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Young student soldier In uniform with books.

Military Student Loan Forgiveness

It seems like a failure of policy and priorities to not forgive the student loan debt of our nation’s veterans and service members. Until that happens, service members must rely on one of a few ...
Close-up of a family holding hands besides red heart shape

Family Servicemembers’ Group Life Insurance (FSGLI)

If you’re currently serving in the military, chances are you already have low-cost life insurance for yourself. When you went on active duty, the government automatically enrolled you in its Servicemembers’ Group Life Insurance (SGLI) ...
Loan with cosigner is shown on a photo using the text.

Can You Have a Cosigner on a VA Loan?

The U.S. Department of Veterans Affairs (VA) and its lenders issued more than 400,000 home loans totaling over $144 billion in Fiscal Year 2023, so they’re obviously popular and for good reasons. You don’t need ...
Before and after of man painting roller to reveal newly remodeled room.

HISA Grants for Veterans

It’s widely known that the VA housing program offers a direct and accessible path to homeownership that’s been used by hundreds of thousands of qualified service members and veterans over many decades. Should you need ...
Red toy umbrella and wooden doll figures isolated on a blue background as an insurance coverage concept.

Best Life Insurance Options for Veterans

Life insurance is one of those subjects, like funeral planning and pest control, that turns heroes into cowards: Almost everyone needs it, but nobody wants to talk about it. Active-duty military personnel can avoid the ...
Mid section of national guard soldier holding model house in hand.

VA Loan Eligibility for National Guard and Reserve Members

Among the long list of benefits available to military personnel, there may be none better than the VA home loan program. The program has helped deliver more than 28 million loans since 1944, and eligibility ...
A row of mobile park homes with an american flag.

VA Loans for Mobile Homes

The United States is experiencing one of the hottest housing markets in its history, and the robust demand coupled with very low inventory in many markets is driving home prices into record territory. The state ...
Paper with VA loan on the table, calculator and glasses.

Can You Get a VA Loan with Bad Credit?

You’re dreaming of buying a home using a VA loan, but you’re concerned that your credit history will stand in the way. It’s reality that having good credit means you’ll get the best rate on ...
Soldier holding house keys.

VA Loan Requirements for Sellers

A home loan backed by the VA is an invaluable benefit for military personnel and veterans who dream of homeownership, but some home sellers may have reservations about dealing with the VA loan process and ...
House model in hand of happy military man in uniform near american flag on blurred background.

VA Loan Assumption

A benefit of being a veteran is that when you buy a home, you’re eligible for VA home loans, which require no down payments or costly private mortgage insurance, typically have lower interest rates and ...
USA flag and money. Cash for VA loan from U.S. Department of Veterans Affairs.

How Long After Bankruptcy Can You Get a VA Loan?

All too often, an otherwise rosy financial picture can be clouded by unexpected (and common) events: job loss, a reduction in pay, medical expenses, divorce, lawsuits, or maybe even plain old mismanagement of your finances. ...
Condo building

Can You Buy a Condo With a VA Loan?

Most of us associate a VA loan with buying a first house, a home that provides more space for a family indoors and a place to use a barbecue grill outdoors. But for some, a ...
Military member holding model of a house.

Earnest Money for VA Loans – Is It a Good Idea?

If your dream is to buy a home, you want to do everything possible to make sure it becomes yours. An earnest money deposit when you make an offer on a home tells the seller ...
Military member getting keys to the house after receiving funding fee refund

How To Get a VA Funding Fee Refund

Closing costs can turn the dream of home ownership into a nightmare on the very day you’re expecting to celebrate. Finding out the largest purchase of your life has a bunch of added, often unexpected, ...
Can You Use a VA Loan For An Investment Property?

Can You Use a VA Loan For An Investment Property?

Severino used the program in 2015 on a property in Orlando with an additional dwelling unit, or ADU, in the backyard. He rented that out to cover the bulk of his mortgage and lived in ...
VA Loan Inspection Requirements

VA Loan Inspection Requirements

What Are the VA Home Inspection Requirements? There comes a time in every home-buying process when a buyer has the opportunity to take a peek behind the curtains – literally and figuratively. After you submit ...
House and equity

Home Equity Loan Options for a VA Mortgage

Life brings opportunities and challenges with financial consequences, and sometimes budgets get squeezed. If you’re a VA mortgage-holder, perhaps you’re pondering how to pay for some big-ticket item: a home improvement project, youngsters’ college expenses, ...

