Department of Defense - Office of Financial Readiness

Special thanks to DASD Patricia M. Barron for championing these important conversations and providing a platform to elevate military family support initiatives. #MilSpouse #Military #Readiness

Federal Benefits Open Season is here and many Service members and their spouses are considering how the Dependent Care Flexible Spending Account (DCFSA) can help their families. In this blog, a military financial counselor covers some of the most frequently asked questions on the DCFSA. From eligibility to enrollment, get clarity on this benefit that can make a real difference. Click the link to read now. https://lnkd.in/eHWhdeTA

#WordWise The Zero Percent Student Loan Interest provision allows eligible service members to be exempt from paying interest for up to 60 months on certain student loans while serving in an area that qualifies for Hazardous Duty or Imminent Danger pay. Explore further details: https://lnkd.in/eNCMyAXA

The GI Bill provides valuable benefits that assist individuals in paying for school and covering expenses while training for a job. Understanding these benefits will empower you to make informed decisions about education and career paths. Here are two ways this benefit can be used: ? Foreign programs: If you plan to study at a foreign school, find out how you can use VA benefits to cover the cost of certain study abroad programs. ? Undergraduate and graduate degrees from institutions of higher learning: If you’re looking to earn an undergraduate or graduate degree, find out if you can get VA benefits to help pay for courses. Explore this resource to uncover more benefits: https://lnkd.in/eGUQM3z

Working military spouses with young children can benefit from understanding how a Dependent Care Flexible Spending Account (DCFSA) may support their unique needs. This resource offers valuable insights into how a DCFSA can provide peace of mind. Discover additional information: https://lnkd.in/ePnNPR_8

As we approach the new year, it’s a great time to reflect on your financial journey and prepare for a successful 2025. This checklist has nine tips to help you evaluate your current situation so you can start the year strong. https://lnkd.in/e6BRAhZn

Begin with a spending plan to track monthly expenses. Getting a clear picture of your annual expenses will help set a foundation for achieving savings goals: https://lnkd.in/eAyUBx3Q

Federal Benefits Open Season starts today! Now is the time to review benefits and make important decisions for the upcoming year. If health insurance options, flexible spending accounts or other benefits are a consideration, take a look at this overview to determine what best suits you and your family: https://lnkd.in/eZ_MAtKX

We are hiring! The Senior Advisor of the Quadrennial Review of Military Compensation position closes November 21, 2024. Apply at https://lnkd.in/eiYRHckf.

Exciting news for service members and their spouses: Federal Benefits Open Season is almost here! If enrolling in a Dependent Care Flexible Spending Account (DCFSA) is a consideration for next year, look at this list of 10 ways to maximize the benefit. Learning workshops, transportation fees, and preschool tuition are all eligible expenses. See more: https://lnkd.in/ernryVbc