permission to
participate in the program in light of the fact that personnel backfills are
not normally available until the actual separation/retirement date of the
participant.
a. COs shall evaluate each request to participate in SkillBridge on the
merits as they impact the individual Sailor and mission readiness. Commands
shall not implement any additional restrictions on participation based on
such criteria as rank/grade, education, skills, length of service, etc.
b. Commands should establish a formal process to assess the impact of
SkillBridge participation on mission readiness.
c. SkillBridge participation need not align with the Sailors military
skill set.
d. Command policies or instructions should address application
timelines, procedures and personnel accountability for participants, to
include periodic contact with the command.
e. Commands will place all SkillBridge participants on permissive TDY
travel orders for the duration of their program until commencement of
separation, terminal leave, and permissive TDY, if authorized. This applies
to programs both outside and within the area of the Sailors PDS.
f. SkillBridge is considered official duty, authorized to be completed
during normal work days and hours. Commands will place Sailors in a duty-
free status while participating in SkillBridge.
6. Sailors may only participate in a SkillBridge program with industry
partners or employers that have an approved memorandum of understanding (MOU)
with the DoD. A list of approved programs can be found on the SkillBridge
web portal, located at https://skillbridge.osd.mil/organizations.htm.
Organizations listed on the website are in good standing with DoD. COs will
only approve participation through the end of the approved MOU in cases where
a partners MOU will expire during a Sailors requested SkillBridge period.
COs may extend a Sailors participation if the MOU is renewed prior to
expiration.
a. COs may not enter into an MOU to approve an employer or industry
partner as a SkillBridge provider.
b. Installation COs may enter into MOUs with DoD approved providers for
the purpose of operating a SkillBridge program on base.
c. A participation MOU or other similar agreement required by a
SkillBridge provider to outline roles and responsibilities of each party
(provider, Sailor, command) is authorized.
7. Sailors receiving special and incentive (S and I) pays who participate in
SkillBridge will be treated as if they are on separation leave or long term
TDY with respect to continued eligibility for S and I pays. If the policy
for a particular S and I pay requires payments to stop when the member is on
long term TDY or separation leave, commands must take action to stop the
applicable S and I pay. For those S and I pays not required by policy to
stop for long term TDY or separation leave, COs will carefully consider the
impact to mission readiness due to the loss of the critical skill in question
before approving SkillBridge. In line with reference (f), S and I pays are
directly tied to incentivizing retention of critical skills for Navy
missions, therefor COs are empowered to disapprove SkillBridge requests if
they feel that allowing a Sailor to receive S and I pay during SkillBridge
participation would inappropriately impact readiness.
8. Registration Procedures:
a. To ensure accurate record keeping, effective immediately, any Sailor
intending to participate in SkillBridge shall register with the OPNAV
SkillBridge Registrar up to 365 days before expected date of separation.
This shall be completed via encrypted email from the Sailor to the address in
paragraph 11, with their command career counselor carbon copied. Email must
include the Sailors name, rate/designator, paygrade, name of the SkillBridge
provider, as well as type of program (e.g. internship, skills training, or
apprenticeship), location and desired dates of the program.
b. The OPNAV SkillBridge Registrar will record the Sailors intent to
participate and respond to the Sailor and the command career counselor via
email. This acknowledgement shall then be routed to the CO with the Sailors
request to participate.
c. COs may only approve SkillBridge requests from Sailors possessing
acknowledgement of registration from the OPNAV SkillBridge Registrar.
9. Upon CO approval of a registered SkillBridge participant, the command
will enter the Sailor into Fleet Training, Management and Planning System to
record SkillBridge participation as early as possible. Course identification
numbers for SkillBridge are S-3A-060 for programs between 1 and 60 days, S-
3A-0120 for courses between 61 and 120 days and S-3A-0180 for courses between
121 and 180 days. Commands must enter the date the Sailors SkillBridge
program begins in the completion date field. The command should notify the
OPNAV SkillBridge Registrar of any registered Sailor who was disapproved so
that they can be removed from the database.
10. Use of travel funds to participate in SkillBridge is not authorized.
Shipment of household goods is only permitted upon receipt of separation
orders.
11. Direct all questions regarding SkillBridge policy to
navy_skillbridge.fct(at)navy.mil or by phone at (703)604-5310.
12. This message will remain in effect until superseded or canceled,
whichever occurs first.
