Military Monday – Military Money News You Can Use
It’s Monday, so I wanted to give you some military-specific financial news that you can use. Click on the titles to read the articles, but I summarize the content below each link so you’ll know which ones interest you.
This is a DoD news article about how Congress has passed the Fiscal Year 2019 National Defense Authorization Act. It raises service member pay by 2.6 percent, the largest raise in nine years. It also makes the other financial changes summarized in this post.
This article is another summary of the NDAA and its impacts, which include the pay raise discussed above and:
- No new TRICARE fees
- No reduction in Basic Allowance for Housing
- Provisions affecting military families such as spouse employment, children’s education, and other facets of military life
The details are in the article.
Some military families have experienced delays in getting their household goods this summer. If your belongings are delayed, you can file an inconvenience claim with the transportation service provider. These claims are separate from the claims for reimbursement for damage or loss to household goods that’s discovered at delivery, although both are filed with the transportation service provider.
Apparently the PCS move season has not been going smoothly, as detailed in this article about a shortage of movers.
More NDAA stuff discussed here, including:
- New dental plan options for active-duty families
- Service members Group Life Insurance (SGLI) is automatic during combat deployments
- Commissary and MWR access for more veterans
- Employment help for military spouses
This article goes over all the travel benefits for military families, like free TSA Precheck, military discounts, and the major airlines’ military baggage policies. It also reviews some of the credit cards that are best for military travelers.