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.
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 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.
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.
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.
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.
The VA has replaced their life insurance program. Find out what this means for you and how to make the most of your benefits.
Service members in high-cost housing markets are getting financial relief thanks to the orders in a September 22, 2022, Memorandum from Secretary of Defense Lloyd Austin. There are multiple directives in that Memorandum, including a review of the 2023 Basic Allowance For Housing (BAH) calculations to keep BAH current with “unusually dynamic fluctuations in the… Read more »
In 2019, the Coast Guard went without pay due to a federal budget standoff. Why was Coast Guard pay witheld for such a long time? Learn more.
If you are in the National Guard or the Reserve, you earn points toward retirement while serving part-time and when called to active service. You qualify for military retirement as a member of a Reserve Component once you have reached 20 creditable years of military service. Learn more.
SGLI is an important life insurance option for service members, but who is eligible? Find out more about this benefit and how to enroll. Read more.