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Resources
Finances
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5 Ways Military Families Can Create a Budget
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An Overview of VA Home Loans
For veterans and active duty military personnel, a VA loan can be the most flexible home financing option available. Zero down payments, no private mortgage insurance, relaxed qualifying standards, and low interest rates are some of the benefits enjoyed by VA mortgage holders.
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Association of Military Banks of America (AMBA)
Financial education materials, resources and links.
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Better Business Bureau (BBB)
Information that protects servicemembers from unscrupulous businesses, BBB reliability reports, BBB Auto Line, BBB Military Line and dispute resolution services.
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Compensation and Pension Benefits
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Defense Finance and Accounting Service (DFAS)
Defense Finance and Accounting Service (DFAS) is an agency that provides finance and accounting services for the civil and military members of the Department. DFAS pays all DoD military and civilian personnel, retirees and annuitants, as well as major DoD contractors and vendors.
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DFAS on YouTube
The Defense Finance and Accounting Service (DFAS) has launched its own YouTube channel to provide useful information to payroll customers. The DFAS YouTube channel current offers one video on accessing the myPay online pay management system. Future videos are planned on completing travel vouchers, reading Leave and Earnings Statements, and managing pay allotments.
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Disability Compensation
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Know Your Options
Fannie Mae teams with the U.S. Army to help servicemembers who are struggling with their mortgage payments avoid foreclosure. 877-MIL-4566
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Military Pay Calculator
You can estimate your gross monthly income by rank location or duty, see how much you'll make at your next duty station, or find out how much your next promotion is worth.
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Military.com - Military Taxes: Combat Zone Exclusion
If you are a member of the U.S. Armed Forces who serves in a combat zone , you can exclude certain pay from your income.
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Military.com Finance Center
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MilitaryConnection.com
Government jobs, up-to-date information on military schools, federal jobs, as well as military loans and detailed information on military pay charts. Our online directories of resources and information feature vital information on military education and benefits including the GI Bill, employment opportunities, the latest military job postings, pay charts and salary calculators.
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MyMoney.Gov
MyMoney.gov is the U.S. government's website dedicated to teaching all Americans the basics about financial education. Whether you are buying a home, balancing your checkbook, or investing in your 401(k), the resources on MyMoney.gov can help you maximize your financial decisions. Throughout the site, you will find important information from 20 Federal agencies and Bureaus designed to help you make smart financial choices.
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myPAY
myPAY allows you to manage your pay information, leave and earning statements, W-2's and more - brought to you by DFAS...
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National Endowment For Financial Education
The mission of the National Endowment for Financial Education is to help individual Americans acquire the knowledge and skills necessary to take control of their financial destiny. NEFE is the only private, nonprofit, national foundation wholly dedicated to improving the financial well-being of all Americans.
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Retirement Calculator
Each retirement calculator estimates retired pay during retirement years. You can personalize the inputs to reflect your expectations about your retirement and economic conditions.
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Thrift Savings Plan
Retirement savings plan for military personnel offers tax-free investments prior to withdrawal of funds.
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Top Tax Tips for Military Personnel
There are a number of unique credits and deductions available to servicemembers. This article will focus on the deductions available to military families for 2009.
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VA Loan Guaranty Program
Mortgage loans backed by the Department of Veterans Affairs (VA) make home ownership more affordable for veterans, active-duty members, and some surviving spouses by protecting lenders from loss if the borrower fails to repay the loan. More than 90 percent of VA-guaranteed loans are made without a down payment. To obtain more information about the VA Home Loan Guaranty Program, Veterans can call VA at 1-877-827-3702 or visit the VA Loan Guaranty Service website.
