Tip of the Day

  • Written by Guest Blogger | September 30, 2014

    The Thrift Savings Plan (TSP) offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans. Sign up or get more info at tsp.gov

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  • Tips to Save Money AND Heartache This Tax Season

    Written by Lila Quintiliani | January 24, 2020

    Filing income tax forms can be a complicated and somewhat painful process. Gathering documents is a chore. Tax forms can seem confusing to the uninitiated. And military families face additional obstacles at tax time: they may not know about certain military-specific tax provisions that can benefit them, and they are also prey to certain tax schemes that target the military community.

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  • Four Tips for Getting Ready for a Deployment

    Written by Lila Quintiliani | January 9, 2020

     Sometimes deployments come with advance notice, but other times they can be sprung upon military families suddenly. While service members generally go through some pre-deployment processing, family members do not. Here are some tips for preparing for a deployment.

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  • Three Things to Know When You Have Two TSP Accounts

    Written by Cloud Spurlock, Federal Retirement Thrift Investment Board | December 19, 2019

    If you’re considering a role in the federal workforce after you leave uniformed services, you’re in good company. About one out of every three current federal civilian employees is a veteran, according to the U.S. Office of Personnel Management. Veterans who choose to continue serving our country as federal civilian employees bring unique skills, leadership experience, and diverse perspectives that enhance every corner of government work.

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  • The One Key Change to Military Credit Reports You Need to Know

    Written by Allison Spurgin, AFC Candidate® | November 11, 2019

    Recently the federal government instituted a change to the way they use servicemembers’ credit reports. Previously, the Department of Defense only checked credit reports when servicemembers’ security clearances were up for renewal. This meant that depending on your clearance level, the military was only looking at credit reports and scores once every 5 or ten years. That is no longer the case: now the Department of Defense will be continuously monitoring service member’s financial health.

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Saver Stories View all »

How Smart Financial Decisions Can Create Opportunities 

Written by Stephen Ross, America Saves Program Coordinator | November 22, 2019

Of the many stories Military Saves shares, most describe how someone was in dire straits financially and worked their way out of it with the help of Military Saves. This time we want to highlight a different kind of story. This is a story about how responsible financial decisions can build on one another to create opportunities you thought only the super-rich enjoy.

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Setting a Goal Leads to Success

Written by Super User | May 24, 2019

Growing up, Marisa’s dad had always talked about saving first, but she said she didn’t really internalize it until much later. “I was drifting along with no plan, carrying a little bit of revolving debt, saving some money here and there, but without a real plan for it.”

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Involving Kids in Family Finances

Written by | April 19, 2019

 

One of the best lessons we can share with our kids is about money. By middle school, kids should have a good understanding of how money works as well as the importance of saving.

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