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SBP Payments Don’t Go On Forever

Military Family recently received a question from a reader about the Survivor Benefit Plan (SBP). The question involved the duration of SBP payments. The reader wanted to know how long her husband, an Air Force Retiree, would pay SBP premiums. Her husband is 78 years old and retired from the...
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Military Tax Break: Roll-over of SGLI and Death Gratuity to Roth IRA

Nobody likes to think about, or for that matter talk about, their own mortality. But, if something were to happen to you, you certainly would want your spouse to know about special tax benefits available to beneficiaries of Servicemembers Group Life Insurance (SGLI) and the military Death Gratuity. Also, if...
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Veteran’s Guide to Final Arrangements, Part 1: Burial Allowances

Death is a subject most people prefer to avoid, but talking about it can help you ease the strain on your family when the time comes. By discussing your wishes ahead of time, you can avoid leaving your loved ones unsure what you would have wanted, and you can ensure...
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More Free Veterans Day Opportunities!

After three days of Googling, calling companies and emailing we were still able to find a few more special offers for Veterans Day. In total over 41,000 locations across the United States, Canada, Australia, and New Zealand are honoring veterans with more than 125 opportunities. Today, in Part 4, More Free...
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Free and Discounted Veterans Day Opportunities! Part 3 In The Series

Are you looking for camping gear, home improvement items, a wedding dress or a dog, or basically anything else? Today’s article points you in the right direction for over 30 special offers (free and discounts) at 17,000 locations and online in Part 3 of the Veterans’ Day Benefits series. By...
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Advance Pay: The Payday Loan That Isn’t

Your PCS orders have finally arrived! Look out! Here comes your “friend” to give you the inside track on how to make a little money at the government’s expense. “Advance pay, man! It’s an interest-free loan from Uncle Sam! Invest it, dude, or get that computer you’ve been looking for. ...
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SGLI Is NOT Your Only “Life Insurance”

If you are on active duty, there is no doubt you are aware of your benefits under the Servicemembers Group Life Insurance (SGLI) program. SGLI is a great insurance product and an excellent benefit available to all servicemembers that pay for it. But, the government also provides insurance protection for those...
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14,000 Establishments Offering Meals, Desserts and Beverages this Veterans Day!

Yesterday in Part 1 of the Veterans Day series, we discussed free or discounted events at over 1,500 locations. The real big headline grabbers are always the free and discounted meals at over 14,000 locations. Depending on where you live, Veterans can start the day with a free breakfast and...
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The Thrift Savings Plan: What Is It and Why Do You Need It?

What is Thrift Savings Plan (TSP)? TSP is an account similar to a 401(k). Federal employees (including those in uniform) may participate in the TSP. Military members put pre-tax money into an account, and have the right to take the money out of the account at a certain point in...
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Casualty and Survivor Benefits

It is not easy to consider, but if you become disabled or are killed while on deployment, your family will be entitled to benefits from the Department of Defense and the Department of Veterans Affairs. Some benefits are automatic and some require your family to apply for them. Because of...
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