A VA loan is one of the best ways for military members and veterans to buy a home. VA loans do not require a down payment or private mortgage insurance, and interest rates are generally lower than with conventional mortgages. VA Loan Guide What Is It? Benefits Types Eligibility Best Lenders Apply What is a … Read more
Filing taxes by the annual deadline can be difficult, or even impossible for some service members and military families. You may already be familiar with the automatic extension for military filers in a combat zone. However, there are other options for extensions that service members and their families may be able to use to file … Read more
The U.S. Postal Service sets deadlines to mail packages to and from overseas locations, including overseas military locations and Army or Air Force Post Office, Fleet Post Office and Military Post Office addresses. The holidays are almost here, so you must act quickly if you have friends or family members living overseas on a military … Read more
Here are the top year-round military discounts to take advantage of this holiday season. View our Complete Guide to Military Discounts here. Academy Sports Veterans Day Deal Academy offers a discount to active military service members, veterans, and first responders. It’s our way of showing thanks and appreciation for all you do to protect our … Read more
There are hundreds of benefits available to military veterans. From health care to education and training, to housing assistance and more. But sometimes it can be difficult to know which veterans benefits are out there, and which you may be eligible for. Part of the problem is the sheer number of benefits programs, and part … Read more
For those of us who have ever sifted through our daily emails and realized that we never subscribed to half of the messages in our inbox, the concept of automatic enrollment is quite familiar. In order to stop receiving advertisements, sales notifications, or updates from stores or websites that we visited one or more times, … Read more
Congress created the Thrift Savings Plan as part of the Federal Employees’ Retirement System Act of 1986. The TSP offers the same tax and retirement savings benefits that individuals receive from their 401(k) plans through private corporations. Members of the uniformed forces, including those in the ready reserve, became eligible to participate in the military … Read more
Marginal tax brackets are a frequently misunderstood topic. It’s not uncommon for someone to say they don’t want a raise because it will put them in a higher tax bracket and force them to pay more taxes on the money they earn. They believe they would be better off not receiving the raise in the … Read more
Tax-advantaged accounts can provide greater long-term benefits than taxable accounts. In the military, the Thrift Savings Plan is a great first step toward saving for retirement. However, as you depart the military, you should learn more about the non-TSP options that are available to you. You can contribute to either a traditional or Roth individual … Read more
One of the financial products gaining a lot of attention lately is the Health Savings Account (HSA). The HSA allows you to set aside money for your medical expenses without a lot of trouble. HSAs are connected to high-deductible health plans (HDHP). HDHPs require you to pay more out-of-pocket until you reach the deductible, but … Read more