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Avoiding Money Scams (PDF) - On Military Consumer Protection Day, July 17, 2013, and throughout the month, DoD is joining with the Federal Trade Commission and other federal agencies to help service members and their families protect themselves against scams and make good decisions in the marketplace.

Compensation Fact Sheet (PDF) - An overview of Uniformed Services Compensation updated as of September 2012.

Creating a Spending Plan Fact Sheet (PDF) - The financial readiness of service members and their families is a priority for the Department of Defense. As part of its ongoing Financial Readiness Campaign, DoD is promoting the value of creating a family spending plan.

Financing a College Education Fact Sheet (PDF) - In recognition of today's complex financial environment and the realities of military life, the Department of Defense provides a wide range of resources to help service members and their families achieve financial stability and avoid financial pitfalls. As part of its ongoing Financial Readiness Campaign, the DoD is highlighting information and services to help military families create a plan for financing a college education.

Good Debt Enhances Earning Potential Fact Sheet (PDF) - The Department of Defense provides a range of services to assist service members and their families in navigating today's complex financial environment and to help them achieve financial stability. As part of its ongoing Financial Readiness Campaign, DoD conducts regular outreach to educate military audiences about various financial readiness topics and to raise awareness about available financial readiness services and support. Investing in education is a positive use of debt and an investment in the future to expand job opportunities and increase earning potential.

Helping Youth Plan for a Positive Financial Future
(PDF) - The ability for military youth to plan for their future and make sound financial decisions contributes to the overall readiness of the service member and the entire family. As part of its ongoing Financial Readiness Campaign, the Department of Defense educates military audiences about various financial readiness topics and raises awareness about available financial readiness services and support, including information and resources to help military youth make smart financial decisions as they move into adulthood.

Military Family Month Fact Sheet
(PDF) - Each year in November, communities around the world observe Military Family Month. It is a time to celebrate the contributions of military families and convey to them respect and appreciation for the sacrifices they make to support their service members. Military communities typically organize special events to recognize their local military families.

Military Saves Fact Sheet (PDF) - Military Saves Week is Feb. 24 - March 1, 2014 and is co-sponsored by the Consumer Federation of America and the Department of Defense. While Military Saves is an ongoing campaign, the Office of the Secretary of Defense, the Departments of the Army, Navy, Marine Corps and Air Force, and the National Guard Bureau, formally support the campaign during Military Saves Week. The theme for Military Saves 2014 is "Set a Goal, Make a Plan, Save Automatically."

Military OneSource Tax Services Fact Sheet (PDF) - In recognition of the complicated nature of filing taxes as a military service member and in support of financial readiness, the Department of Defense (DoD) offers tax consultation and e-filing services through Military OneSource at no cost to service members and their families.

Military OneSource Tax Services Flier
(PDF) - Are you overwhelmed at the thought of doing your taxes? Worried about getting them done right? Not sure where to begin? Military OneSource can help! Military OneSource offers valuable tools and information to ease your tax time worries with tax consultation and e-filing services provided at no cost to service members and their families.

Money and Budgeting Fact Sheet (PDF) - Military life, including frequent moves and deployments, presents special financial challenges for service members and their families. In recognition of these challenges, the Department of Defense provides a range of services and support that helps service members and their families achieve financial stability and avoid financial pitfalls. As a part of its ongoing financial readiness campaign, the DoD is highlighting information and resources related to money and budgeting.

Network Literacy Fact Sheet (PDF) - Citizenship in the Internet era, as well as full participation in 21st-century economic, social and political life, demands new forms of literacy. The Internet is a decentralized, global network of interlinked computing devices that has revolutionized the way people communicate, teach, learn, entertain, organize, conduct research, publish, transact and promote. Developing network literacy is a continuous process of becoming comfortable and proficient with a variety of tools to use and participate in interactive online environments.

Planning for Retirement Fact Sheet (PDF) - The complexity of today's financial environment combined with the realities of military life, including frequent moves and deployments, present special financial challenges for service members and their families. As part of its Financial Readiness Campaign, the Department of Defense (DoD) promotes retirement planning as a cornerstone of financial readiness and long-term financial security. The DoD offers service members and their families a wide range of tools and resources to help them plan and save for retirement, thereby promoting both financial and overall mission readiness.

Reducing Dependency on Debt (PDF) - The complexity of today's financial environment combined with the realities of military life, including frequent moves and deployment, present special financial challenges for service members and their families. In recognition of these challenges, the Department of Defense provides a range of tools and services to help service members and their families reduce their dependency on debt and achieve their savings goals.

Roth TSP Fact Sheet (PDF) - The Thrift Savings Plan allows service members and federal government employees to make pre-tax contributions to a retirement savings account. With the passage of the Thrift Savings Plan Enhancement Act in 2009, TSP participants can now make after-tax contributions as well. Using the new Roth TSP feature, service members may elect to have their TSP account contributions taxed up front instead of at the time funds are withdrawn.

Savings Goals Fact Sheet (PDF) - The complexity of today's financial environment combined with the realities of military life, including frequent moves and deployment, present special financial challenges for service members and their families. In recognition of these challenges, the Department of Defense provides a range of services and support that help service members and their families achieve financial stability and avoid financial pitfalls. Many of those resources and services are geared towards helping service members and their families create spending plans that will help them meet both short- and long-term savings goals.

Teaching Finances to Children (PDF) - In recognition of today's complex financial environment and the realities of military life, the Department of Defense provides a wide range of resources to help service members and their families achieve financial stability and avoid financial pitfalls. As part of its ongoing Financial Readiness Campaign, the DoD is highlighting the importance of teaching good financial management skills to children and the resources available to help them develop these skills.

 

 

 

 


THE LATEST

The Latest - The Savings Deposit Program With the rapidly rising cost of college and the growing income gap between high school and college graduates, it's a good idea to start saving early for your children's education. A 529 plan is a tax-advantaged educational savings plan operated by states and educational institutions. You can start a 529 plan as soon as your child is born. Research your options and start saving today!

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