Investing

What is Virtual Currency? By Sarah Brady | Investing Whenever you think of money you probably picture dollar bills and metal coins. But there's another type of money that can't be held in your hand: ...
Military and Virtual Currency

What is Virtual Currency?

Whenever you think of money you probably picture dollar bills and metal coins. But there's another type of money that can't be held in your hand: virtual currency. What is virtual currency? Even though you ...
Bag of money labeled VA Loan next to model of a home

Do VA Loans Have Private Mortgage Insurance (PMI)?

Before we answer that question, let’s make sure we understand what VA home loans are and why the Department of Veterans Affairs created them. VA loans are offered by banks, mortgage companies and other private ...
VA loan document sitting on desk

How to Get a VA Home Loan

As a service member or veteran, your eligibility for a VA home loan unlocks easy access to homeownership. Backed and run by the U.S. Department of Veterans Affairs, the mortgage program was established after World ...
House keys next to an American Flag

VA Loan Rates

Current VA Loan Rates Understanding VA Loan Rates A low interest rate is one of the many benefits VA loans provide when purchasing a home. Just a fraction of a percentage point on the interest ...
Military service member applying for a side job on the computer

Side Jobs for Active Duty Military

To an outsider, life in the military might seem like an endless barrage of direction and work, a constant grind with little affordable time for hobbies, personal pursuits, or passions. The truth is, while the ...
Stack of cash with dog tags and American flag

How a Government Shutdown Affects Military Pay & Benefits

The threat of another government shutdown is becoming almost as commonplace a news story as the threat of another hurricane. The problem is both can end in disasters if you don’t take steps to prepare. ...
Set of keys sitting on an American flag

VA Funding Fee: 2024 Charts and Exemptions

VA loans have appealing features that don't come with regular loans. With a VA-backed mortgage or refinance loan, you don't have to make a down payment or pay mortgage insurance. Most buyers, however, will have ...
Mortgage lender explaining the paperwork

VA Loan vs. USDA Loan

For many, a hurdle to buying a home is affordable financing. Two federal loan programs can make a big difference for those who qualify. VA and USDA home loans are money-savers that charge few fees, ...
Young couple visualizing home renovations

VA Loans for Renovations, Rehab, and Home Improvements

If you’re a member of the military or a veteran looking to buy a home, VA loans can be a great option. But there’s a hitch if you want to buy a fixer-upper – Your loan amount ...
Veteran filling out insurance paperwork

Veterans’ Group Life Insurance (VGLI)

Military service includes such benefits as low-cost life insurance through the Servicemembers’ Group Life Insurance (SGLI) program. When the time comes to end your military career, you can even convert that SGLI policy into renewable ...
Dog tags stacked on money and the American Flag

Overseas Tour Extension Incentive Program (OTEIP)

Military service often includes opportunities to serve or be stationed overseas, and that can mean one-time or recurring bonuses or stipends in addition to your military paycheck. One of the incentive pay programs for military ...
Balance scale with savings on one end and a house on the other

Paying Off Debt vs Saving for a House

You want to buy a house, and why not? If you have access to the VA loan programs that can make home ownership more affordable for members of the military, what’s stopping you? Is it ...
Military servicemember standing with child

How to Enroll Your Newborn in DEERS

Welcoming a newborn to your family is one of the happiest events you experience as a parent. From that day forward, you want the best life and health for your new child. And signing up ...
Tank rolling on paper money

Hardship Duty Pay

There are lots of great benefits that come with working in the military. Among them are guaranteed basic pay, tax-free allowances and paid vacation, just to name a few. But if you're called on to ...
Replica house with VA loan written on it

VA Loan Pros and Cons

We owe much to those who sacrifice for our country by serving in the military. One way the nation thanks them is by offering a VA loan as an option that helps active-duty and retired ...
Military member holding a model house

VA Loan Appraisals

One of the most tangible and valuable benefits available to those who opt to serve their country through military service is the VA home loan program. And while every homebuying process is a journey from ...
Credit report and calculator on desk

What Is the Minimum Credit Score for a VA Loan?

