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Pro Bono Financial Planning for Military Personnel, Veterans and Families

Pro Bono Financial Planning for Military Personnel, Veterans and Families

1024 1016 FFP

RECORDED WEBINAR

Pro Bono Financial Planning for Military Personnel, Veterans and Families

Presentation

Presenters

  • John R. (Dick) Power, CFP®

Description

Service members, veterans, and their families face unique financial circumstances during and after military service. While benefits for active personnel – regular paydays, free healthcare, and housing allowances – are commonly recognized, the financial challenges of switching to civilian life, and no longer receiving these incentives, must also be acknowledged. Accruing debt is often the norm post-military service, and money concerns rank top of mind for many veterans. In this webinar, John R. (Dick) Power, CFP® will cover the unique compensation of the military community, common money pitfalls post-military service, and tactics CFP® professional volunteers can use to increase the financial confidence and self-sufficiency of military-affiliated individuals during pro bono engagements.

Learning Objectives

  • Participants in the webinar/course will:
    • Understand the composition of the military community in the US and differences in demographics between active and reserve members;
    • Discover how military personnel is compensated in both basic pay and allowances, as well as tax exposures;
    • Learn about other benefits such as healthcare, legal support, and retirement.
    • Learn about additional benefits from the Veterans Administration and how to interact with state and local resources; and
    • Discover what unique skills financial planners can offer under unique circumstances, particularly with military members deploying and returning.