The changing terrain: NDAA 2017

| April 30, 2016

The House Armed Services Committee passed its draft FY17 NDAA early Thursday morning, by a vote of 60-2. In addition to calling for a 2.1 percent pay raise for service members and a boost in active duty military end strength by 27,000 over Pentagon requests, the bill also includes changes to TRICARE.

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Misconceptions about your free credit report

| April 25, 2016

Maintaining good credit — which can help you enjoy preferred rates on loans, even insurance — is like maintaining your good name. You want to be spoken of in only the best of terms. That’s why it’s important to review your free credit report once each year.

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The changing terrain: Military retirement, NDAA

| April 22, 2016

The New Military Retirement

The new military retirement goes into effect Jan. 1, 2018. The Department of Defense is creating courses on the new retirement geared toward four groups:

    Military leaders.


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Top 10 ways military families deploy tax refunds

| April 18, 2016

Research shows that America’s military families plan to use their tax refunds to further their financial stability. In a recent First Command Financial Behaviors Index survey, 43% of military families responding said they would pay down debt and 42% plan to use their tax refund for savings.

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The changing terrain: Defense spending

| April 15, 2016

Military families continue to feel anxious about cuts to defense spending. Sixty-eight percent of those surveyed in First Command’s most recent Financial Behaviors Index® indicated they are at least somewhat anxious about cuts.

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The changing terrain: sequestration

| April 8, 2016

On Tuesday Army Lt. Gens. Michael E. Williamson, Herbert R. McMaster, Jr., Joseph Anderson and John M. Murray testified before the Airland Subcommittee of the Senate Armed Services Committee.

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April is National Financial Literacy Month

| April 4, 2016

In 2004, the Senate passed Resolution 316 that recognized April as National Financial Literacy Month.  Since then, many organizations have developed programs to promote financial literacy for young persons and adults. 

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The changing terrain: Military retirement

| April 1, 2016

Half of military families surveyed in the most recent First Command Financial Behaviors Index® are aware of the proposed modifications to the new military retirement in the president’s 2017 budget.

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