Active-duty service members and veterans have an ace in the hole when it comes to realizing the dream of home ownership: the VA loan, a mortgage guaranteed by the U.S. Department of Veterans Affairs. Issued ...
Replica of a home on top of an American flag

VA Down Payment Requirements

VA loans exist only because the federal government wanted to help veterans purchase homes after they helped win World War II. The idea was to put veterans on equal footing with their peers who had ...
American flag patch next to key with VA loan written on it

VA Loan Eligibility Requirements

Since 1944, VA loans have been a game-changer for veterans looking to purchase a home. Private lenders make the actual loan, but the loan is backed by the U.S. Department of Veterans Affairs. Understanding the ...
Military figure flipping a penny on an American flag

How to Manage Debt While in the Military

For better or worse, borrowing money and taking on debt is a way of life for Americans. We take out loans for big-ticket items like houses, cars and college educations. Most of us have a ...
Military servicemember on the phone

How Can Military Cancel TV, Internet & Phone Contracts?

Servicemembers and their families know all too well that military life often means pulling up roots and moving. This can cause a problem when cable TV, internet and phone contracts include penalties for canceling early, ...
Military member researching VA loans on computer

VA Amendatory Escape Clause

A VA mortgage loan is one of the biggest benefits that the Department of Veterans Affairs provides to veterans, active-duty military members and families. It makes buying a home affordable by guaranteeing a portion of ...
Military member holding a small model house

Buying A Home In The Military

It might seem more inaccessible than ever right now (thanks, inflation!) but owning your home is still a big part of the American Dream, maybe the biggest part. Why? Because home ownership continues to be ...
Lender holding two models of a house

FHA Loan vs VA Loan

At first glance, FHA loans and VA loans appear very similar. Both are mortgage loans backed by the federal government. Both guarantee loans made to qualified buyers by banks and other mortgage lenders – neither ...
VA loan document on desk

VA Loan Limits

Military service includes a long list of benefits, perhaps none more useful than the ability to secure a VA home loan. With the elimination in 2020 of limits on VA loans, the perk got even ...
Man with empty wallet

Joining The Military With Debt

A military career can offer a fresh start and many opportunities. But significant amounts of debt and a questionable credit history can limit much of what’s available to you, including which branch you serve, your ...
Sticky note reminder that says closing costs

Do You Pay Closing Costs with a VA Loan?

The first step toward answering this question – Do I pay closing costs with a VA loan? – is understanding exactly what a VA loan is, and isn’t. The Department of Veterans Affairs was consolidated ...
Military couple walking through their under construction house

Can You Use a VA Loan to Build a House?

Millions of veterans and active-duty service members have bought homes through the Department of Veterans Affairs. That’s one of the perks of the job. What many may not realize is they not only can buy ...
U.S. dollars next to an American flag patch

Financial Help for Veterans

Many of us struggle to cover the costs of our day-to-day living expenses, like housing, food and transportation. An uncertain financial picture can be further clouded by an unexpected and untimely financial hurdle or hardship, ...
Pointing at a plot of land on a map

Buying Land With a VA Loan

If you're a service member or a veteran who wants to build your own home, a VA-backed loan could be the best way to go. With a VA Purchase Loan, which is a benefit of ...
Military member holding a stack of books

Transfer Military Education to College Credits

Did you know that your military training and experience could actually be applied toward college credits that can help you earn a college degree? Yes, all the time you spend in military classrooms and in ...
Tuition Assistance written on a sticky note

The Top-Up Tuition Assistance Program

Worried that the education funds you get from the Department of Defense (DoD) might not cover the full cost of college tuition? The Tuition Assistance Top-Up Program might help you sleep better at night as ...
Flags from each branch of military

Which Military Branch Has the Best Benefits?