13. Released by Vice Admiral Richard J. Cheeseman Jr., N1.//
BT
#0001
NNNN
CLASSIFICATION: UNCLASSIFIED//
FY23 Enlisted to Medical Degree Prep Program
ROUTINE R 192016Z JUL 22 MID200080025781U FM CNO WASHINGTON DC TO NAVADMIN INFO CNO WASHINGTON DC BT UNCLAS NAVADMIN 155/22 PASS TO OFFICE CODES: FM CNO WASHINGTON DC//N1// INFO CNO WASHINGTON DC//N1// MSGID/NAVADMIN/CNO WASHINGTON DC/N1/JUL// SUBJ/FISCAL YEAR 2023 ENLISTED TO MEDICAL DEGREE PREPARATORY PROGRAM ANNOUNCEMENT// REF/A/DOC/BUMED/7MAY15// REF/B/MSG/CNO WASHINGTON DC/171350ZJUL17// NARR/REF A IS BUMEDINST 1500.31, UNIFORMED SERVICES UNIVERSITY OF THE HEALTH SCIENCES ENLISTED TO MEDICAL DEGREE PREPARATORY PROGRAM. REF B IS NAVADMIN 177/17, NUCLEAR TRAINED SAILOR APPLICATIONS TO OFFICER COMMISSIONING PROGRAMS AND MODIFICATION TO FY-19 NUCLEAR LIMITED DUTY OFFICER IN-SERVICE PROCUREMENT BOARD PROCESS.// RMKS/1. This NAVADMIN solicits applications and provides guidance for the Fiscal Year (FY) 2023 Enlisted to Medical Degree Preparatory Program (EMDP2). 2. The EMDP2 is a two-year undergraduate education program open to Sailors of all ratings who meet eligibility requirements in line with reference (a) and the EMDP2 website at https://medschool.usuhs.edu/academics/emdp2. The EMDP2 is a partnership between the Uniformed Services University of the Health Sciences (USUHS) and the military services to provide an opportunity for highly motivated, academically promising enlisted Service Members. The EMDP2 consists of intensive coursework, preparation, and mentoring to prepare students for application to medical school. Upon successful completion of the program, students will be competitive for acceptance to medical schools in the United States. 3. Selectees are assigned to USUHS in Bethesda, MD, for two years. Individuals selected for the EMDP2 program will remain on active duty while completing coursework and will receive pay, allowances, benefits and privileges of their current paygrade. Selectees will receive permanent change of station orders to USUHS for the entire length of the course. USUHS will pay all school expenses (books, tuition, labs, etc.) for the entire length of the course. 4. Deadline for submission of applications for FY-23 enrollment is 2359 Eastern Time on 30 September 2022. Application packages must be received on or before the deadline. No additional documents or packages will be accepted after this date. Application requirements are specified on the EMDP2 website in paragraph 2. 5. Strict adherence to package submission requirements will be a primary factor for selection. Applicants must review their package in its entirety before submission. A minimum score of *Good* on the latest physical fitness assessment and qualifying Scholastic Assessment Test/American College Test scores are required. 6. Applicants assigned to a nuclear training command or who hold a nuclear Navy enlisted classification (N13O, N13S, N14O, N14S, N15O, N15S, N16O, N16S, N23O, N23S, N24O, N24S, N25O, N25S, N26O, N26S, N59X, N89X) must obtain a conditional release from their nuclear field duty before submitting an EMDP2 application for consideration for the FY-23 board, in line with reference (b). To obtain a conditional release, applicants must submit an enlisted personnel action request (NAVPERS 1306/7) to the Nuclear Propulsion Program Manager (OPNAV N133) via the detailer at Enlisted Nuclear Power/Submarine assignments (PERS-403). The FY-23 board will only consider nuclear enlisted candidates who have a conditional release included in their EMDP2 application. 7. Completed electronic applications and supporting documents should be submitted via Department of Defense Safe at https://safe.apps.mil/ to the following e-mail address EMDP2- application(at)usuhs.edu. If documents are encrypted, e-mail the passphrase to EMDP2-application(at)usuhs.edu. Use the following naming convention for e-mails and document file names: LAST NAME (all caps), matriculation year, and last four digits of social security number, plus any other identifier you choose. Applicants can verify receipt of documents by phone at (301) 319-0590 or e-mail EMDP2-application(at)usuhs.edu. 8. General questions on the EMDP2 should be sent to EMDP2(at)usuhs.edu. Point of contact for Navy service-specific inquiries is HMCS Jessica L. Aragon, Office of the Hospital Corps, Bureau of Medicine and Surgery, at (703) 681-8941 or e-mail at Jessica.L.Aragon2.mil(at)mail.mil. 9. Released by Rear Admiral J. P. Waters, Acting N1B.// BT #0001 NNNN UNCLASSIFIED//
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- Getting to Happy
- My Emergency Fund in Action
- Retirement Riddles
- The Fatal Flaw in Your Retirement Plan’s Target Date Funds
- The Thrift Savings Plan (TSP) Gets a New Look—and I Don’t Love It
- TIPS Can Help With Inflation, but Are You Courting Other Risk?
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- Why your clients shouldn’t abandon bonds
Navy Attache Program
ROUTINE
R 051831Z JUL 22 MID600052042413U
FM CNO WASHINGTON DC
TO NAVADMIN
INFO CNO WASHINGTON DC
BT
UNCLAS
NAVADMIN 146/22
PASS TO OFFICE CODES:
FM CNO WASHINGTON DC//N2N6//
INFO CNO WASHINGTON DC//N2N6//
MSGID/NAVADMIN/CNO WASHINGTON DC/N2N6/JUN//
SUBJ/NAVY ATTACHE PROGRAM//
REF/A/DOC/SECNAVINST 1300.16/20MAY19//
REF/B/DOC/OPNAVINST 1301.11/19AUG14//
REF/C/DOC/MILPERSMAN 1301-207/3FEB15//
REF/D/DOC/MILPERSMAN 1306-914/6JUN17//
NARR/REF A IS SECRETARY OF THE NAVY INSTRUCTION PRESCRIBING POLICY AND
PUBLISHING GUIDANCE GOVERNING DEPARTMENT OF THE NAVY SUPPORT TO THE DEFENSE
ATTACHE SERVICE.
