When a service member receives a good or excellent rating for their time spent in the military, they can receive an honorable discharge, making them eligible for certain benefits and privileges. Here’s what you need to know. The Meaning of Honorable Discharge As the name implies, you can be awarded an honorable discharge when you […]
There are many credit card options that feature perks for being a military member. You will find military fee waivers offered by a variety of high-profile credit cards including American Express, which means you may be eligible to access high-value credit cards (assuming the applicant is otherwise financially qualified) that can push your access to […]
The Social Security Administration announced a 3.2% increase in the Cost-of-Living Adjustment (COLA) for 2024. 3.2% is a notable decrease from the 8.7% increase beneficiaries saw in 2023. COLA affects more than 71 million Americans, including Veterans receiving VA disability. Higher Inflation, Lower COLA 3.2% appears modest compared to 2023’s four-decade high of 8.7% and […]
A 3.2% increase was applied VA disability rates in 2024. It’s part of the 2024 cost-of-living adjustment announced by the Social Security Administration. These rates are current, and went into effect on December 1, 2023. You can also find your VA disability pay rate using our 2024 VA disability compensation calculator. History of VA Disability […]
The Biden-Harris Administration has released the President’s Budget for fiscal year 2025. A significant part of the new budget includes US Department of Defense Budget funding to protect America’s global interests. This budget also proposes critical funding to help the Veterans Administration continue providing more care and benefits to veterans than ever before. An Overview […]
Finding that special Valentine’s gift on a military budget isn’t always easy, and sometimes, a little creativity is needed along the way. A military discount helps, too, so with that said, here is a list of Valentine’s Day gift ideas that offer up a military discount as well. Valentine’s Day is Wednesday, Feb. 14th, 2024. […]
The Honoring our Promise to Address Comprehensive Toxics Act, commonly referred to as the PACT Act, was signed into law in 2022. It grants permanent VA healthcare eligibility to more than 3.5 million post-9/11 veterans. It declared 24 presumptive conditions tied to toxic exposure and established 31 new VA healthcare facilities while also granting VA […]
To help offset the skyrocketing costs to rent or purchase a home, the Department of Defense announced a 5.4% national average rate increase for Basic Allowance for Housing (BAH). This rate will be applied to all military branches starting on January 1, 2024. Although 5.4% does not appear significant compared to past BAH raises, it’s […]
DFAS reserve military pay dates are the first and 15th days of every month unless those dates fall on a weekend or holiday. Whenever a payday falls on a weekend or holiday, pay is issued on the last workday preceding the first and the 15th. Reserve members are paid twice a month. The 15th is […]
Support the military community this #GivingTuesday through your donations or by volunteering your time. Here are military and veteran charitable organizations to support this Giving Tuesday. Giving Tuesday will be on Tuesday, Dec. 3, 2024. Pay Away The Lay Away Military Benefits is proud to have partnered with Pay Away The Layaway to support military […]
The card_name’s unique combination of spending category bonuses and additional benefits makes it one of the best credit cards for military members who want travel rewards and dining and grocery perks. Overview of the American Express Gold Card The card_name is highly recommended for those looking to earn significant rewards for travel, dining, and grocery […]
The card_name offers a flat 1.5% cash back on all purchases with a $0 annual fee. It also offers a 0% intro APR on purchases and balance transfers for 15 months with a reg_apr,reg_apr_type APR after that. Rewards are easy to track and accumulate because there are no bonus or rotating categories to monitor or […]
The card_name is one of the most popular credit cards on the market. That’s because it offers several noteworthy travel-related perks ranging from a generous sign-up bonus and point accruals for travel and everyday purchases to several ancillary benefits that will enhance a veteran’s travel experience. The rewards are easy to earn, and redemption is […]
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