Life Insurance For Military Spouses
Is there life insurance for military spouses? In short, yes, starting with the options offered through FSGLI. However, private options exist, too. Learn more.
Finance
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.
Military Pay Grades: 2024 & Proposed 2025 Military Pay Charts
Find the 2024 military pay charts, along with the proposed 2025 military pay charts that include the White House’s proposed 4.5% pay raise increase for military members.
What You Should Know About the VA Loan Funding Fee
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.
SGLI Disability Extension
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 »
Veteran Tax Benefits
When tax season arrives, it pays to find as many legal tax breaks as possible, and there are plenty of those for those who served. But not all veteran tax benefits are well known. Some are offered at the federal level, but many are also provided by the states. If you have retired or separated… Read more »
VA Loan Funding Fee Exemptions For Disabled Veterans
The Department of Veterans Affairs has issued new guidance on VA loan funding fees and their exemption for disabled veterans. Some who filed pre-discharge claims with the VA found themselves in a gray area where VA loan funding fees are concerned…
VA Home Loan Policy For Loans Between Two Veterans
VA loan approval processes will move faster for those applying for home loans with other veterans, thanks to changes in VA home loan policies that also improve processing times for certain disabled veterans.
Marijuana Income vs. VA Home Loan Approval
In an era where many states have legalized the manufacture and sale of both recreational and medical marijuana, some veterans may find themselves considering job opportunities at cannabis dispensaries or cultivation centers.
Largest Retiree & Veteran COLA Increase In Decades Approved
The largest COLA increase in decades is coming in 2023. The Social Security Administration adjusts retirement and disability payments annually due to inflation. Learn more.
How Do I Apply for Armed Forces Tax Benefits?
Armed Forces Tax BenefitsArmed forces tax benefits can save you money, but how do you apply? Learn what forms you need to file and where to send them. Read more at MyMilitaryBenefits.