REF B IS CHIEF OF NAVAL OPERATIONS IMPLEMENTATION PLAN FOR REF A.
REF C IS MILPERSMAN ARTICLE PROVIDING INFORMATION ON ATTACHE CANDIDATE
APPLICATION AND SELECTION CRITERIA.
REF D IS MILPERSMAN ARTICLE PROVIDING INFORMATION ON ENLISTED CANDIDATE
APPLICATION AND SELECTION CRITERIA.//
POC/EPLEY/CIV/NIA-N3/TEL: (301)669-2663
/EMAIL: TODD.N.EPLEY.CIV(AT)US.NAVY.MIL//
RMKS/1. This naval message provides information and updates on the Navys
participation in the Defense Attache Service (DAS) for Navy personnel.
2. The Navy looks to its most qualified and capable officers and enlisted
personnel to fill demanding and rewarding positions as Senior Defense
Officials/Defense Attaches, Naval Attaches, Assistant Naval Attaches,
Operations Coordinators and Operations Assistants in exotic and unique
locations. They will serve as a part of the U.S. Defense Attache Office
team, based at U.S. Embassies in 78 countries. All candidates are trained at
the Defense Intelligence Agency’s (DIA) 13-week Joint Military Attache
School, and depending on their assigned country, extensive language training
may be provided prior to arriving on station. Naval Attaches are the voice
of the Secretary of the Navy (SECNAV) and Chief of Naval Operations,
articulating policies as well as Navy strategy to a host nation. Naval
Attaches observe and report information to reduce strategic surprise, and
call attention to issues that will affect U.S. interests in time for decision
makers to act. Naval Attaches have provided observations that have been
briefed at the highest levels of government. Our Naval Attaches build
strong, lasting relationships with partners who share a common vision of
maritime security. As part of the U.S. Embassy country team and in support
of the Ambassadors objectives, Naval Attaches play a critical role in
enhancing relationships in host nations which are not traditional or long-
time partners.
3. SECNAV considers the Navy’s contribution to the DAS as one of his most
critical responsibilities, as expanded upon in references (a) and (b). For
Naval Attaches, SECNAV is the final approval authority for officers nominated
to serve in the DAS under DIA. The Director of Naval Intelligence manages
the day-to-day operation of the Navy Attache Program as detailed in reference
(c).
4. For those who meet the selection criteria of reference (d), service in
the DAS offers unique opportunities for the best and most highly qualified
Navy personnel. Through a robust, competitive selection and training
process, service members and their families will ultimately be posted at U.S.
Embassies around the world in one of more than 150 DAS positions.
a. Over the next year, Navy Attache Affairs will screen for attache
positions in: Albania, Australia, Azerbaijan, Brazil, Bulgaria, Burma,
Cameroon, Chile, China, Djibouti, Ecuador, Egypt, Fiji, France, Germany,
Greece, Honduras, Hong Kong, India, Indonesia, Italy, Japan, Kenya,
Madagascar, Malaysia, Malta, Mexico, Nigeria, Pakistan, Panama, Philippines,
Poland, Saudi Arabia, Singapore, South Africa, Spain, Tunisia, United Arab
Emirates, Ukraine, and United Kingdom.
b. In addition, exceptional Limited Duty Officer/Chief Warrant Officer
and enlisted personnel will be able to screen as Operations Coordinators
(OPSCO) and Operations Assistants (OPSAsst) positions in: Australia, China,
Djibouti, Egypt, Iraq, Malaysia, Russia, Saudi Arabia, Senegal, United
Kingdom, Uruguay, and Vietnam.
5. To demonstrate the importance SECNAV places on duty at DAOs, as discussed
in reference (a), procedures are in place at Navy Personnel Command (NPC) to
expand the eligibility for DAS assignments. Active promotion and advertising
of the program has been implemented and NPC is working to further incentivize
and reward DAS service through statutory promotion board
precepts. Additionally, these tours frequently offer language training,
Foreign Language Proficiency Pay, and Special Duty Assignment Pay for
enlisted personnel.
6. For additional information about these exceptional opportunities visit
the following Navy Personnel Command webpages:
a. Attache and OPSCO positions: https://www.mynavyhr.navy.mil/Career-
Management/Detailing/Officer/Attache/
b. OPSAsst positions: https://www.mynavyhr.navy.mil/Career-
Management/Detailing/Enlisted/Shore-Special/Embassy-Duty/
7. This message will remain in effect until superseded or canceled,
whichever occurs first.
8. Released by VADM Jeffrey E. Trussler, Deputy Chief of Naval Operations
for Information Warfare, OPNAV N2N6.//
BT
#0001
NNNN
UNCLASSIFIED//
Joel Schofer's Career Planning Blog 