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CADET Act Aims to Keep Service Academy Families Together
When Air Force Capt. Melissa Hemphill joined the Air Force Academy’s faculty five years ago, she became a resource for pregnant cadets and their partners. She understood their stress because she...
View ArticleCARES Act Extension: More Taxpayers Benefit From Charitable Giving in 2021
Nearly 90% of taxpayers take the standard deduction, according to the Internal Revenue Service. Ordinarily, only taxpayers who itemize their deductions can claim their charitable contributions. But,...
View Article2024 Military Clothing Allowance Rates – How Much Do You Get to Replace Your...
Table of ContentsFY 2024 Military Uniform Allowances2024 Standard Initial Clothing AllowancesReplacement Clothing AllowanceCivilian Clothing Allowance for Officers and EnlistedCoast Guard Enlisted...
View ArticleHow a Federal Debt Default Would Impact Military Members
The United States reached its federal debt limit of 31.4 trillion dollars on Thursday, Jan. 17, 2023. The Treasury Department has taken “extraordinary measures” to prevent the federal government from...
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Tax Filing Deadline for Extensions – Oct. 15, 2024
Every year, millions of American taxpayers mark April 15th as the deadline for filing their income tax returns. While the vast majority of taxpayers meet this deadline, it is actually possible to...
View ArticleThrift Savings Plan Mutual Fund Window – Invest in Non-TSP Funds
The Thrift Savings Plan is a low-cost investment platform for military members and civil service employees. Thrift Savings Plan participants can invest in any of five diversified index funds or...
View ArticleMore Troops to Receive a Temporary 2022 BAH Increase
The Department of Defense approved another set of temporary increases to troops’ basic allowance for housing (BAH) stipends. Twenty-eight military housing areas in 17 states will receive an automatic...
View Article2024 Military Retirement Pay COLA – 3.2% Increase
Military retirement pay is based on a percentage of the base pay you received prior to retiring from active duty, National Guard or reserve military service. One of the benefits that makes military...
View ArticleBiden’s New Executive Order Improves Employment Opportunities for Military...
Military families experience a permanent change of station (PCS) an average of every 2.5 years, and those transitions are often cumbersome. When it comes to careers, the stop-start nature of PCSing...
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2024 VA Loan Limits: How Much House Can You Buy with a VA Loan?
In 2020, the Department of Veterans Affairs eliminated loan limits for service members and veterans who had their full loan entitlements. For those who only have a partial entitlement, the loan limit...
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