Mil Money

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

New military child care benefit to kick in starting January 1

Open season is over, but many troops with a qualifying life event may still be able to sign up for the new benefit.

32 hours ago

Santa’s elves are dropping into military communities everywhere

The Grinch, Santa and armies of others bring the holiday spirit into military communities.

8 days ago

Mil Money

Many military families to get a break on child care fees in 2024

With restructuring and reductions in fees, some military families will see a cut of more than 40%.

Financial troubles cloud enlisted retirement home’s future

Without financial fixes, the enlisted retirement home may not be able to serve its veteran residents in the future, a new watchdog report warns.

9 days ago

Troops’ housing allowances will get a 5% boost in 2024

Housing allowances on average will get a boost, but not the historic increase seen in 2023.

2 weeks ago

Feds crack down on dealer deceit, scams in car shopping

Rules will require more more transparency, helping consumers avoid paying for add-ons they don't want or need.

2 weeks ago

Don’t miss these military health care, child care deadlines

Dec. 11 is the deadline for enrolling in the new Dependent Care Flexible Spending Account and the federal dental and vision program.

3 weeks ago

Jill Biden helps launch new employer challenge for military spouses

The spouse employment initiative is an effort to "stave off a national security crisis."

3 weeks ago

Military aid societies battle for bragging rights on Giving Tuesday

The relief societies are competing to see who can raise the most donations in a single day.

5 weeks ago

‘A victory for all military spouses’ in court fight over job license

The lawsuit victory sets a precedent for other military spouses facing problems with job license portability.

6 weeks ago

App for ‘subletting’ child care slots expands to all Air Force bases

Families can save money by 'renting' their child care slot when they'll be away, and other families get needed short-term child care.

6 weeks ago

Open season is here for Tricare, dental and new child care accounts

Here's what you need to know about the open seasons for Tricare, dependent care spending accounts, and dental and vision plans.

6 weeks ago

Here are your new Tricare rates for 2024

Generally, if you paid out of pocket for Tricare this year, you'll be paying more in 2024.

7 weeks ago

Children greet war veterans arriving for ceremony at the Pegasus Bridge memorial in Benouville, Normandy, Monday June 5, 2023.

From pancakes to pizza, Veterans Day deals can save you some dough

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

7 weeks ago

Troops’ best defense against fraud is in jeopardy, advocates warn

“The thought of CFPB going away is frightening,” one advocate told senators.

8 weeks ago

Thrift Savings Plan rule change aimed at spurring savings growth

The Federal Employees Retirement System provides benefits from a Basic Benefit Plan, Social Security and the Thrift Savings Plan.

8 weeks ago

Saving money: Enrollment starts soon for this new military benefit

Here's how the new dependent care flexible spending accounts will work for military families.

2 months ago

Do these computers sold at Navy Exchanges pose a cyber threat?

Lawmakers say the exchange shouldn't sell the computers to service members or incentivize "purchases with tax-free, discounted prices."

3 months ago

Child care fees plunge for many military families

The cost of child care is going down for many military families. In some cases they will be paying 30% to 40% less.

3 months ago