If you’re considering a career in the military, deciding which branch to join is maybe the most exciting question you’ll face. Besides the choice between the Army, Navy, Air Force, Marine Corps, Coast Guard or ...
Small business loan application on desk

Small Business Administration Loans for Veterans

Coming to the end of a military career, whether through retirement or separation, means you need to plan for what’s next. While many transition into civilian jobs, a significant number of veterans opt to start, ...
For rent sign outside of home

Rental Partnership Program (RPP)

The U.S. military has joined with landlords to help service members find more affordable off-base housing. The help comes through the Rental Partnership Program, or RPP, which provides service members and their families appropriate housing ...
Military veteran translating his skills onto his resume

Military Skills Translator

You’ve completed your service. While you were on active duty, you learned or improvised many skills, whatever was needed to accomplish that day’s mission. Now you’re back in civilian life, looking to apply those unique ...
California license plate

Vehicle Registration for Military Families

If you hate moving, you’re not alone. A study found that one out of 10 Americans would prefer a week in jail than deal with the hassle of moving. Military families know the feeling as ...
Veteran holding hands with a healthcare worker

Mental Health Resources for Veterans

If you are a veteran or active-duty service member dealing with a mental health problem or crisis, you are not alone. According to the U.S. Department of Veterans Affairs (VA), more than 1.7 million veterans ...
Military service member looking through financial charts on desk

14 Financial Planning Tips for the Military

Financial planning might seem like a luxury for the wealthy, but anyone can benefit from making plans for their money, especially those who are struggling to get by. As a servicemember or veteran, you have ...

Military Reserve Pay Chart

Reserve pay is one of the many benefits of being in the military reserves. If you're a National Guard or a Reserve Soldier who's performing drilling and other training duties, you can receive compensation in ...
Jar of coins that someone has saved up

The Thrift Savings Plan (TSP) for Service Members

It's not often that you can get free money, but with the Thrift Savings Plan (TSP) you can bring in free cash with no extra labor or effort on your part. For service members, having ...
Man counting up his savings in a coin jar

Tax Breaks for Disabled Veterans

Veterans who are disabled are eligible for tax breaks above and beyond what veterans without disabilities may get. Tax breaks for disabled veterans are usually in the form of exemptions – money that is exempt ...
Veteran Friendly Employers in 2023 NEW

Veteran Friendly Employers in 2024

You’re just out of the service and looking for a job, but the hard skills you learned in the military don’t seem applicable to life in a civilian position. The hiring managers you’re talking to ...
Document to apply for renters insurance

Military Renters Insurance

Military life can be pretty demanding. The last thing a soldier or sailor needs to worry about is losing all their possessions. Is such peace of mind worth 50 cents a day? That's about what ...
American soldier folding flag at veterans funeral

Burial Allowance for Veterans

The federal government will help with burial of military veterans, but there are conditions and qualifications that must be met. The first and most important condition is that the veteran must not have been dishonorably ...
Military spouse searching on computer

Military Benefits for Spouses

The military may travel on its stomach, but individual service members draw their greatest strength from the support of their spouses. While spouses receive no direct pay for their support role, they are a vital ...
Retired military veteran checking his pay on a calculator

Retired Military Pay

If you weren’t thinking about retirement or other benefits when you enlisted in the military, that’s okay. You are still protected by one of the top three benefits of military service, along with medical and ...
Home with ramp for disabled veteran

Grants for Disabled Veterans with PTSD

No matter your branch of service or whether you serve in peacetime or during a war or conflict, service in the military carries the risk of injury that can alter the course of your life. ...
Spouse filing taxes while partner is deployed

Filing Taxes When a Military Member Is Deployed

You’re away from your family. Your living quarters aren’t exactly luxurious. You might not be getting the supplies, or even the information, you need. Safety is an issue. Peace of mind can be hard to ...
Globe with different cultural icons around the world

Separating From the Military Overseas

Many who sign up for a military career do so for the adventure, the travel and the opportunity to live and work in foreign countries. And retiring from the military doesn’t mean the adventure needs ...
Military rep handing out a bonus check

Selective Retention Bonus (SRB)

The selective retention bonus is the U.S. military’s take on an old Army recruiting poster. The twist is that Uncle Sam not only wants you but wants to keep you. Badly in many cases. The ...
Bank teller filling out information for a military customer

Best Banks and Credit Unions for the Military

The unique circumstances of military life for both members and their families require financial institutions that understand these circumstances. Military banks and credit unions are set up specifically to meet the unique financial needs of ...
Banner that reads "Happy Veterans Day"

100+ Veterans Day Military Deals and Discounts for 2024

Veterans Day, and often the days around it and even the entire month of November, is a great opportunity for veterans, military members, and their families to find military discounts and freebies. Free meals are ...

