Welcome to Brave Veteran

Those who joined the military with the intention of making it a career often begin to think about retirement after the first few years in the service. The military offers various retirement options for Servicemembers and Veterans, many of which are standard across the various branches of the Armed Forces. However, within the branch of the army, Servicemembers have the option of taking part in the Army Thrift Savings Plan. This is a blended savings and investment plan that offers many of the same types of benefits and tax breaks that private corporations provide through their own 401(k) plans. It is sponsored by the federal government and FDIC insured, making it an attractive option for army personnel planning for retirement. What Is the Army Thrift Savings Plan? The Army Thrift Savings Plan (TSP) is an investment and retirement savings plan for federal government employees and other uniform service members. This type of plan also includes the Ready Reserve. This program offers tax-deferred or tax-free savings options that are similar in practice to a corporate 401(k). Its purpose is to provide a retirement plan for those who qualify, and it is designed to supplement other retirement benefits,

Many people have questions about financial security when it comes time to plan out your financial future. Most people receive advice to open a savings and checking account and contribute to a retirement fund, but what other valuable financial tips should they follow? Many who are in the military also have specific financial needs, and military financial advice sometimes differs from conventional wisdom. Read on to learn more about the importance of good military financial advice and military budgeting. Introduction to Military Financial Advice Financial planning is important to everyone, especially military personnel. The type of military financial advice and military budgeting commonly given to Servicemembers might be different from good advice for civilians. Effective financial strategies can enhance long-term financial stability, particularly for individuals deployed for extended periods. For example, while it is true that the Veterans Administration has several programs for military families in need of financial assistance with moving or loans, it is always a good idea to have an emergency fund on hand for quick cash if needed in emergencies. For the Servicemember who might be on deployment overseas and is not married, some good military financial advice is to declare a trusted

Military personnel and Veterans returning from service have many options available to them for employment in the civilian workforce. Many see military service as a good way to receive post-secondary vocational training and education when they otherwise would not have been able to afford it. Many jobs in the military transfer well to civilian service, including opportunities for disabled Veterans. Read on to learn more about programs and resources, as well as federal jobs for Veterans seeking employment after their military service. Career and Employment Resources for Veterans There are many programs available specifically aimed at assisting Veterans to find employment once they leave the military. Many of these include government initiatives, support programs, online programs, and other resources through the Department of Veterans Affairs (VA). In addition to these programs, the GI Bill, which you can read more about at this link, also offers educational opportunities in conjunction with these Veteran jobs programs. Here are some of the programs offered to those looking for Veteran jobs: VA for Vets: There are many VA careers for Vets within the Veterans Administration itself, and preferential treatment for some jobs is often given to former Servicemembers who apply. Employment

Many organizations and businesses make efforts to show their appreciation for those who served in the military by offering several benefits and special offers to Veteran customers. Many retailers offer discounts on products, free services, and special considerations when doing business with Servicemembers and Veterans. Lululemon active wear is popular among those who look to stay in shape, especially those in the military with physically strenuous jobs and might be interested in affordable exercise attire. Read on to learn more about the Lululemon Military Discount. Understanding the Military Discount at Lululemon While shopping for Lululemon products, first responders, Veterans and qualifying Servicemembers may get as much as a 15% Lululemon Veteran discount on the brand’s products. In many cases, the spouses of these individuals are also eligible for the Lululemon military discount. You can use it both online and in Lululemon stores. You cannot combine it with other offers, promotional codes, discounts, and coupons. The discount cannot be used in combination with gift cards, Klarna, Afterpay, or PayPal for online transactions. This discount can help military families save money on activewear, which can be particularly beneficial considering the needs and demands of military life. Discounts are also

Many people find themselves facing unexpected financial hardships or issues, for which they need immediate access to cash. Often, some choose to take out a loan dedicated to the purpose, but for others, especially those who might not qualify for a new loan on top of existing ones, borrowing against a home’s equity is a viable option. A home equity line of credit (HELOC) is a revolving loan, like a credit card, that allows you to borrow against the equity you’ve built in your home, offering flexible access to funds and repayment options. For Veterans and Servicemembers who have VA-backed home loans, a VA-backed HELOC with favorable terms and rates is an attractive financial decision. It is not, however, without its risks, and in some cases, a VA loan HELOC comes with certain stipulations and restrictions. What is a VA Loan HELOC? A HELOC is a line of credit secured by the equity in your home, meaning you can borrow up to a set limit and repay as needed, similar to how a credit card works. If you fail to repay the loan, your home could potentially face foreclosure. In typical HELOCs, you will have a credit

There are many ways to utilize the equity in your home to access money needed for large expenses. There might be many reasons for doing this, usually large medical bills, the need to finance home repairs, or to pay off debt. Your home is the biggest asset you likely have, and using its value to pay off these expenses has many benefits but is also not without risk. A cash out refinance loan is one such way to convert your home equity into usable money. The Veterans Administration (VA) offers several home loan opportunities, and this option is one of them. The VA cash out refinancing process is also fairly straightforward. Read on to learn more. What is a VA Cash Out Refinance? Not many people are familiar with cash out refinance loans, as home equity lines of credit or refinancing are more popular ways of making use of home value. However, for a cash out refinance, this is a process in which you replace your existing mortgage with a newer, larger loan and use the proceeds to pay off your existing mortgage. You receive the remaining amount as a lump sum payment and proceed to make