Service members and veterans have financial benefits and resources that their civilian friends don’t. Make sure to take advantage of these benefits. These include everything from exclusive life insurance options, to retirement benefits, to VA home loans. You have an amazing opportunity to save money, plan for retirement, and buy a home at good rates without a down payment.
Delayed Entry Program Advancement and Enlistment Bonuses Earn a promotion before you even ship to boot camp. Recruits who spend time in the Delayed Entry Program/Future Soldiers Program can earn the rank of E-3 by completing a few tasks while hanging around the recruiting station. The easiest way to get your first promotion to E-2… Read more »
Update 4/8/2024: The DoD awarded a PCS contract to HomeSafe Alliance, which began managing PCS moves for stateside military members in 2024. What follows is preserved here for archival purposes. Big Changes Ahead for Next Year’s PCS Moves LATEST UPDATE: USTRANSCOM Revokes Contract On April 30, 2020, the US Transportation Command (TRANSCOM) announced the award… Read more »
ATTENTION: SSI and VA beneficiaries You may be eligible to receive an additional $500 per dependent. If you are a Supplemental Security Income (SSI) or Veteran Affairs (VA) beneficiary with dependent children and you have NOT filed your taxes for 2018 or 2019, then you may need to read this. If those conditions apply to… Read more »
Deploying? 3 Tips to Get Your Financial House In Order An overseas deployment rotation is a reality that most service member experience in their careers. However, over the last two decades, there has been an increased requirement of the United States military in areas around the world. In the past, most of this burden would… Read more »
Covid-19 Stimulus Check Investment Opportunities The American Rescue Plan of 2021 was signed into law by President Biden on March 11th. a key element of the plan includes $1,400 direct payments to individuals. However, direct payment will start to phase out for high-income taxpayers, including some who received stimulus checks in previous stimulus rounds. If… Read more »
The VA has a new program to help veterans receive better access to banking. These banking institutions will specialize in services for military personnel, veterans, and their families.
Organizations Supporting Military, Veterans and Their Families During The COVID-19 Pandemic During this time, many military families might be struggling either emotionally or financially. A spouse might have lost their job, they might need to spend more money on childcare, and regular resources could be limited. The good news is that there are different programs… Read more »
There is a possible change coming for members of the National Guard and the Reserves. Elected officials want to ensure that even part-time service members are receiving full credit for the work that they do. In February, a group of both Republican and Democratic senators introduced a measure that would do just that. Called, the… Read more »