Viewing: Finances

Jun 26

June 26, 2018

Federal Tuition Assistance Changes for Army Branches

On 6 June 2018, The Secretary of the Army signed Army Directive 2018-09 (Army Tuition Assistance Policy) with an effective implementation date of 5 August 2018. This directive eliminates the one-year or ten-year wait to use Federal Tuition Assistance and applies to all Soldiers, regardless of component. Starting 5 August 2018, Soldiers will be eligible for two tiers of TA depending on their current level of civilian education. Tier 1: Soldiers who have a) not attained a bachelor’s degree and…

Posted in Education, Finances

Mar 29

March 29, 2018

Last minute tax resources

Still working on your taxes? Military OneSource is offering a Facebook Live session with tips for military as well as an open Q&A session through the MOS Facebook page.  Wednesday, April 4 at 1pm Service and Family Members, please click on the link below to register: https://www.facebook.com/events/381469248994563/.   Also, a local community partner has put together a helpful article explaining some of the recent tax changes. His contact information is available in the document, if you’d like to reach out…

Posted in Finances

Feb 6

February 6, 2018

Military Saves Week – 26Feb-3Mar

Military Saves is a campaign coordinated by the nonprofit Consumer Federation of America (CFA) and is dedicated to helping Service Members and their Families save money, reduce debt, and build wealth. Register online to participate! You can also sign up to receive daily text messages containing savings tips and advice. Quarterly newsletters and Resource Links can be found on the website as well. A program is also available for teens (ages 14+), Military Youth Saves (MYS), to encourage them to…

Posted in Finances

Jan 24

January 24, 2018

Financial Peace Military Edition – CO Springs

Mt Carmel Veterans Service Center is hosting Dave Ramsey’s Financial Peace Military Edition. This ten-week class will be held on Wednesday evenings from 6:30pm-8:30pm, February 21-April 25. Take a look at the Facebook invitation for more information or contact Mt Carmel Veterans Service Center at 719-309-4714. More can be found about the curriculum at https://www.daveramsey.com/military.

Posted in Community Event, Finances

Jan 16

January 16, 2018

Student Loan Interest Exemption during Qualifying Service

Service members are exempt from paying interest for up to 60 months on certain student loans while serving in an area that qualifies them for special pay. Service members and veterans may receive a refund if they overpaid interest during previous periods of qualifying service. The Department of Defense, Department of Education and Department of Veterans Affairs are working to inform eligible military borrowers of this benefit and how to take advantage. Check out the facts and learn how to…

Posted in Education, Finances, Military Appreciation

Jan 10

January 10, 2018

Military OneSource Free Tax Filing – Opens 17Jan18

Military OneSource offers free online tax filing services for Service Members and Families. The MilTax site launches January 17, 2018. Tax consultants are available to assist through the process: 800-342-9647.

Posted in Finances, Military OneSource

Nov 16

November 16, 2017

Consumer Holiday Guide 2017

Each year, the Attorney General publishes a Consumer Holiday Guide as we approach the holidays. Be aware and be informed this holiday season.

Posted in Community Resource, Finances

Aug 15

August 15, 2017

CONG Personal Financial Counselor

  Personal Financial Counseling is available to help Service Members and their Families manage finances, resolve financial problems, and reach long-term goals such as getting an education, buying a home, and planning for retirement. Financial Counselors are also trained and available to assist with Blended Retirement questions. Personal Financial Counseling services are available for no cost and are private and confidential.  

Posted in Finances, Government Resource

Mar 14

March 14, 2017

Personal Finance Updates

We know that finances can be a concern in your life, that’s why we are here to assist you and your family in any way we can. An important task to take care of before deployment, is to ensure that your family finances are in order. Below are a few updates to assist you with Financial Planning before Deployment. We also want to get you familiarized with the Service Member Civil Relief Act and learning more about the Savings Deposit Program….

Posted in Finances

Mar 6

March 6, 2017

Personal Finance Management Assistance

We’re here to assist you with all of your financial needs. We have certified Financial Counselors available to help you make a plan for your future. Would you like assistance with your budget, savings and much more? Contact one of the Financial Counselors and make an appointment today. Please see attached flyer for further details.

Posted in Finances