KEY TAKEAWAYS The One Big Beautiful Bill Act (signed July 4, 2025) overhauled federal student loan repayment — eliminating SAVE, phasing out PAYE and ICR by July 2028, and creating a new Repayment Assistance Plan (RAP). PSLF still exists but its qualifying employer list changed in October 2025. Veterans rated 100% Permanent and Total (P&T) or TDIU qualify for a Total and … [Read more...] about Student Loan Forgiveness for Military Members and Veterans 2026: Every Program Explained
SCRA
Military Deployment Financial Checklist: Everything to Handle Before You Leave
Key Takeaways Deployment is the single best wealth-building window in a military career — low expenses, potential tax-free pay, access to the Savings Deposit Program, and elevated TSP contribution limits all converge at once. The Savings Deposit Program (SDP) guarantees 10% annual interest on deposits up to $10,000 during qualifying deployments — one of the best guaranteed … [Read more...] about Military Deployment Financial Checklist: Everything to Handle Before You Leave
SCRA and MLA: The Military Financial Protections Most Service Members Don’t Know They Have
Key Takeaways Two separate federal laws protect service members from financial harm: the Servicemembers Civil Relief Act (SCRA) covers debt taken out before active duty; the Military Lending Act (MLA) covers debt taken out during active duty. The SCRA caps interest rates at 6% on pre-service mortgages, auto loans, credit cards, and student loans — and can save thousands in … [Read more...] about SCRA and MLA: The Military Financial Protections Most Service Members Don’t Know They Have