Category Archives: Money

Prorated Imminent Danger Pay starts this month

Starting this month, some troops will begin receiving less Imminent Danger Pay when a new policy takes effect that will prorate the standard $225 monthly IDP stipend.

Posted in Money | Tagged , | Leave a comment

Early-outs slash O-5 SERB eligibility

Of more than 300 lieutenant colonels who faced a selective early retirement board this year, 38 percent volunteered to leave on their own.

Posted in Money | Tagged , | Leave a comment

Cyber criminals launch broad phishing attack

Cyber criminals launched a “particularly insidious” phishing attack this week targeting about 100 banks, according to USAA’s top security official.

Posted in Money | Tagged , | Leave a comment

Congressmen want military foreclosures probe

RALEIGH, N.C. — Two North Carolina congressmen are calling on the Justice Department to investigate and prosecute any violations of a law designed to protect service members from losing their homes while overseas. Reps. Brad Miller and Walter Jones sent … Continue reading

Posted in Money | Tagged , | Leave a comment

Senate moves to help some guardsmen on BAH cuts

The Senate approved an amendment Thursday that will help up to 800 National Guard members deployed in Afghanistan whose pay was cut up $1,000 when they were mobilized under federal status.

Posted in Money | Tagged , | Leave a comment

Senator blasts tax credits in vets jobs bill

Congress is poised to pass a new tax credit aimed at encouraging companies to hire veterans, but a key senator says the incentive won’t accomplish its intended purpose.

Posted in Money | Tagged , | Leave a comment

Honor veterans by helping legitimate charities

There are many ways we honor members of the armed services. We rise and applaud them at sporting events, wiping our eyes at the sight of muscular young men with prosthetic legs. We hang banners from overpasses, welcoming home local … Continue reading

Posted in Money | Tagged , | Leave a comment

Free credit help for Tricare users in data loss

One year of credit monitoring and restoration services will be offered to any of the 4.9 million patients treated at military hospitals and clinics in San Antonio over the past 20 years who have concerns about their credit in the … Continue reading

Posted in Money | Tagged , | Leave a comment

Senate approves COLA increase for disabled vets

The Senate moved Wednesday night to make sure disabled veterans receive the same 3.6 percent cost-of-living adjustment as Social Security beneficiaries and military retirees, but in typical congressional fashion it’s not yet a sure thing.

Posted in Money | Tagged , | Leave a comment

Military retirees’ COLA to rise by 3.6 percent

After two years of having no annual adjustment, military retirees will receive a 3.6 percent cost-of-living adjustment effective Dec. 1.

Posted in Money | Tagged , | Leave a comment