Mil Money

DoD to offer tax-saving child care accounts, other benefits for troops

Defense officials have announced measures to address family needs in child care, parental leave, education and career advancement for military spouses.

9 days ago

Commissary director to leave post March 31

When he was hired more than two year's ago, Bill Moore's mandate was to bring the stores 'into the 21st century.'

3 weeks ago

Troops will get part of a $5M settlement in alleged title loan scam

Vehicle title loans to military troops and dependents are prohibited by law, period. Feds allege TitleMax doctored information about military status.

Troops will get an extra $100,000 in life insurance coverage March 1

Troops will automatically get $500,000 life insurance coverage, even if they previously reduced or declined SGLI, and must take action to opt out.

5 weeks ago

Nearly half of junior enlisted spouses coped with food insecurity

Higher percentages of Marine Corps and Army spouses reported food insecurity, in the DoD survey.

6 weeks ago

New program opens up more jobs for overseas military spouses

Military spouses can be hired quicker overseas using this new hiring authority, some DoD agencies say.

7 weeks ago

How to use VA disability benefits to pay for dependents’ education

DEA benefits can be a smart way to pay for dependents' schooling.

2 months ago

Very few low-income troops eligible for Basic Needs Allowance so far

"DoD’s implementation of this benefit is inconsistent with congressional intent," said one military family advocate.

2 months ago

Troops earn more than civilians but are more likely to go hungry

The data suggest things that researchers just don't understand at this point.

2 months ago

Military spouses can now apply for ‘game changing’ employment program

DoD is paying spouses' salaries for a 12-week fellowship with private companies during the three-year pilot program.

3 months ago

More pharmacies rejoin Tricare network. Are there enough?

An additional 4,356 independent pharmacies will rejoin the Tricare retail pharmacy network, effective Jan. 15.

3 months ago

It’s official: Military spouses to get employment relief after moving

There are more than 132,000 active-duty spouses in occupations that require licensing.

3 months ago

Are spouses’ problems with license portability about to be solved?

A law awaiting the president's signature would make it easier for 132,000 active duty spouses to transfer their professional licenses when they PCS.

3 months ago

Roadblocks cleared for $6.2 billion reform of household goods moves

The transition is under way, but moves under the new system won't start until after this summer's peak season.

3 months ago

Military stores not immune to shortages of kids’ over-the-counter meds

While Army and Air Force Exchange Service stores are well-stocked, other exchange commands and commissaries report strains in their supply.

3 months ago

Congress approves construction of 14 more military child care centers

Congress wants to provide more child care for troops, but it will take time.

4 months ago

Historic boost in troops’ housing allowance set for 2023

As housing costs rise, troops will get the largest percentage increase in BAH in at least 15 years.

4 months ago

Lawmakers boost number of military families getting new allowance

Housing allowances will still bump most troops from qualifying for the new Basic Needs Allowance.

4 months ago

Troops are missing out on key interest rate savings, report finds

Fewer than 1 in 10 activated Guard and reserve members received an interest rate reduction on their eligible auto loans.

4 months ago

Troops to get historic boost in food allowance

Basic Allowance for Subsistence will see the biggest increase in more than 20 years.

4 months ago

Mil Money

From managing your finances, to buying a new car or home, Mil Money provides advice to U.S. service members.

Defense officials have announced measures to address family needs in child care, parental leave, education and career advancement for military spouses.

When he was hired more than two year's ago, Bill Moore's mandate was to bring the stores 'into the 21st century.'

Vehicle title loans to military troops and dependents are prohibited by law, period. Feds allege TitleMax doctored information about military status.

Troops will automatically get $500,000 life insurance coverage, even if they previously reduced or declined SGLI, and must take action to opt out.

Higher percentages of Marine Corps and Army spouses reported food insecurity, in the DoD survey.

Military spouses can be hired quicker overseas using this new hiring authority, some DoD agencies say.

DEA benefits can be a smart way to pay for dependents' schooling.

"DoD’s implementation of this benefit is inconsistent with congressional intent," said one military family advocate.

The data suggest things that researchers just don't understand at this point.

DoD is paying spouses' salaries for a 12-week fellowship with private companies during the three-year pilot program.

An additional 4,356 independent pharmacies will rejoin the Tricare retail pharmacy network, effective Jan. 15.

There are more than 132,000 active-duty spouses in occupations that require licensing.

A law awaiting the president's signature would make it easier for 132,000 active duty spouses to transfer their professional licenses when they PCS.

The transition is under way, but moves under the new system won't start until after this summer's peak season.

While Army and Air Force Exchange Service stores are well-stocked, other exchange commands and commissaries report strains in their supply.

Congress wants to provide more child care for troops, but it will take time.

As housing costs rise, troops will get the largest percentage increase in BAH in at least 15 years.

Housing allowances will still bump most troops from qualifying for the new Basic Needs Allowance.

Fewer than 1 in 10 activated Guard and reserve members received an interest rate reduction on their eligible auto loans.

Basic Allowance for Subsistence will see the biggest increase in more than 20 years.