Military Life
Service members and veterans face unique challenges related to personal finance. Find articles and information below to help you manage money and navigate your Military Life.
What Is the Military Lending Act? Essential Requirements and Consumer Protections
The Military Lending Act (MLA) is the federal backstop against predatory lenders who try to take advantage of service members and their families. It gives active-duty service members (and many spouses and dependents) extra protection ...
myPay: W-2s Now Available On myPay Site
Delivery of W-2 forms is a little bit easier this year, thanks to myPay. All military and Defense Finance and Accounting Service civilian users who request or already have a myPay personal identification number and ...
Military PCS And Moving Advice: How To Submit A Military Claim
You just signed on the dotted line that all your household goods arrived safely at your new home, and the movers disappeared faster than you can say "abracadabra!" That's when it hits you: You haven't ...
Military Pay 101: How Much Do You Earn?
The myriad military pay entitlements for members of the uniformed services can seem confusing, even overwhelming. Several factors determine the actual pay amount a service member receives – the service member’s rank, military specialty, length ...
Making Extra Money, Military-Style
Everybody complains that their paycheck doesn't go far enough. So what can be done to maximize your income with the least amount of effort? For military folks, there are a surprising number of options. Here ...
Living On-Or Off-Base: Which Is Right For You?
The minute my husband was notified of his first duty station, I began doing my homework. I scoured the Internet, reading apartment reviews and online housing forums, and emailed local buildings with vacancies. As a ...
Lajes Field, Azores: Facilities, Cost Of Living, Housing, Employment
Much of America was introduced to Lajes Field, the Azores, as the site of the March summit meeting where President Bush and the leaders of Great Britain, Spain and Portugal met to prepare for war ...
Keys To A Successful Job Interview
Military spouses applying for jobs are faced with tough questions. But with a little preparation, you can be ready for whatever an interviewer is likely to throw at you. There are two things any job ...
It Takes Unique Skills To Be A Stay-At-Home Military Wife And Mom
I'm a military wife and stay-at-home mom. I spend my days eating chocolate kisses, meeting my girlfriends for extended lunches and playing bunko. I do all this while cleverly and conveniently avoiding work and my ...
How The Military Can Make You A Millionaire
How can you get the military to give you a $1,167,448 bonus? It's simple: All you have to do is retire with an annual pension of $35,000 at age 43 after 20 years of service. ...
Guam: Andersen Air Force Base, Cost Of Living, Schools, Housing, Employment, Recreation
Small Island, Big Military Presence Many soldiers and sailors know the Territory of Guam as the faraway place where their plane or ship stopped on the way to another destination. But the tiny island is ...
Debt and Your Military Security Clearance
Members of the military dealing with credit card debt face an extra level of penalties if that debt becomes delinquent or excessive: They could lose their security clearance, be denied promotions and, in extreme circumstances, face dismissal. ...
Camp Pendleton: Fast Facts, Climate, Cost Of Living, Schools, Housing, Employment, Recreation
Budget Vacation Destination The sun sets into a haze of orange and pink as a few scattered surfers try to catch the last waves of the evening. Joggers and couples holding hands stroll the strand. ...
Adding a Teen to Your Auto Insurance Policy
If you have a teen who is learning to drive, start preparing your budget for a car insurance rate increase: Adding a teen driver to a parent’s policy typically increases the bill by 44 percent – ...
Military’s New Blended Retirement System has Options Worth Exploring
A new military pension plan — called the Blended Retirement System — will take effect on Jan. 1, 2018. It’s the first major change to military retirement since World War II, so predictable questions have ...