In fall 2016, AAFMAA launched a program that enables military spouses to purchase life insurance policies. Previously, access was limited to the actual Member, the servicemember. Read more about our Spouse Purchase Initative (SPI) and take a look at some media attention surrounding the program.
There are moments in your life when you face big changes. Maybe it’s a job change, career change, or perhaps you’re transitioning out of the military. Whatever the transition may be, it presents a good opportunity to review your financial landscape.
Many AAFMAA members have asked us about the “new” retirement system, which was approved by Congress in the 2016 National Defense Authorization Act. This is the first major change in military retirement since World War II and its impact is significant and important for the military and the nation. Read more about the plan specifics, which will affect those who join the military in 2018 and beyond.