NOVEMBER 21, 2019 - Air Force officials released details Nov. 20 on the fiscal year 2020 Selective Retention Bonus program, which includes 72 eligible Air Force specialties. “The Air Force works hard to retain our highly trained and experienced Airmen and the annual Selective Retention Bonus program is a key element in that effort,” said Lt. Gen. Brian Kelly, Air Force … [Read more...]
Changes to TSP Coming in December
NOVEMBER 20, 2019 - According to the Thrift Savings Plan website, all TSP participants must have validated contact information and use two-step authentication to log in to the TSP My Account beginning in December. “It’s a security measure,” said Vic Villarreal, 21st Force Support Squadron personal financial readiness leader. “In today’s world of high-tech and hackers, it’s … [Read more...]
Exchange Shoppers Can Double the Savings During Back-to-School ‘Tax Holidays’
JULY 16, 2019 - At the Army & Air Force Exchange Service, every day is a tax holiday. While several states are offering back-to-school tax-free weekends, military shoppers can double up on the savings as the Exchange is offering an additional discount to match the local tax savings. Exchanges in the 16 states that are hosting tax holidays will offer a percentage off … [Read more...]
Army Reduces Insurance Payments for Weather, Natural Disasters
JUNE 28, 2019 - Effective May 29, the Army will no longer pay claims for personal property loss due to weather and natural disasters. On May 29, Secretary of the Army Mark T. Esper signed Army Directive 2019-21, Restrictions on Personnel Claims Payments, eliminating payments to Soldiers and Department of the Army civilians for damage or destruction of personal property … [Read more...]
Reserve Retirement Pay: Have You Done Your Homework
JANUARY 24, 2019 - For those serving as traditional Reserve Soldiers in the Army Reserve, receiving that 20-year retirement letter can feel like winning the lottery. But did you know that just because you have that golden ticket doesn’t mean you will automatically start receiving retirement pay when you turn 60? There are requirements that you must meet in order to start … [Read more...]