4 October 2010 Military Report

Our weekly financial news from the Military.com 4 October 2010 Military Report:

Free Stays for Veterans Day – A West Virginia innkeeper recruited 400 inns and bed-and-breakfasts across the US and Canada as part of an initiative to offer free rooms to active duty servicemembers and veterans on November 10, the night before Veterans Day. More…

Fundraising for Vietnam Center – A major fundraising effort is under way to build an underground education center next to the Vietnam Veterans Memorial that will place faces and stories with the names etched in the smooth, black granite known simply as “The Wall.” More…

Got Questions About VA Loans? – Buying a home can be pretty confusing, especially if you’re trying to purchase with a VA Home Loan. Military.com, in partnership with Direct VA Loans from iFreedom Direct(R), has a new VA Home Buying video series to help you cut through the clutter and the process. More…

Hurricane and Disaster Preparedness – As hurricane season continues through November 30, keep three things in mind when preparing for hurricanes and other natural disasters: get a kit, make a plan, be informed. More…

Jump Start Your Earning Potential – You might think that it’s too late to take advantage of the economic forecasts, but it’s not. The GI Bill not only pays for traditional higher education but also many short-term licensure and certification programs. Higher education equals higher income potential. More…

More Navy PCS Funding – The Navy Personnel Command has received additional permanent-change-of-station funding, which should benefit Sailors detaching as far out as March 2011. More…

New Care Act and TRICARE Changes – The Patient Protection and Affordable Care Act took effect September 23 and provides new or expanded options and consumer protections for those with private health insurance coverage. More…

Plain Talk About Your Benefits – Terry Howell, Military.com’s benefit expert, has written “The Military Advantage, 2010 Edition: The Military.com Guide to Military and Veteran Benefits” in plain English and organized in a way that makes sense to you. More…

Program to Hire Airmen – The Individual Mobilization Augmentee program is set to hire 1,600 Airmen by September in positions opening worldwide in all career fields. Rather than serving one weekend a month and two weeks a year, IMAs have flexibility in scheduling their annual training requirements. More…

Senate Examines VA Disability Process – The U.S. Senate Committee recently held an oversight hearing on the existing VA process for presuming service-connection for veterans’ disabilities. More…

Spouse with ‘Spine of Steel’ Honored – Military.com and CincHouse.com presented the 2010 Spouse of the Year award to Carren Ziegenfuss Sept. 30 at a ceremony held at the Minuteman Memorial Building on Capitol Hill. More…

Stop-Loss Pay Deadline Extended – Eligible servicemembers, veterans and family members cannot afford to miss out on this opportunity to get the compensation they’ve earned. More…

Tips on Avoiding Identity Theft – The Defense Department is urging servicemembers to be aware of identity theft by joining with the Federal Trade Commission on its “Deter, Detect and Defend” campaign. More…

VA COLA Hoax – According to the Military Officers Association of America, an e-mail has been making the rounds which claims that new legislation will increase veterans’ disability compensation by more than 100 percent. More…

VA Streamlines Disability Compensation – The VA has published a final regulation in the Federal Register that makes it easier for Veterans to obtain health care and disability compensation for nine diseases associated with service in Southwest Asia or Afghanistan. More…

About the Author

Kate Horrell
Kate Horrell is a military financial coach, mom of four teens, and Navy spouse. She has a background in taxes and mortgage banking, and a trove of experience helping other military families with their money. Follow her on twitter @realKateHorrell.