Category Archives: Money

Millions owed to families in foreclosure deal

The $25 billion nationwide foreclosure settlement announced Thursday by the Justice Department includes compensation for service members who have lost their homes to illegal foreclosures since 2006.

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New danger pay rules begin

Starting this month, thousands of airmen will suffer a modest pay cut because of a new policy that prorates monthly imminent danger pay, the first major overhaul of any hostile fire pay since World War II.

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Space-A planning makes its way to Facebook

Already pumped about your big summer trip? If you’re going to try to get to your planned destination using space-A, things may be a little easier next time you fly.

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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.

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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.

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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.

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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

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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.

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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.

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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

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