Mil Money

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

Military to offer tax-saving health care accounts for troops

These accounts can help troops save an average of 30% on unreimbursed health care expenses.

10 days ago

Enlisted leaders urge lawmakers to fully fund troop housing allowance

Bringing back 100% funding for BAH would have a big impact on troops, the military's senior enlisted advisers told lawmakers.

5 weeks ago

Mil Money

Military issues new details on reimbursing pet travel costs

Troops can receive up to $2,000 for transporting one pet to or from overseas during a permanent change of station.

Children greet war veterans arriving for ceremony at the Pegasus Bridge memorial in Benouville, Normandy, Monday June 5, 2023.

From pancakes to pizza, Veterans Day deals can save you some dough

Every dollar — and every gesture of appreciation — counts for veterans.

4 months ago

Troops’ best defense against fraud is in jeopardy, advocates warn

“The thought of CFPB going away is frightening,” one advocate told senators.

4 months ago

Thrift Savings Plan rule change aimed at spurring savings growth

The Federal Employees Retirement System provides benefits from a Basic Benefit Plan, Social Security and the Thrift Savings Plan.

4 months ago

Saving money: Enrollment starts soon for this new military benefit

Here's how the new dependent care flexible spending accounts will work for military families.

5 months ago

Do these computers sold at Navy Exchanges pose a cyber threat?

Lawmakers say the exchange shouldn't sell the computers to service members or incentivize "purchases with tax-free, discounted prices."

5 months ago

Child care fees plunge for many military families

The cost of child care is going down for many military families. In some cases they will be paying 30% to 40% less.

5 months ago

Federal, military credit unions offer shutdown financial assistance

Senate Democratic leaders and House Speaker Kevin McCarthy, R-Calif., face a looming Oct. 1 deadline to avoid a government shutdown

6 months ago

Military pay could be a casualty of looming government shutdown

Lawmakers are warning that a political budget fight could have severe financial consequences for troops and their dependents.

6 months ago

Rates for Tricare premium plans on the rise again

Increase in rates for Tricare Young Adult Prime is especially stunning, one advocate says.

6 months ago

Military families stretch their grocery dollars with September deals

Baby products, toilet paper, cleaning products, pet food, and more will be offered at extra savings at commissaries in September.

7 months ago