Mil Money

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

Very few low-income troops eligible for Basic Needs Allowance so far

"DoD’s implementation of this benefit is inconsistent with congressional intent," said one military family advocate.

2 days ago

Troops earn more than civilians but are more likely to go hungry

The data suggest things that researchers just don't understand at this point.

9 days ago

Mil Money

Military spouses can now apply for ‘game changing’ employment program

DoD is paying spouses' salaries for a 12-week fellowship with private companies during the three-year pilot program.

More pharmacies rejoin Tricare network. Are there enough?

An additional 4,356 independent pharmacies will rejoin the Tricare retail pharmacy network, effective Jan. 15.

2 weeks ago

It’s official: Military spouses to get employment relief after moving

There are more than 132,000 active-duty spouses in occupations that require licensing.

3 weeks ago

Are spouses’ problems with license portability about to be solved?

A law awaiting the president's signature would make it easier for 132,000 active duty spouses to transfer their professional licenses when they PCS.

3 weeks ago

Roadblocks cleared for $6.2 billion reform of household goods moves

The transition is under way, but moves under the new system won't start until after this summer's peak season.

3 weeks ago

Military stores not immune to shortages of kids’ over-the-counter meds

While Army and Air Force Exchange Service stores are well-stocked, other exchange commands and commissaries report strains in their supply.

4 weeks ago

Congress approves construction of 14 more military child care centers

Congress wants to provide more child care for troops, but it will take time.

6 weeks ago

Historic boost in troops’ housing allowance set for 2023

As housing costs rise, troops will get the largest percentage increase in BAH in at least 15 years.

6 weeks ago

Lawmakers boost number of military families getting new allowance

Housing allowances will still bump most troops from qualifying for the new Basic Needs Allowance.

7 weeks ago

Troops are missing out on key interest rate savings, report finds

Fewer than 1 in 10 activated Guard and reserve members received an interest rate reduction on their eligible auto loans.

7 weeks ago

Troops to get historic boost in food allowance

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

8 weeks 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,

8 weeks ago

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.

8 weeks ago

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.

3 months ago

Tricare fee increases for 2023 revealed

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

3 months ago

Veterans Day freebies await, from doughnuts to gym memberships

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

3 months ago

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

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

3 months 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.

3 months ago