Rich Girl Roundup: The Financial Benefits of Being Active-Duty Military

Katie's husband Thomas has been an active-duty US Air Force JAG since 2021, and we've received many questions over the years about military benefits and finances. Here's the TL;DR on the perks of being active-duty military or a dependent based on Katie's personal experience, from accessing VA loans to basic allowances for housing.

Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week.

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Mentioned in the Episode

• Military Benefits for Active Duty and Veterans: https://www.benefits.gov/categories/Military%3A%20Active%20Duty%20and%20Veterans
• VA Loan: https://www.va.gov/housing-assistance/home-loans/eligibility
• VA Home Loan Process Checklist (Page 9): https://www.benefits.va.gov/HOMELOANS/documents/docs/VA_Buyers_Guide.pdf
• The Reluctant Landlord: https://www.reluctantlandlord.net/
• Military Pay & Pensions: https://www.usa.gov/military-pay
• Thrift Savings Plan: https://www.dfas.mil/civilianemployees/employeebenefits/TSP/
• Basic Allowances & Military Income: https://militarypay.defense.gov/pay/
• Military Taxes & Residency: hrblock.com/tax-center/lifestyle/military/military-taxes-and-residency/
• Military Health Insurance (TRICARE): https://www.tricare.mil/
• Credit Card Benefits: https://www.americanexpress.com/us/help-support/service-members-civil-relief/

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