31 October 2014 Military Pay

October 24, 2014 | Kate Horrell

The next regular, active duty military payday is Friday, 31 October 2014 because 1 November 2014 falls on a Saturday.  When will you actually get paid?  That depends on your bank, its policies, … [Read more...]

2015 IRA Contribution Limits

October 23, 2014 | Kate Horrell

In conjunction with the annual Cost of Living Adjustment calculations, the Internal Revenue Service (IRS) has announced that there will be no changes to the annual contribution limits and additional … [Read more...]

2015 TSP Contribution Limits

October 23, 2014 | Kate Horrell

Quick on the heels of the official Cost of Living Adjustment announcement has come the new contribution limits for tax-advantaged retirement accounts.  These rules apply to both military and civilian … [Read more...]

2015 COLA For Government Payments.

October 22, 2014 | Kate Horrell

Every year, most federal payments are adjusted  by an increase called a Cost of Living Adjustment (COLA).  This amount is calculated based upon statistics called the Consumer Price Index (CPI). … [Read more...]

Kate Is Clueless: Post Office Frustrations

October 21, 2014 | Kate Horrell

I wonder... do you think that military families mail more packages than civilian families?  It sure feels that way to me.  And it also feels like no matter what box I use, what method of shipment I … [Read more...]

Resources for Understanding Your Pay

October 20, 2014 | Kate Horrell

On Friday, one of the other money pages here at Military.com featured this question:  "How can we help our son figure out military pay?"  I thought the answer missed many of the resources that are … [Read more...]

Thrift Savings Plan: The Basic Facts

October 17, 2014 | Kate Horrell

One of the many benefits of serving in the military is the ability to contribute to the Thrift Savings Plan (TSP). TSP is a employer-sponsored retirement program similar to 401(k)s offered by private … [Read more...]

Navy Federal Hosting A Shred Day

October 16, 2014 | Kate Horrell

On Saturday, 18 October 2014, 74 Navy Federal Credit Union locations around the country will be welcoming members and neighbors to it's free personal document shredding event.  A full list of … [Read more...]

Florida Virtual School for Military Families

October 15, 2014 | Kate Horrell

I've just learned about another great resource out there.  This one is FREE for Florida residents, and available for a charge to non-residents.  Considering how many military families maintain … [Read more...]

Miles for Military by Operation Homefront

October 14, 2014 | Kate Horrell

Thanks to a generous donation from Quicken Loans, Operation Homefront is able to offer free airfare for up to 400 military members to travel during this holiday season.  You can also request airfare … [Read more...]

Travel Reg Changes Affect Long Trips

October 13, 2014 | Kate Horrell

If your job sends you on long-term temporary duty, changes to the travel regulations will impact your reimbursements, especially when that temporary duty (TDY) exceeds 30 days.  They all seem like … [Read more...]

Military Survivors’ Benefits

October 09, 2014 | Kate Horrell

The Department of Defense (DoD) is always trying to improve the way it helps the surviving family members of those who died while in military service.  The Survivor's Guide to Benefits gathers all … [Read more...]

A REAL Way to Save Military Families $$

October 08, 2014 | Kate Horrell
AAFES Shoppette

As you might have noticed, I am a little riled up about the proposed changes to the Military Lending Act (MLA).  According to supporters of these changes, the Department of Defense (DoD) has an … [Read more...]

Overwhelmed By Budgeting? Try This

October 07, 2014 | Kate Horrell
15 minute budget

A lot of budgeting advice makes it seem like a huge task:  gather your bank records and credit card statements for the last twelve months, sort everything into categories, and then make a spending … [Read more...]