When disaster strikes, it’s natural to feel overwhelmed. How can you protect your family? Is it safer to hunker down or evacuate? What if you and your family aren’t hurt, but your house is so severely damaged that it’s uninhabitable? In the wake of severe weather like tornadoes, floods, or hurricanes, it’s important to know […]
American Express military benefits offer a significant financial advantage for military personnel, thanks to the protections provided by the Servicemembers Civil Relief Act (SCRA). One of the standout perks is the waiver of annual fees on many American Express credit cards for active-duty military members. This includes premium cards like The Platinum Card® from American […]
The Social Security Administration announced a 3.2% increase in the Cost-of-Living Adjustment (COLA) for 2024. 3.2% is a notable decrease from the 8.7% increase beneficiaries saw in 2023. COLA affects more than 71 million Americans, including Veterans receiving VA disability. Higher Inflation, Lower COLA 3.2% appears modest compared to 2023’s four-decade high of 8.7% and […]
VA disability rates increased 3.2% in 2024 over the previous year. The rate increase took effect in December of 2023 as part of the 2024 cost-of-living adjustment (COLA) announced by the Social Security Administration (SSA). Looking ahead to 2025, the SSA is preparing to announce the next COLA rate increase, with projections suggesting it will […]
As a U.S. military veteran or active-duty servicemember, including those in the National Guard and Reserves, you’re likely eligible for Post-9/11 GI Bill benefits. Sometimes, it’s also called the “Forever GI Bill.” The Post-9/11 GI Bill helps veterans and servicemembers by paying for their college tuition, apprenticeships, and other training or educational programs. The Post-9/11 […]
The Basic Allowance for Housing is vital to servicemembers’ monthly pay. In 2025, the Department of Defense is asking for a 4.5% increase in the national average for Basic Allowance for Housing (BAH). If approved in the defense budget, the increased rate will be applied to all military branches starting on January 1, 2025. What […]
Basic Allowance for Subsistence (BAS) increases in 2025 are still in question, but the current proposal from the Department of Defense calls for a 4.5% increase. While still part of budget talks, lawmakers are in agreement on raising it by 4.5% for 2025. When passed in the National Defense Authorization Act (NDAA), the raise will […]
Well, this year, military pay could get a little more interesting than in previous years. At the root of these discussions are a few underlying topics: As you’ll soon read, the approach to achieving these outcomes could look drastically different, depending on which version of the bill gets signed into law. Let’s look at the […]
Well, this year, military pay could get a little more interesting than in previous years. At the root of these discussions are a few underlying topics: As you’ll soon read, the approach to achieving these outcomes could look drastically different, depending on which version of the bill gets signed into law. Let’s look at the […]
An increase in military pay is expected in 2025. According to the Department of Defense’s proposals, uniformed service members could expect a raise of around 4.5%, following a 5.2% increase in 2024. The increase in base military pay in 2025 may come with some debate, but maybe not in the way you’d think. You may […]
The 2024 cost of living adjustment (COLA) increase is 3.2%, according to the Social Security Administration. The increase in the cost-of-living adjustment is about a $50 monthly benefit increase for the average retiree – roughly $600 per year. The increase is smaller than the previous two years, but is a result of lowering inflation across […]
Active service members can choose from dozens of great, military-specific credit card deals. But, as a Veteran, many of these same perks don’t apply. This reality can make picking the right card after you leave the military challenging. As such, we’ll use this article to provide an overview of the best credit cards for Veterans. […]
For Veterans and military members seeking a reliable travel rewards card, the card_name is an excellent choice. Known for its generous signup bonus, flexible reward categories, and robust travel perks, this card stands out as an ideal option for Veterans who value dining and travel. While military members benefit from fee waivers under the Military […]
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