Media Center

Media Center Military Money encourages the media to contact us to help with our mission to ensure financial success for service members, veterans and military families. Contact Form We would love to hear from you. ...
Military spouse holding hands with her husband

Military Spouse Residency Relief Act (MSRRA)

As the spouse of an active service member, you know how the frequent relocations that come with military life can complicate a couple’s financial situation. Traditionally, service members were allowed to claim residency in whichever ...
Military member filling out his will on a desk

Military Will

The U.S. military provides legal help and support to service members who want to write their last will and testament. Though it’s not a requirement, service members are encouraged to complete a will during their ...
Military servicemember caring for his children

Military Child Care

One of the most valuable benefits afforded to military families is child care assistance. The Department of Defense operates the largest employer-sponsored child care program in the United States, serving approximately 200,000 children of uniformed ...
Lender with paperwork for the different types of va loans on his desk

Types of VA Home Loans

Whether you're a service member, a veteran, or in some cases even a civilian, a VA home loan can help you make home buying affordable. According to a 2022 survey, the majority of veterans and ...
Red umbrella covering a group of figurines

Servicemembers’ Group Life Insurance (SGLI)

Life insurance can offer critical protection from financial loss following a death. For military personnel, Servicemembers’ Group Life Insurance is the easy choice for this coverage and it is unmatched in terms of affordability and ...
Loan officer explaining the benefits of a VA Loan

Benefits of VA Loans

VA home loans help veterans, servicemembers and eligible surviving spouses not only buy a home but also build, repair, refinance and adapt homes for a disability. The loans are from private lenders, but the U.S. ...
VA streamline refinance loan paperwork sitting on desk

VA Streamline Refinance Loan (VA IRRRL)

The VA home loan program was created in 1944 as part of the Servicemen’s Readjustment Act (better known as the GI Bill), to help those returning from World War II buy homes. The federal government ...
Veteran shaking hands after being discharged from service

Honorable Discharge Benefits

The reality of military service is that nearly 85 percent of personnel leaving active duty each year do so with honorable discharges or a general discharge under honorable conditions. Their departures may not be the ...
Military veteran holding his child

Military Benefits for Children

As an active-duty service member or veteran of the armed forces, you’re likely familiar with the many benefits and perks you have earned through your military service.  However, you may not know that some of ...
Lawyer providing legal assistance to a veteran

Legal Assistance for Veterans

Serving in the military shouldn’t make you more likely to need legal advice, but in these litigious, complicated times, military service can’t isolate you from conflicts that require legal advice. Fortunately, there are plenty of ...
Doctors ready to treat a military member that is in the CHCBP

Continued Health Care Benefit Program (CHCBP)

Whether you are enlisted or an officer, whether to continue your military career through to retirement is a decision you will have to contend with from time to time. Staying put and retiring from the ...
Umbrella over house protecting the home similar to insurance

Military Home Insurance

Insurance discounts are one of the many perks of being affiliated with the military. If you're looking for affordable home insurance, a military-based discount can help you reduce your premium without sacrificing coverage. Plus, each ...
Opening an envelope with a paycheck for military special pay

Special and Incentive Pay

Everyone in the military gets basic pay that is determined by their rank and length of service. But there are plenty of opportunities to make extra money. Military members of all ranks and positions can ...
Journal that says "Cost of Living Adjustment" on the cover

COLA Military Retirement Pay

Opting for a military career opens the door to a treasure trove of job perks, ranging from education benefits and health care to guaranteed housing loans and the regular income from military pay. But for ...
Family that adopted a child with their hands on the table

Military Adoption Grants

Even as a civilian, the adoption process can be long, hard and expensive. It’s costly and complicated for anyone who wants to adopt a child. But sometimes, life in the military can add an extra ...
Car rental sign at the airport

Military Discounts on Car Rentals

Military life means travel – often, a lot of it. Rental car companies offer military discounts with the understanding that military members and families may have to hit the road quickly, whether it’s in their ...
mypay military woman at computer

What Is myPay?

MyPay is a website for the military community that centralizes the information and transactions involving an individual user’s military pay. The site provides an automated system available to most active and retired members of the ...

