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Military programs are governed by federal law, Department of Defense policy and additional policies specific to the branches of service. The below are the excerpts from federal law that govern financial management counseling in the military.

Public Law 108-189, "Service Members Civil Relief Act," December 19, 2003 This Public Law restates, clarifies, and revises the Soldiers' and Sailors' Civil Relief Act of 1940.

Title 10, United States Code (USC) §1056, "Relocation Assistance Programs," January 3, 2012 This legislation directs the services to provide relocation assistance to members of the armed forces including the provision of counseling about financial management.


THE LATEST

DoD Extends Armed Services YMCA Contract The Department of Defense recently announced a one-year extension to the Armed Services YMCA Military Outreach Initiative. The contract will now continue until March 2016.


Dart board This webinar will discuss the basics of target date mutual funds — how they work, advantages and disadvantages, historical performance, risk factors and their use as a default investment option in employer retirement savings plans. We will also learn about the composition and characteristics of the Thrift Savings Plan Lifecycle fund available to service members and federal government employees, as well as the upcoming change of using the Lifecycle fund as the default Thrift Savings Plan investment option.

WEBINAR

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May 26, 2015
Ins and Outs of Target Date Funds and New L Fund TSP Default Option
Learn more and register for the webinar

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