AUGUST 28, 2019 - Achieving your personal financial goals is not easy, but the Navy is helping Sailors and their families with the updated release of MyNavy Financial Literacy app, Aug. 26. The app is part of Sailor 2025, the Navy’s program to empower Sailors by providing them the necessary tools to easily manage all aspects of their careers and life. The app allows Sailors … [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...]
Sailors Encouraged to Take Advance Travel Pay During PCS Moves
JUNE 7, 2019 - The summer season is a very busy time for permanent change of station (PCS) moves for Sailors and their families. While uprooting and moving somewhere different can be challenging, the Navy is overhauling the PCS experience to reduce the stress for Sailors and their families. One of these improvements is streamlining the existing travel advance process. … [Read more...]
DFAS Explains Civilian Relocation Tax Changes
MARCH 14, 2019, Sembach Kaserne, Germany - The Tax Cuts and Jobs Act passed in December 2017 made the majority of government civilian employee relocation entitlements taxable, causing some concern and confusion over what elements would be taxed. The Defense Finance and Accounting Service and U.S. Army's Personnel Division held a town hall here to provide transparency and … [Read more...]