Financial literacy of career military studied by First Command
A veteran and service member-focused wealth manager is calling for more partnership with the private sector to boost understanding of money matters.
Source: financial-planning.com
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Report: Demand Stays Strong For Permanent Life Insurance In Military
Demand is staying strong for permanent life insurance in career military families, according to the latest findings of the First Command Financial Behaviors Index ®. First Command's 11th annual life insurance survey reveals that 80 percent of middle-class military families own some form of permanent life coverage. “Military families continue to show...
Source: insurancenewsnet.com
Seeking a Financial Coach? Here's What Military Families Should Know
Military families who partner with a financial coach are more prepared for their financial future. (Stock photo) 16 Mar 2021 Military families have been hit just as hard as their civilian counterparts over the last year. While active-duty service members didn't see a reduction in pay, many military spouses did, as did National Guard and Reservists. Heading into 2021, the slight pay raise was welcome but then negated as the payroll tax deferment repayment kicked in at the same time. However, it's not all bad news for military families looking to take a step forward financially this year. The F...
Source: military.com