As Benjamin Franklin once noted, death is one of the only certainties in life. Despite this common knowledge, people are often overwhelmed by all the processes that follow a loved one's passing. These procedures are especially complex for military families, in part because of the entitled benefits they must claim from multiple government agencies. Read more about all the action items for survivors following a veteran's death, and about AAFMAA's invaluable role in securing benefits and entitlements for survivors.
You’ve probably noticed in the news that financial advisors offering retirement products and services are required to put their clients’ interests first as of 9 June 2017. This new regulation, known as the Department of Labor (DOL) Fiduciary Rule, won’t be enforced until 1 January 2018. To comply with the rule, brokers must transition their retirement products and services to the DOL fiduciary standard from the suitability standard required by Financial Industry Regulatory Authority (FINRA) Rule 2111, which allows them to offer their clients solutions that may not necessarily be in their best interests.
Well before dawn on Tuesday, March 21st, AAFMAA COO Mike Meese (USA, BG, Ret) took a few minutes to call into National Public Radio (NPR)'s "Morning Edition" program to discuss the current outlook for the Department of Veterans Affairs under its new Secretary, Dr. David Shulkin. Read more to see what Meese had to say to NPR host Quill Lawrence about the stage that Dr. Shulkin has set for continued VA reforms.