admin Qualifying for a military retirement pension takes a lot of time and hard work. Servicemembers need to accrue at least 20 qualifying years of service, and members of the Reserve Component aren’t eligible to start receiving benefits until age 60. Considering those factors, military retirement pay is obviously not a benefit to take for granted. … Read more
Table of Contents Military Pension Blended Retirement System High-36 REDUX/CSB Cost of Living Adjustments (COLA) Income Tax Exemptions Thrift Savings Plan Tricare Healthcare Tricare Prime Tricare Select Tricare Retired Reserve Tricare For Life Other Tricare Plans VA Loan Eligibility Moving, Storage, and Travel G.I. Bill & Higher Education Grants Federal Job Preference Survivor Benefits Keep … Read more
As Independence Day approaches, many businesses are showing their appreciation for service members and their families by offering a range of special discounts and promotions. These exclusive deals are a small way to say “thank you” for your service and dedication. We’ve curated a list of some of the best offers available this July 4th. … Read more
Founded in 2017 by a team of educators, care experts, and technology innovators with years of experience in early childhood care, Upwards is an attractive choice for some military families who may qualify for no-cost childcare and other service member families who will benefit from the company’s state-of-the-art and compassionate approach to childcare. Here’s what … Read more
Military medical retirement, also known as Chapter 61 retirement, military disability retirement, or DoD disability retirement, is one of several military retirement options available for service members. The military medical retirement plan is offered to eligible service members with a disability that prevents them from performing their military duties. This guide will help break down … Read more
If you have a USAA bank account, you can get your military pay up to two days earlier. It’s known that military pay dates are the 1st and 15th of each month, except on weekends or holidays. But wouldn’t it be a little nicer if you could get your money sooner? The USAA’s military pay … Read more
The Army Combat Fitness Test (ACFT) is a comprehensive physical fitness assessment designed to assess muscular strength, speed and endurance, power, agility, and other critical skills service members need to serve in the Army successfully. The ACFT replaced the Army Physical Fitness Test (APFT) in October 2020 and has undergone several updates. It is no … Read more
Since its establishment in 1933, Navy Federal Credit Union has served over 13 million members. It aims to be the most preferred and trusted financial institution for the military community and their families. The Navy Federal Credit Union nRewards® Secured Credit Card continues in that tradition and is an excellent option for service members trying … Read more
If you want to use a VA loan to get a home, you’re getting a lifeline from the VA. It announced it’s lifting its long-standing ban on homebuyers paying their agent’s commission fees. This change comes at a time when you and other veterans or servicemembers may feel like getting home may be impossible. You’re … Read more
Why picking the wrong retirement date could cost you a lot of money Part of the National Defense Authorization Act for Fiscal Year 2014 legalized the failure to apply specific mechanisms to prevent pay inversions in the pensions of uniformed services retirees. These pay inversions can cost retirees tens of thousands of dollars in retirement … Read more