5 Ways to Spend Your 2024 Income Tax Refund Are you like most American tax-filers and about to receive a tax refund? Last year, the IRS reported that more than 60% of...
These States Passed New Military Income Tax Cuts in 2023 These states enacted law changes in 2023 that reduced income taxes on military pay and military retirement pay.
How to Reduce Capital Gains Tax on a House You Sell After Less Than 2 Years You may be eligible for a partial exclusion of capital gains tax if your employer transfers you to a new location that is at...
7 Military Discounts to Help During a Government Shutdown Military families are always on the lookout for great discounts, but they are even more vital during a government shutdown.
Build Financial Guardrails to Keep Problematic Spending in Check Financial guardrails are a lot like the envelope method of budgeting -- dividing up literal cash into various envelopes...
Because of IRS Change, SBP Beneficiaries Need to Check Their Tax Withholding A major IRS update became effective for 2023, and as a result, annuitants are reporting that their Survivor Benefit Plan...
Use the Military's Pay Structure to Grow Your TSP Retirement Savings The military's compensation structure has several built-in ways to make it easy to increase your Thrift Savings Plan...
Faced with the Survivor Benefit Plan Decision? 5 Things to Know If you need to decide whether to opt in to the Survivor Benefit Plan, here are five factors to consider.
How to Cancel a Home Security Contract When You PCS: New Law A new law makes it easier for military members and their dependents to cancel home security contracts when they move or...
New Basic Needs Allowance Could Become Tax-Free A bipartisan bill in Congress aims to amend the IRS rule to make the pay exempt from taxes.
Troop Pay Safe After Congress Approves Extension of Government Funding Troop pay is no longer in jeopardy after Congress approved legislation to keep the government funded through mid-March and...
They Fought in Iraq’s Bloodiest Battle. Will Their Kids Be the Next Generation of Marines? No matter the profession, parents and children in both civilian and military families must navigate delicate decisions about...
14.5% Junior Enlisted Pay Raise, Restriction on Care for Transgender Military Kids Headed to Biden's Desk The 4.5% raise will be added to all service members' paychecks at the beginning of January, while the remaining 10% extra for...
Army Set to Debut Master Combat Badges in Spring, Memo Says The Army is set to begin awarding Master Combat Badges, which will combine expert and traditional combat badges, next spring...
Police Say Marine Charged with Escort's Murder Googled Whether It's Possible to Scream While Being Strangled In what a local official called a "chilling" case, an active-duty Marine stationed in Florida was arrested and charged with...
