Updated Dec. 8, 2014 Military pay limited to a 1% increase, BAH will be reduced 1% and there will be a $3 increase on most prescription co-pays for 2015. These provisions are a part of the 2015 National Defense Authorization Act (NDAA) which The House and Senate Armed Services committee just agreed to. This deal is in […]
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We are excited to announce the opportunity to win an Olive Garden Never Ending Pasta Pass by entering to win through the form below. Olive Garden Never Ending Pasta Pass Details Pass can be used any or every day of the week from Sept. 22 – Nov. 9, 2014 Valid on more than 150 combinations of […]
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Update: Congress has repealed the Cost-of-living adjustments (COLA caps) for military retirees younger than age 62. New military entrants, after Jan. 1, 2014, who may ultimately qualify will still be impacted. The Bipartisan Budget Act of 2013 (BBA) includes a provision that reduces working-age military retirees’ annual cost-of-living adjustment (COLA) at one percentage point below […]
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The 2014 COLA (cost-of-living adjustment) for retired military veterans, VA rates for compensation and pension for disabled veterans and surviving families has been increased by 1.5%. This change is effective Dec. 1, 2013 and will be reflected on the first check to be paid on Dec. 31, 2013. The 1.5% COLA adjustment is also effective for […]
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There are two types of Military Star Cards. There is the Military Star card offered by the exchanges and then there is the Chase Rewards Mastercard Military Star Card. The main difference between the two is that one has the Mastercard logo on the credit card that can be used to make purchases anywhere Mastercard […]
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The military pay increase for fiscal year 2014 is 1% as signed into law by President Obama on Dec. 26, 2013. This is based on the Department of Defense’s recommendation and President Obama’s proposal in the Fiscal Year 2014 Budget proposal that was sent to Congress. The DoD’s recommendation was based on the need to […]
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Feb. 6, 2013 The Defense department is proposing a 1% pay raise for servicemembers as part of its 2014 fiscal budget request to Congress. Pentagon officials say the raise is less than the previously projected 1.7% increase but allows the DoD to maintain investments in readiness during a time of slower defense spending. While many […]
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Dec. 27, 2012 On Dec. 27th, 2012 President Obama signed Executive Order 13635 “Adjustments of Certain Rates of Pay” which approves the military pay increase of 1.7%, effective Jan. 1, 2013. In order to fund the military pay raise the National Defense Authorization Act (NDAA) awaits signature by the President. Pay will be retroactive if […]
Read MoreHere are the 2013 Non-Locality BAH Rates for 2013 and are effective Jan. 1, 2013. Non-locality BAH is basic housing allowance for members under the following circumstances: Reservists on active duty less than 30 days. Service members in transit from select areas where no prior BAH rate exists Service members who live in government housing […]
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Holiday shopping can take its toll on any military family’s budget, but getting gifts for everyone on your list may prove to be even more difficult on a military budget. When it comes time to do your holiday shopping, you must set a strict budget and commit to sticking to that budget. While you may […]
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