New Rules for VA Loan Limits

The VA home loan benefit is one that most consumers would be thrilled to have; a mortgage loan with no down payment, no VA-required mortgage insurance, and the lower interest rates commonly associated with government-backed home loan programs. The VA loan program has weathered many difficult times including the housing crisis of 2008, for much of the…

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Understanding Military Pay

Military pay can be hard to understand-at first. There are several types of compensation that may affect a military member’s total pay; some of them are considered “special pay” for duty or qualifications that warrant additional pay in the eyes of the Department of Defense, while other pay may be added for all servicemembers on…

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Military Discounts: Automotive Discounts

2020 veterans and military discount list of hundreds of companies that offer military discounts to service members, retired military, veterans, spouses and their families. Advance Auto Parts 10% off regularly priced items for in-store purchases to customers who serve or have served our country’s Armed Services with ID. Anthem Wheels 15% discount on any set…

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Money for School: Federal Student Aid

The federal government offers several Student Financial Aid Programs. These programs offer you low interest loans and grants (free money) for school. Unlike the GI Bill, these programs are paid by the Dept. of Education through the school. Federal Student Aid is designed to assist you in meeting the cost of tuition, books, fees, and living expenses while you…

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Tricare: Supplemental Insurance

TRICARE is the United States Military health care program for military members and their families, providing worldwide, comprehensive healthcare coverage including health plans that meet the minimum requirements of the Affordable Care Act, plus prescriptions, dental plans, and special plans tailored for certain types of medical conditions or coverage requirements. The TRICARE system is managed by…

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Military Benefits: After Divorce

Military spouses determining their military benefits after divorce face a complex process of understanding both civil code and military regulations.  It is best for spouses to familiarize themselves with these matters before getting divorced, if possible, and to seek legal counsel for assistance. Survivor Benefit Plan (SBP) A former spouse can be designated as a…

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The Best Military Benefits

What are the best military benefits? The answer to that question likely depends on your focus. Those who are interested in education will have a higher priority in that area, but those who are more interested travel, living overseas, or buying a new home have different needs. In general, there are benefits that can help…

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Veteran ID Card: Is it worth it?

In case you haven’t heard, the Department of Veterans Affairs is offering veterans a free ID card which can be used to prove your veteran status when needed at businesses and other locations. The free ID card, which originally rolled-out in late November, was ordered by Congress in 2015 as a way to give veterans proof of service…

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