Members of the military have many special financial challenges that most people do not encounter. However, they have access to many special benefits, tax and legal protection. The co-authors of this article, Kim Lankford and Lisa Gerstner, have direct experience: Kim's husband was a doctor in the Army for 21 years and was deployed 3 times, and Lisa's wife is an air national guard instructor pilot, more than 200 flown combat missions. Here are the top 10 benefits and make the most of them to improve your family's financial future.
Low-cost retirement savings plan
10% guaranteed return on savings
Tax-free Roth deposits
Free university for you, spouse or child
Cheap life insurance
State tax exemptions
Special legal protection
Mortgages without money
Tax-free housing allowance
Low interest loans
Consult with a qualified advisor.