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The military's Blended Retirement System (BRS), implemented in 2018, allows service members to receive government matches on their Thrift Savings Plan (TSP) contributions, similar to a 401(k).
Active-duty military members can invest in real estate through VA loans, which require no down payment and have lenient credit requirements.
The Servicemembers Civil Relief Act (SCRA) of 2003 caps interest rates on existing debts and loans for active-duty military personnel at 6% per year during their military service and for a year afterward.
Military spouses can transfer their education benefits to their spouse or children, thanks to the Post-9/11 GI Bill.
The Military Lending Act (MLA) protects active-duty service members and their dependents from predatory lending practices, capping loans at a 36% Military Annual Percentage Rate (MAPR).
The Survivor Benefit Plan (SBP) is an annuity that provides a monthly payment to eligible beneficiaries of a retired service member, ensuring continued income for the next of kin.
The Uniformed Services Employment and Reemployment Rights Act (USERRA) protects the job rights of uniformed service members and veterans, providing them with reemployment rights and prohibiting discrimination based on military service.
The Transition Assistance Program (TAP) offers workshops, counseling, and employment assistance to help service members and their spouses transition from military to civilian life.
Military Star Card, issued by the Army and Air Force Exchange Service (AAFES), offers competitive interest rates, no foreign transaction fees, and rewards for military members and their families.
The Department of Veterans Affairs (VA) offers adapted housing grants, including Specially Adapted Housing (SAH) and Special Housing Adaptation (SHA) grants, to eligible veterans with service-connected disabilities.
The Family and Medical Leave Act (FMLA) allows eligible employees, including those in the military, to take up to 12 weeks of unpaid leave for specified family and medical reasons.
The Combat-Injured Veterans Tax Fairness Act of 2016 ensures that disabled veterans do not pay taxes on their disability severance pay dating back as far as January 1991.
Military OneSource is a free service provided by the Department of Defense (DoD) that offers resources, including non-medical counseling, financial consulting, and legal assistance, for military members, their families, and survivors.
Under the SCRA, a mortgage lender cannot foreclose on a servicemember's primary residence without a court order if the servicemember is in military service or within 90 days of their discharge.
The National Call to Service program, part of the Montgomery GI Bill, offers educational benefits to those who commit to serving for a specific period in the military.
The Savings Deposit Program (SDP) allows deployed military members to allocate up to $10,000 in savings, earning a guaranteed 10% annual interest rate.
The Low-Income Home Energy Assistance Program (LIHEAP) provides financial assistance to eligible low-income military families struggling with home energy bills.
The Patient Advocate Foundation's Military and Veteran Services program offers financial and practical assistance to active-duty military personnel, veterans, and their families whose income falls below a certain threshold.
Military families can use the Military Child Care in Your Community portal (MCCYC) to search for and compare child care options, including those that accept military fee assistance programs.
The Military Tuition Assistance program (TA) covers up to 100% of tuition costs for active-duty service members, National Guard members, and reservists to pursue higher education during their service.