Insurance

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Tricare Plan Information

Tricare for Military

Almost 10 million active-duty members of all military services, plus military retirees, and their families are covered by TRICARE, the military health system that provides benefits and options at a cost lower than most civilian ...
Military Bonuses

Military Bonuses

Not surprisingly, Uncle Sam has been having a tough time of late convincing young men and women to answer the call to serve their country. With the unemployment rate hovering around a four-decade low in ...
Buying a Car with a Military Discount

Military Discounts on Cars

Many car dealerships offer military discounts as rebates once the car is purchased. Others offer them as discounts during the purchase or on the overall cost of a lease. Military discounts related to vehicles don’t ...

Family

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Careers

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Military servicemember unlocking door to a discounted hotel room

Military and Veteran Hotel Discounts

You might have noticed: Getting away isn’t easy on the wallet these days. Finding a place to stay for a little R&R is pricey, whether you’re looking at a resort, a hotel, or a motel. ...
Young man signing up for the military and receiving a bonus

Military Signing Bonus

Uncle Sam Wants YOU! People of a certain age will remember those recruiting posters from the last century. Uncle Sam, representing the U.S. Armed Forces and wearing a top hat and bow tie, points a ...
Caregiver caring for a veteran who is sitting on a couch

What Is the VA Caregiver Support Program?

If you're a disabled veteran who receives in-home care, you and your caregiver could be eligible for the VA's Caregiver Support Program (CSP). Those who are eligible can potentially receive a number of resources, including ...
Calendar with military payday dates circled

USAA Military Pay Schedule

If you’re in the military, you’re almost certainly living on a budget, so you’ve got payday etched in your brain. For servicemembers, payday usually falls on the 1st or 15th of the month – provided ...

Military Pay

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Doctor reevaluating a veteran's disability rating after five years

VA Disability 5-Year Rule

If you’re a veteran receiving medical care and disability compensation, notification of a benefits review from the U.S. Department of Veterans Affairs might feel like getting audited by the IRS. After all, they have one ...
Military service member at home writing down a retirement plan

Military Retirement Planning Checklist

One of the great benefits of entering the military is that if offers financial security, not only when you are a member but also in retirement for those who have made it their career. The ...

About Us

Who We Are Military Money Military Money was created in 2003 as part of the Department of Defense's "Financial Readiness Campaign" with the support of the Office of the Under Secretary of Defense for Military ...
Woman receiving a fraud alert on her phone from a credit monitoring service

Free Military Fraud Alerts & Credit Monitoring

The threat of credit-card fraud or identity theft is ever-present, and it may seem impossible to know when you’re at risk and who might be trying to defraud you. Military personnel, particularly those who are ...
Veteran at the airport terminal looking for a discounted flight

Discounted Flights & Checked Baggage for the Military

Chances are good that military personnel will grow accustomed to navigating airports and downloading boarding passes during their stint in the armed forces. Whether it’s transferring bases, visiting family on leave or taking a much-deserved ...

Military Money Text Program

Effective date: January 22, 2021 The MilitaryMoney.com website recurring text message service (“Text Program”) is owned and operated by InCharge Institute of America. These Text Message Program Terms and Conditions (“Text Program Terms”) govern your use ...

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Privacy Notice

Effective Date: January 22, 2021 This Notice is provided by InCharge Institute of America (“ICI”), which owns and operates this website, to explain what MilitaryMoney.com does with your personal information as a financial organization. For ...
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What Is A Credit Score?

Dealing with your financial health can be like dealing with your physical health. Before you can fix it, you have to know what the problem is. A lot of people would rather not know than ...
Miniature home sitting on pile of cash

VA Home Loan Refinance Programs

If you're unsatisfied with your home loan, refinancing through the VA could help. Whether you have a high monthly payment, an adjustable interest rate that keeps rising, or other terms you're unhappy with, there are ...
Discount sticker for military dining discounts

Discounts on Dining for the Military

Free meals for veterans and active-duty military members on Veterans Day have become a trend across the U.S., but those who are serving or have served can also find discounts on meals and other special ...
Military couple planning their retirement

What Is Second Retirement?

