Everything seems up in the air right now because of COVID-19. Schools have canceled classes or have moved to an online setting. And because of this, student veterans are going to be impacted. The good news is that there is legislation that will help. The Student Veteran Coronavirus Response Act of 2020 was introduced in… Read more »
If you are getting out of the military sometime soon, you need to understand what will happen with your healthcare, and what your options are. You won’t be able to keep TRICARE, at least in its current form, forever. Here are your healthcare options after the military. Healthcare After The Military There are different options… Read more »
Maximizing Your Thrift Savings Plan Retirement Fund All government employees are uniquely positioned to set themselves up for a great retirement. How? Through the Thrift Savings Plan (TSP). The TSP offers the same type of savings and tax benefits that many private corporations provide their employees under their 401-K plans. (Learn the full ins and… Read more »
One part of being a service member is receiving the right benefits and compensation based on your experiences in the military, any disability you have, and any injuries you sustained. It is important for veterans to know what the VA disability benefits and compensation is all about.
BAS is one of the regular pays a service member will receive. Unlike BAH or their basic pay, there can be a few restrictions on when you will receive BAS. Here is what you need to know about BAS. What is BAS? BAS stands for Basic Allowance for Subsistence. This pay is meant to offset… Read more »
With the Unemployment Compensation for Ex-Servicemembers Program (UCX) you can qualify for unemployment benefits once your time in the military is over. The program itself is administered by each state, as agents of the federal government. How Do I Qualify for Unemployment Compensation as a Veteran? To qualify you will have needed to have served… Read more »
Typically while serving in the military you are paid on the 1st and 15th of every month. However, due to weekends and holidays, the actual military pay dates may vary. Check this list of military pay dates to know when you will be paid. In some cases, the time between pay periods may be longer than usual, then you will need to adjust your budget accordingly.
If you bank with USAA you can get paid early. Typically you will receive your pay a full business day before regular payday. This means that sometimes you will receive your pay on a Friday when regular military payday is Monday. Find and compare the standard military pay dates and USAA pay dates.
Navy Federal Pay Dates 2021 One benefit of being a Navy Federal Credit Union member is having funds made available early. Find the standard military pay dates and Navy Federal pay dates below. Military Pay Dates The military pays on the 1st and 15th of every month. Everyone knows that! But what if the actual… Read more »
If you are thinking about joining the National Guard or the Reserves, you might be wondering how National Guard pay or Reserve pay works. Serving in the National Guard and Reserves can be quite different than serving in the active duty military. You have your monthly drills, your annual training, and anything else the military… Read more »
The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal employees. The plan is also available for members of the uniformed services, including the Ready Reserve. The Thrift Savings Plan was established by Congress in the Federal Employees’ Retirement System Act of 1986. The TSP offers the same type of savings… Read more »
The Blended Retirement System (BRS) was created with the Fiscal Year 2016 National Defense Authorization Act. What is the Blended Retirement System? The BRS is a new military retirement system. The new system blends the traditional legacy retirement pension with a defined contribution benefit. This benefit is applied to the service member’s Thrift Savings Plan… Read more »