Money - Page 3

Military Tax Breaks For Families With Special Needs

Military Tax Breaks for Families With Special Needs

Updated: February 3, 2022

Military families are often eligible to claim certain tax breaks and benefits, and military families with special needs may have more tax advantages than they realize. Do you know what your potential tax breaks may be? What follows should not be construed as tax advice, but study the list below to see what you may […]

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free tax help for military

Free Tax Filing Services for Troops, Families

Updated: December 27, 2023

Military members and their families face special tax circumstances and have access to more tax benefits.  As a way of thanking troops for their service, multiple services offer free tax preparation and filing service to help military members and their families navigate some of the complexities of filing taxes in the military. Military OneSource H&R […]

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The best tax credits available to military

Military Tax Credits

Updated: December 28, 2023

Military members and their families are often tasked with giving a lot to Uncle Sam, be that personal sacrifice or financial. When it comes to taxes, several tax breaks are available to military members to help offset some of the financial burden. Make sure you’re taking full advantage of these tax credits available to you […]

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Military Tax Resources

Tax Resources for Military Service Members and Families

Updated: February 3, 2022

Tax season can be a trying time for military families, between trying to collect all the right documents and figuring out the maze of tax laws while making sure everything is submitted on time. Fortunately, service members and their families have many resources available to guide them through this process and help them complete their […]

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SCRA Credit Card Benefits

SCRA-Friendly Credit Cards for Military

Updated: December 24, 2022

From generous rewards and huge sign-up bonuses to travel rewards and low APRs, some credit cards available to military service members and their spouses outperform other credit cards.  Military banks and credit unions, traditional banks and online lenders offer military credit cards. Some come with annual fees, while others charge no fees but require a […]

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capitol hill

How a U.S. Government Debt Default Impacts Military Members and Veterans 

Updated: January 4, 2024

The debt ceiling is an obligatory borrowing limit self-imposed by the U.S. government. In the past, it has been raised or postponed to prevent the U.S. from defaulting on its debt.  If default occurs, what would it mean for U.S. service members and their families?   What does a government shutdown mean? When the federal government […]

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How To Invest In Cryptocurrency

How To Invest In Cryptocurrency

Updated: August 9, 2021

Over the past few years, cryptocurrency has exploded in popularity. In the military community, people now regularly ask about related investing strategies. As a result, we’ll use this article to explain several different options for how to invest in cryptocurrency. Specifically, we’ll discuss the following: What is Cryptocurrency? Directly Investing in Cryptocurrency Indirectly Investing with […]

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Dos and Donts For Investing In Ethereum From Overseas Duty Assignments

Dos and Donts For Investing In Ethereum From Overseas Duty

Updated: December 24, 2022

If you are interested in investing in Ethereum, Bitcoin, or other cryptocurrency from an overseas duty location, there are some things you need to know about protecting your investment and making sure you don’t lose your money. Know The Rules As a military member, you have much more to lose by not following the rules […]

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Thrift Savings Plan

Thrift Savings Plan

Updated: December 24, 2022

The Thrift Savings Plan (TSP) is a retirement option for federal employees and military members. It is described by the government’s TSP official site as offering “the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans.” It is administered by a government agency known as The Federal […]

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Improving Your Credit Score in the Military

Improving Your Credit Score In The Military

Updated: October 19, 2022

Our ability to borrow money (e.g. VA home loans, car loans, etc.) revolves around our credit score. A good score allows for more loans and better rates, while a bad one may completely prevent someone from loan approval. Bottom line, having solid credit is critical to the financial health of service members. As such, we’ll […]

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