First, a couple of numbers. 47. That’s roughly the average age of officers when they retire from the Armed Forces. 43. That’s the approximate average age of enlisted service members when they retire from the ...
Veteran transitioning to a civilian job

10 Tips to Help Service Members Get a Civilian Job After Service

The first and best piece of advice is this: Have a plan, and start working on it sooner rather than later. This will give you the best shot at success. For all the difficulties that ...
Top secret documents in envelope that can only be accessed by someone with a military security clearance

Security Clearance Jobs for Veterans: What You Should Know

It’s no secret that working with the federal government or as a government contractor means you might find yourself with access to privileged information. Being granted that access means that you must have, or be ...
Military veteran interviewing for a job after service

Veteran Jobs After Military Service

About 250,000 service members transition into civilian life every year. One of the first things they do is look for a job, and many don’t like what they see. A LinkedIn study found that 33% ...
Military Servicemembers open shirt pocket filled with money

How Debt and Credit Score Affect Security Clearances

It’s the opportunity you’ve wanted. More responsibility, bigger paycheck, maybe a step up in rank. Now it’s yours, assuming you get the security clearance the new position requires. But as the military’s mandatory background check ...
Credit report with a poor credit score listed

What Is a Credit Repair Scam?

If you have bad credit, few things are more tempting than a quick fix that promises to repair your credit and instantly increase your credit score. But beware, a company that offers to instantly repair ...

Credit Score

Free Military Fraud Alerts & Credit Monitoring By Craig Richardson | Credit Score The threat of credit-card fraud or identity theft is ever-present, and it may seem impossible to know when you're at risk and ...
Lender handing military vet a cash advance

What Is a Military Pension Advance?

A pension, including a secure military pension, is often described as a nest egg we build to provide for a comfortable retirement. It’s earned over years of service and paid to you, usually in monthly ...
Jar of coins labeled blended retirement

Blended Retirement System

For decades, members of the military had little to consider when it came to retirement planning. If they chose to remain in the armed services for at least 20 years, they would receive an annuity ...
Keychain shaped like a house labeled 2nd VA Loan on top of an American flag

Can You Have Multiple VA Loans?

Veterans looking to buy a house are entitled to juicy loan benefits civilians don’t enjoy. One of the juiciest benefits can help them buy a second house and not need a down payment to do ...
Veteran at the desk writing a resume

Veteran Resume Writing Services & Tips

Your chance to make a good first impression in a crowd – without handing out $100 bills – is even more difficult when your first contact is a job resume fighting for consideration in a ...
Calculating what GI benefits cover

What Your GI Bill Benefits Cover

Among the long list of perks and incentives offered to military personnel, the most impactful and beneficial may be your GI Bill benefits. Administered by the U.S. Department of Veterans Affairs, the GI Bill is ...
Military veteran consolidating his credit card bills

VA Debt Consolidation for Veterans & Active Duty Military

Nobody joins the military to get rich. They also don’t join it to get poor. Unfortunately, that’s often how it turns out. Studies show that almost 35% of service members can’t pay their bills on ...
American flag hung on home paid for with BAH

What Is Basic Allowance for Housing?

In the movies, military life takes place on base, in tidy barracks with rows of well-made bunks. In reality, those barracks are only part of the story. The number and diversity of uniformed personnel require ...
Military patch next to set of keys after getting a VA loan

VA Loans

We shouldn’t need a war to break out to appreciate the service of military members and the challenges they and their families face, not only during their tours of duty but after those tours are ...
Military Servicemember holding up child with spouse in background

Educational Benefits for Military Spouses & Dependents

The U.S. government recognizes that military families make sacrifices that can have an impact on a military spouse’s pursuit of a career or education, as well as on the education of their children. To help ...
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Paying Off Credit Card Debt: Tips & Methods

With stunning interest rates ticking away relentlessly, and late fees eager to pounce on the slightest misstep, credit card debt erodes a consumer’s financial stability. These are not small stakes we’re talking about. U.S. household ...
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On or Off-Base Military Housing: Which One is for You?

