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Benefits

Transferring Post 9/11 GI Bill to Dependents

{ 9 comments } Transfer GI Bill

The new Post 9/11 GI Bill entitles soldiers to transfer their education benefits to their dependents if they choose. The GI Bill education benefits can be transferred to a spouse or child if the soldier meets certain conditions. Benefits can only be transferred to dependents who are enrolled in DEERS (Defense Enrollment Eligibility Reporting System). [...]

Understanding the Post 9/11 GI Bill

{ 3 comments } Post 9/11 GI Bill

On August 1, 2009, the new Post 9/11 GI Bill was introduced. It is distinctly different from the old Montgomery GI Bill programs. One of the major differences for families is that it allows for the benefits to be transferred to dependents in certain circumstances. While this was also possible with the Montgomery GI Bill [...]

VA Home Loan Guaranty Program

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Buying a house at any time is a scary and exciting experience all rolled into one. It’s likely to be the largest purchase you’ll ever make so of course you want to be sure you are making the right decision in regards to your loan. The VA Home Loan Guaranty Service was set up to [...]

SGLI (Servicemembers Group Life Insurance)

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Each soldier is automatically enrolled for SGLI or life insurance. The automatic enrollment is for $400,000. A soldier can elect to have less coverage, in increments of $10,000, or to decline coverage all together, though this is not advised. If the soldier chooses less than the maximum benefit, he must do so in writing. The [...]