3/28/2024 Filling in the Finances for Transition Gaps—What You Really Need to Know about Your Finances and the Transition

On 3/28 Blue Star Families will host Filling in the Finances for Transition Gaps—What You Really Need to Know about Your Finances and the Transition at 6pm EST. For more information contact Julie Riggs, [email protected] or click the link below.

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When: March 28, 2024 10:00 PM - 11:00 PM UTC
Associated with National Capital Region Chapter

Join Blue Star Families for the next free Transition Topic Webinar hosted by Navy Mutual.

Filling in the Finances for Transition Gaps—What You Really Need to Know about Your Finances and the Transition

Thursday, March 18th from 6:00-7:00 PM ET via Zoom

All service members must go through a Department of Defense (DoD) standardized Finances for Transition class when they transition from military service through the mandatory Transition Assistance Program (TAP). However, the curriculum is the same for all members regardless of age, years of service, rank, or whether they are retiring or separating.The reality is that this “one size fits all” curriculum is often lacking the resources to assure an effective financial transition for servicemembers.

This presentation will draw on experiences from teaching the required transition class and understanding its shortfalls, but also incorporating the real-world experience of members who have already experienced the transition. This will provide relevant insight and tools that servicemembers and spouses can use to supplement the required training and provide value added services to contribute to the financial successes of servicemembers and their family post-transition.

In this workshop we will discuss:

• the psychology of money in the transition


• cash flow and pay schedule management realities


• strategic retirement contributions


• various state resources


• managing health cost expectations

We will also identify how financial concerns differ depending on whether a member is retiring or separating and how to identify and address misconceptions about VA compensation.