One decision almost every member of the military eventually must make is whether to live in on-base military housing or find their own housing off-base. The decision is easy for single active-duty military in the ...
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Military MOS Lists

An MOS, or military occupational specialty, involves the breathtakingly wide range of jobs carried out by members of the United States armed forces — more than10,000 different specialties covering a vast array of skills, interests, ...
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Military Tuition Assistance Programs

While on active duty, John D. used the Army’s tuition assistance program to pursue both undergraduate and master’s degrees. Not only did he take advantage of the Military Tuition Assistance, or TA, program to plan ...
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Military Debt Forgiveness & Programs for Debt Relief

Those who serve the nation do so knowing they will face significant mental and physical challenges. Unfortunately, military service does not make anyone immune to financial challenges, too, so it’s important for any service member ...
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Can You Get Out of a Car Loan With Military Orders?

A deployed servicemember may find it a heavy burden to continue to pay for a car lease. Thankfully, the servicemember has the option to break a vehicle lease – provided certain conditions are met. The ...

How to Deal with Debt Collectors While in the Military

Nobody wants to hear from a debt collector. It’s unnerving and can be a cause of anxiety. If you’re in the military, debt and debt collection issues can put your status, promotions and career at ...
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Military Education Programs & Tuition Assistance

The U.S. Department of Veterans Affairs has long been committed to making sure education benefits are available to those who join the military. Modern VA education benefits recognize that today’s veterans and active-duty military service ...
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Free & Discounted Tax Services for Military

They say the best things in life are free, and that’s especially true during tax-filing season. Nothing’s worse than having to pay an arm and a leg to a tax-preparation company, only to find out ...
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Discounts

As a thank you for the service of those in the armed forces, many businesses offer military discounts for active-duty military members and veterans. These range from free to discounted items. Some are year-round, some ...
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PCS

Moving yourself and your family to another location for a job is something that happens across American life. Like most things, it is different for military servicemembers. Unlike civilian companies, which you can leave if ...

Veterans

10 Tips to Help Service Members Get a Civilian Job After Service By Tom Jackson | Veterans The first and best piece of advice is this: Have a plan, and start working on it sooner ...
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Housing

There are a variety of programs that provide housing assistance for both active-duty military and veterans. Military and veteran housing assistance not only helps those who are serving or have served buy, build, renovate and ...
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Retiring from the Military

Most people don’t volunteer for military service with retirement on their minds. A sense of patriotic duty, a tradition of family service, the chance to take advantage of opportunities for training and growth? Yes to ...
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For-Profit Schools: A Warning for Veterans

Advancing your education and preparing for a career after your military service should be part of the plan for anyone who signs up to serve their country. Whether it’s the G.I. Bill for veterans or ...
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What is the Military Lending Act?

The Military Lending Act protects active-duty military members and their families from high-interest and costly consumer lending practices. Its major provision is that it caps the amount of combined interest and fees that can be ...
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What is the GI Bill?

The U.S. government recognizes that those who have been serving in the military need a way to catch up to civilians busy building careers and wealth. The GI Bill provides education benefits and support to ...
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What Are Payday Loans for Military Members?

Payday loans are a flashing neon sign at the intersection of desperation and convenience. Offering fast cash at a heavy cost, they’ve earned a deserved reputation as a financial speed trap for borrowers. What is ...

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We are creating something amazing for our military members Great things are coming
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The Servicemembers Civil Relief Act (SCRA)

The mission and work of military personnel is at times unpredictable and chaotic, and there are still many facets of life to manage -- whether it be your family, your possessions, or your finances -- ...
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Debt Help For Military Members

We Are Serious About Military Debt Help Know Your Options average military members debt 421 ProBiz Clients Intrinsically integrate diverse action items for team building best practices. Globally supply covalent ROI via e-business markets, assertively. 732 ...

Privacy Policy

Reviewed Date: February 9, 2023 This Privacy Policy (the “Policy”) describes the information InCharge Institute of America (“ICI,” “we,” or “us”) collects from or about you through this website (“Site”), It also describes how we ...

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Find the Latest Military Discounts

From discounted travel and dining to membership promotions and retail sales. Find the businesses giving back to those who served in the military.

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Money Management for Military Families

Our mission is to ensure financial success for service members, veterans and military families.

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We Have Your Finances Covered

Created as part of the U.S. Department of Defense's "Financial Readiness Campaign," Military Money aims to provide service members, veterans and military families with the financial information you've been searching for.

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