COLA - Cost of Living Adjustments

2024 Cost-of-Living Adjustments (COLA)

Updated: January 5, 2024

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 […]

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Best Credit Cards For Veterans

The Best Credit Cards For Military Veterans

Updated: May 3, 2024

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. […]

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Chase Sapphire Preferred® Card Benefits for Military Members

Updated: August 11, 2023

For service members who travel frequently, the card_name can be a valuable addition to your wallet with generous point awards tailored for travel, a solid introductory and annual anniversary bonus, and a loyalty program that lets you transfer your Chase points to several other well-known air and hotel providers. Although it may take some time […]

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American Express® Gold Card: Benefits for Military Members

Updated: August 18, 2023

The card_name’s unique combination of spending category bonuses and additional benefits makes it one of the best credit cards for military members who want travel rewards and dining and grocery perks.  Overview of the American Express Gold Card The card_name is highly recommended for those looking to earn significant rewards for travel, dining, and grocery […]

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Capital One Venture Rewards Credit Card for Veterans

Updated: September 13, 2023

The card_name is one of the most popular credit cards on the market. That’s because it offers several noteworthy travel-related perks ranging from a generous sign-up bonus and point accruals for travel and everyday purchases to several ancillary benefits that will enhance a veteran’s travel experience. The rewards are easy to earn, and redemption is […]

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Military Top Tax Tips

Top Military Tax Tips for Filing Your 2023 Taxes

Updated: December 26, 2023

Military members and their families can take advantage of several tax provisions, according to the 2022 version of Publication 3 from the Internal Revenue Service. Here are some top tips to consider before filing taxes. Tax Filing and Deadlines The deadline to file 2023 taxes is April 15, 2024. The IRS extends the deadline for […]

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American Express Military Fee Waiver

Updated: June 13, 2024

American Express military benefits offer a significant financial advantage for those serving in the military, thanks to the protections provided by the Servicemembers Civil Relief Act (SCRA). This legislation caps the rate of interest on eligible loans and credit products at no more than 6%—a cap that includes not just the interest but also any […]

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Navy Marine Corps Relief Society

Navy-Marine Corps Relief Society  

Updated: November 10, 2022

The Navy-Marine Corps Relief Society is a 501(c)(3) nonprofit organization that provides sailors and Marines, their families and surviving dependents with financial, educational and emergency assistance. The NMCRS has offices on or near most U.S. Navy and Marine Corps installations. History The newly formed United States couldn’t afford benefits packages for its services – let alone […]

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Stimulus Checks

Third Round of Stimulus Checks

Updated: January 4, 2023

An economic stimulus is a government policy designed to encourage economic activity. Such attempts can include alterations to federal fiscal policies, quantitative easing, which is defined by some as a form of investment the government makes in certain critical bond markets and/or other areas for a certain span of time to stabilize the economy. There […]

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