Mil Money

Troops to get historic boost in food allowance

Basic Allowance for Subsistence will see the biggest increase in more than 20 years.

25 hours ago

Allowance for the most at-risk military families begins to take shape

Fewer military families may qualify for the stipend because their housing allowances will count as income,

5 days ago

Your Military

Today’s ‘Battle of military relief societies’ helps troops, families

A Giving Tuesday donation to the military relief society of choice will be doubled today, helping troops and their families.

Black vets earn more than civilian peers, but not as much as whites

While military service hurts career earnings for white men, it provides a significant benefit to other groups.

4 weeks ago

Tricare fee increases for 2023 revealed

Tricare costs are going up for some, depending on the beneficiary's status.

4 weeks ago

Veterans Day freebies await, from doughnuts to gym memberships

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

4 weeks ago

Feds to vets: Beware of scammers charging you to file for benefits

'These companies are making millions off of our veterans.'

5 weeks ago

More than 70 new employers join the push to hire military spouses

This brings the number of employers specifically seeking to hire military spouses to more than 600.

6 weeks ago

Military exchanges team up with Home Depot to sell, deliver appliances

"Our customers deserve this": Military exchange officials say Home Depot partnership can help improve the delivery of major appliances for their customers.

6 weeks ago

Navy reports progress in clearing DD-214 backlog

The service released a plan to address such issues this summer.

7 weeks ago

Big changes in your savings plan have taken effect

There are more options for saving in your Thrift Savings Plan, but there are costs.

8 weeks ago

Troops to receive $3.5 million in settlement over vehicle leases

DoJ's investigation started with a soldier's complaint about the bill for $15,093.71 he received while on deployment, after terminating his vehicle lease.

2 months ago

This Coast Guardsman became a millionaire with his Thrift Savings Plan

This military TSP millionaire said his parents encouraged him to start saving part of his salary early, and it's paid off for him.

2 months ago

Feds allege online lender ‘overcharged and deceived’ troops, families

Troops had to agree to a monthly membership fee before they could get a loan, feds allege.

2 months ago

Here’s how DoD is helping commissary shoppers save more money

More details emerge on how DoD is upping the overall commissary savings to 25%.

2 months ago

Nearly 14,000 community pharmacies leaving Tricare network next month

Nearly 400,000 beneficiaries, or roughly 4% of the Tricare-eligible population, will be affected by the change.

3 months ago

DoD ponders one-time payments to lower ranks to ease economic stress

High-level discussions are underway about a one-time payment to help lower-paid military families deal with inflation struggles.

3 months ago

Will roadblocks end soon for military household goods contract?

A court decision is expected soon on the new military household goods contract.

3 months ago

Veterans hunger bill aims to connect those in need with more resources

One in 10 working-age veterans lived in food-insecure households between 2015 and 2019, including 5% in households with the most severe level of hunger.

3 months ago

Military spouse unemployment financial fallout is far-reaching

Active duty spouses have saved a small fraction of what they'll need in retirement, according to a new report.

3 months ago

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

Basic Allowance for Subsistence will see the biggest increase in more than 20 years.

Fewer military families may qualify for the stipend because their housing allowances will count as income,

A Giving Tuesday donation to the military relief society of choice will be doubled today, helping troops and their families.

While military service hurts career earnings for white men, it provides a significant benefit to other groups.

Tricare costs are going up for some, depending on the beneficiary's status.

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

'These companies are making millions off of our veterans.'

This brings the number of employers specifically seeking to hire military spouses to more than 600.

"Our customers deserve this": Military exchange officials say Home Depot partnership can help improve the delivery of major appliances for their customers.

The service released a plan to address such issues this summer.

There are more options for saving in your Thrift Savings Plan, but there are costs.

DoJ's investigation started with a soldier's complaint about the bill for $15,093.71 he received while on deployment, after terminating his vehicle lease.

This military TSP millionaire said his parents encouraged him to start saving part of his salary early, and it's paid off for him.

Troops had to agree to a monthly membership fee before they could get a loan, feds allege.

More details emerge on how DoD is upping the overall commissary savings to 25%.

Nearly 400,000 beneficiaries, or roughly 4% of the Tricare-eligible population, will be affected by the change.

High-level discussions are underway about a one-time payment to help lower-paid military families deal with inflation struggles.

A court decision is expected soon on the new military household goods contract.

One in 10 working-age veterans lived in food-insecure households between 2015 and 2019, including 5% in households with the most severe level of hunger.

Active duty spouses have saved a small fraction of what they'll need in retirement, according to a new report.