Service members have access to many valuable investing programs that aren't available to the general public.
Veterans and active-duty military members who have served since September 11, 2001, can now take advantage of expanded education benefits.
Military personnel face unique risks, but they also have access to special programs to protect their savings and their families.
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Members of the military and their families do have some special needs -- especially when they are deployed -- but they also have some special benefits.
This retirement account can be particularly helpful if you have tax-exempt deployment pay. Your money goes in tax-free and your contributions as well as your earnings come out tax-free.
Kim Lankford recommends a simple investing plan for one young soldier stationed in Iraq.
Most service members don't stick out the required 20 years to get a military pension, but there are other options.
Here are seven key steps to protect your money while you're gone.
Tou'll need to make some important personal-finance decisions to replace some of your benefits, adjust your post-military budget and protect your investments for the future.
Special tax rules are designed to help military families who decide to rent out their homes when they are transferred to their next duty station.
Tou can deposit your bonus in the military's Savings Deposit Program, which lets you invest up to $10,000 in an account that earns 10% per year.