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.
Is it possible to use GI Bill income for a mortgage? The Post-9/11 GI Bill features a payment the Montgomery GI Bill does not; the monthly housing stipend paid to students using the GI Bill who are not on active duty. This housing stipend equals the Basic Allowance for Housing paid to an E5 with… Read more »
The VA offers several types of life insurance for active duty service members, National Guard, Reserve, their families, and veterans. Learn more.
Is SGLI enough for military families? This program is for the servicemember only; spouses and dependents are insured under the program FGLI.
There are 5 basic types of life insurance. Which one is right for you depends greatly on your financial needs, future plans, and goals. Learn more.
Servicemembers Group Life Insurance or SGLI is a low-cost military life insurance benefit offered to those on active duty, with options for qualifying Guard and Reserve members and other qualifying groups.
Is there life insurance for military spouses? In short, yes, starting with the options offered through FSGLI. However, private options exist, too. Learn more.
Military pay may increase based on inflation and time in grade and service. Find 2025 military pay charts for enlisted, officers, and warrant officers. Learn more.
The VA loan funding fee is “a one-time payment that the Veteran, service member, or survivor pays on a VA-backed or VA direct home loan,” according to the VA official site.
Servicemembers’ Group Life Insurance (SGLI) is a low-cost life insurance program for military members. The federal government purchases group life insurance from a civilian company with coverage offered in $50 thousand increments with a maximum benefit of $400 thousand. SGLI has multiple programs, including SGLI Traumatic Injury Protection, Veterans Group Life Insurance, and something known… Read more »
Tax season is an important time for military members, veterans, and their families. Federal tax laws are subject to change year to year and state laws can be just as chellenging when it comes to what’s taxable income from military pay and benefits. And your status as an active duty member, or as part of… Read more »