Resources for the Military Community

Military Financial Toolkits from FINRA:

Soldier

Toolkit: Making Ends Meet

Making ends meet is fundamental to financial stability and reaching long-term financial goals, like a comfortable retirement or sending children to college. But in a survey (PDF 725 KB) of military servicemembers and spouses by the FINRA Investor Education Foundation, more than one-third of respondents reported having trouble keeping up with monthly bills and expenses. Use these tools to help make ends meet.

Soldier

Toolkit: Manage Your Debt

FINRA Foundation research (PDF 725 KB) shows many military families have large credit card debt, with one in four respondents reporting outstanding balances of more than $10,000. Use these tools to learn more about credit scores, managing credit and ultimately making better financial decisions.

Soldier

Toolkit: Save for the Future

Saving for the future is fundamental to financial stability and reaching long-term financial goals, like a comfortable retirement or sending children to college. But, in a survey of military servicemembers and spouses by the FINRA Investor Education Foundation, more than one-third of respondents reported having trouble putting money aside for future needs.

More Useful Information:

PERSONAL FINANCE

Creative Saving Strategies from the U.S. Navy (Consumer Financial Protection Bureau, US Government)

Reducing Your Dependency on Debt  (Military OneSource)

Planning Your Relocation Budget  (Military OneSource)

Recovering Financially after a Hurricane, Flood, or Other Natural Disaster  (Military OneSource)

Financing a College Education  (Military OneSource)

Invest in Your Education  (Military OneSource)

Scams That Target the Military: How Service Members Can Fight for Financial Security at Home  (Military OneSource)

Protecting Your Finances  (Consumer Financial Protection Bureau, US Government)

Planning for Your Future  (Consumer Financial Protection Bureau, US Government)

PROGRAMS AND RESOURCES

Information for Servicemembers  (Consumer Financial Protection Bureau, US Government)

Smart Military Money  (Veterans United)

Financial Assistance Options  (Military OneSource)

Programs to Help Service Members Stay Financially Fit  (Military OneSource)

Personal Financial Management Programs for Service Members (Military OneSource)

Additional Personal Financial Management Resources (Family Centers)  (Military OneSource)

Personal Finance Guide for Military Families  (Kiplinger and the Better Business Bureau)

A Salute to Smart Investing  (New Jersey Attorney General’s Office)

The Thrift Savings Plan  (Military OneSource)

The Savings Deposit Program  (Military OneSource)

Scholarships and Financial Assistance for Military Students  (Military OneSource)

Emergency Relief Programs  (National Resource Directory)

 

PROCESSES AND PROTOCOLS

General Information about Pay  (Defense Finance and Accounting Service, DOD)

Tax Information  (IRS)

Reporting a Retiree’s Death (Defense Finance and Accounting Service , DOD)

Benefits for Surviving Family Members from the Veterans Benefits Administration (Department of Veterans Affairs)

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