The Military Wallet: Helping the Military Community Manage Money
2023 Basic Allowance for Housing (BAH) Rates
2023 Basic Allowance for Housing rates increased 12.1%, according to the Department of Defense. 2023 BAH rates will cover roughly 95% of housing costs (including rent and utilities) in over 300 military housing areas.
Use Your HSA as an Investment Vehicle: How to Maximize Your Health Savings Account Value
Did you know you can use your HSA as an investment vehicle? Your Health Savings Account has similar properties to an IRA. Tax-free contributions and tax-free growth. Learn how to invest in your HSA, including contribution …
Residential Energy Credits for Homeowners
Often prospective homeowners are told they’ll save on taxes when they buy a home. Sometimes that is true, but often new homeowners are disappointed because they don’t receive the tax savings they expected.
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MoreResidential Energy Credits for Homeowners
Often prospective homeowners are told they’ll save on taxes when they buy a home. Sometimes that is true, but often new homeowners are disappointed because they don’t receive the tax savings they expected.
Chase Freedom Unlimited for Military Members
The Chase Freedom Unlimited credit card is a great deal for military members. Here’s everything you need to know about the Chase Freedom Unlimited.
DFAS Debt and Claims: What to Do When You Owe the Military Money
The Defense Finance and Accounting Service (DFAS) handles a variety of financial activities for the Department of Defense (DoD). For military members and retirees, it’s the department that issues pay and retirement. The organization also handles …
Navigating the 1099-K Mess: Will I Get a 1099-K and If I Do, What Should I Do With a 1099-K?
As part of the American Rescue Plan Act of 2021, the reporting requirement for transactions facilitated through third-party payment networks was lowered to $600 a year. This means if $600 or more was received for goods …
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2023 VA Service-Connected Disability Compensation Rate Tables
VA service-connected disability compensation rates increased by 8.7% in 2023, effective Dec 1, 2022. Here are the current VA disability compensation rate tables.
Types of Military Discharges – Understanding Discharge Ratings
There are many types of military discharges, including an honorable military discharge, general discharge, under other than honorable conditions, bad conduct discharge, dishonorable discharge, and entry-level separation. This guide explains the difference among these types of …
Home Depot Military Discount – How to Save 10% on Purchases at Home Depot
Home Depot offers a 10% military discount year round to military members, veterans and military spouses. The policy changed a bit in 2022. Here’s what you need to know about enrolling in the program, your virtual …
2023 IRS Tax Refund Schedule (2022 Tax Year): When Will I Receive My Tax Refund?
The IRS processes tax returns as it receives them. If you file your tax return electronically, the IRS will generaly process direct deposit refunds within 7-10 days of receiving your tax return, and process paper checks …
