If a combat deployment is in your future, be sure to learn about the Department of Defense Savings Deposit Program, a savings account that earns you 10% interest, before you deploy. This program is an effective way to build up your savings to help you and your family achieve your financial goals.
New to the Military
Welcome to the service. You may feel like an outsider as you begin your military journey, but Military OneSource has the information, tools and resources you’ll need to transition smoothly and quickly to military life. Soon, things will feel old hat.
As an active-duty service member, you receive many benefits and entitlements like free access to Military OneSource services and support. One of the primary benefits to working in the military is a steady paycheck and tax-free allowances. Here’s a summary of the different military pay elements you might see on your monthly Leave and Earnings Statement.
Basic training varies by service branch, but it’ll help you to know these facts of military life before you report for duty. Own these 10 bits of advice from people who have been there.
Buying a car is a major purchase. There’s a lot to know – from sticker prices to auto loans to warranties. Avoid getting ripped off or buying more car than you need.
More than 80% of the U.S. military is made up of enlisted members, with officers making up the rest of the military population of the armed forces. Officers are trained to be managers and leaders. They plan missions, provide orders and assign tasks, while enlisted members are technical experts and leaders that hold the specific skills necessary to complete the mission.