If you were injured or became seriously ill while serving in the military, you may be eligible for VA disability compensation, which is a benefit paid to certain military veterans based on illnesses or injuries received while serving on active duty. There are many factors which go into determining compensation eligibility and levels, most of [...]
5 Small Credit Card Mistakes That Can Sink Your Credit Score
It’s true that a credit card can be a great financial tool. When used properly, your credit card helps you build a credit history, and quickly establish a good credit score. However, as with so many things in life, there is a downside to credit cards. Because they are such a big part of your [...]
Private Military Scholarships
College is expensive. Despite excellent benefits provided by GI Bill 2.0, the cost of attending a top-tier university can shoulder a veteran with considerable debt. But that doesn’t mean you should shelve your plans of attending a university. The citizenry of the United States, private John and Jane Q. Publics’, have come to the rescue. [...]
How to Get a Military Discount
Many companies offer military discounts, which is an awesome way to show their appreciation for all military veterans have done for our country. As a veteran, I certainly appreciate the gesture, and I try to thank the company offering the discount whenever it is possible. As well intentioned as the military discounts are, however, they [...]
Post 9-11 GI Bill – Your Ticket to a College Education
Are you eligible for the Post-9/11 GI Bill? It’s been called the most significant piece of legislation ever passed by Congress. The “Greatest Generation” – champions of the free world, found release from combat, harnessing post-war anxiety into academic success. And when President Franklin Delano Roosevelt signed into law the Servicemen’s Readjustment Act on June [...]
How to Place a Security Freeze on Your Credit File
Identity theft can be a devastating and demoralizing problem that has far reaching consequences and can be difficult to repair. Unfortunately, identity theft cases continue to increase. If you have been a victim of identity theft, believe you have been a victim, or want to increase the security of your credit history, then you can [...]
Can I Contribute to the TSP When I Leave the Military?
The Thrift Savings Plan is one of the best tools military members have to prepare for retirement. Similar to a civilian 401k plan, the Thrift Savings Plan is an employer sponsored retirement plan which allows participants to save money for retirement directly from their paycheck. The added benefit is the money you contribute isn’t taxed [...]
Social Security Disability Benefits for Wounded Warriors
Most people think of Social Security as a benefit for retirees. In most cases, you need to be age 62 or older to receive social security benefits, but there are other situations when one can receive Social Security benefits. One example is Social Security Disability Insurance, and if you are a wounded veteran, or current [...]
Veterans Jobs Corps Initiative – Creating Public Service Jobs for Vets
President Obama recently announced the Veterans Job Corps, a new jobs initiative for US Military veterans which is designed to create jobs for military veterans. This proposed $5B initiative is designed to help military veterans find jobs at the local, state, and federal level, primarily in jobs which the president believes would be a good [...]
Expect Delayed Tax Refunds from the IRS
Tax payers who submitted their tax returns early this year may have to wait a little longer than anticipated to receive their tax refund. The IRS recently announced there are delays in tax refunds this year while they put new anti-fraud measures in place on their computer systems. As of right now, the delays are [...]