For the webinar, Credit & Debt Issues for Military Families, hosted by the Personal Finance Concentration Area of the Military Families Learning Network on September 20, 2016

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https://learn.extension.org/events/2582
Credit & Debt Issues for Military Families

2. Connecting military family service providers
and Cooperative Extension professionals to research
and to each other through engaging online learning opportunities
www.extension.org/militaryfamilies
MFLN Intro
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3. Today’s Presenters
Leslie Tayne
• Consumer and business debt-
related attorney and advisor.
• Founded Tayne Law Group, P.C.,
concentrating solely in debt
resolution and alternatives to filing
bankruptcy for consumers, small
business owners and professionals.
• Tayne Law regularly consults and
advises on debt management
related issues.
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4. Credit & Debt Issues for
Military Families
Leslie H. Tayne, Esq.
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5. What Will We Be Talking About
Today?
• Resources to help you manage your debt
• Debt settlement – what is it?
• Bankruptcy – when to consider it?
• Debt relief programs – are they reliable?
• Debt collections
• What to do if a creditor sues you
• Negotiating
• Judgments and liens
• Budgeting tips
• Savings tips
• Military Benefits
• When to buy a home – can it fit in your budget?
• Career options
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6. Good Resources for Managing Debt
• Apps: These are FREE and ones I recommend using:
– My Military & Money: Uses interactive tools, articles, and videos to help
military families achieve and maintain financial stability.
– Mint.com: Personal Finance App to help you manage, budget, and track
your monthly expenses, bank accounts, credit scores and retirement
funds.
– Credit Karma: On top of receiving your free credit score, the Credit Karma
app lets you monitor expenses as well.
– Mint Bills: Reminders let you keep track of your bills and credit cards with
notifications on due dates and when your nearing your credit limits.
– Level Money: By linking accounts, Level Money estimates your income,
and lets you know how much you can afford to spend today or even this
month.
• Online Banking: Most banks now let you manage bills, transfer funds, and
monitor savings directly from your phone or computer.
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7. More Debt Help Resources
• National do not call registry
• Fair Debt Collection
Practices Act
• Annual Credit Report (Free)
• Debtors Anonymous
• Personal Budget Worksheet
• Debt Payoff Calculator
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8. Reliable Debt Help Blogs
Credit.com
Mint.com
U.S. News & World Report
GOBankingRates
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9. What is Debt Settlement?
• A process in which a company (or law firm)
negotiates with creditors on your behalf to
significantly reduce the amount you owe.
• By negotiating, the debt relief company tries
to settle with lenders and collection agencies
on an amount suitable for all parties.
• Since a creditor or agency knows they may not
receive a full payment they may be willing to
accept a lower payment.
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10. When to Consider a Debt
Settlement Service
• Most people with unsecured debts are right
for a debt settlement program.
• If you’re struggling to keep up on financial
obligations, your behind on payments, making
late payments, making the minimum payment
or simply have no money left after all bills are
paid there’s an excellent chance that a debt
relief service is right for you.
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11. What is the Difference Between Debt
Settlement and Bankruptcy?
• Debt Settlement can help you settle your loans at a fraction of
the cost without having to deal with the hassle and cost of
bankruptcy. Though debt settlement has an initial impact on
your credit score, it does not have the long term credit effects
of bankruptcy.
• While bankruptcy can relieve individuals of unsecured debts,
stop foreclosure proceedings, and put a halt to debt collection
activity, it does come at steep price. Declaring bankruptcy can
tarnish your credit report and credit score for up to ten years,
making it extremely difficult to qualify for a mortgage, car
loan, credit card, and many other lines of credit. Bankruptcy
can also potentially interfere with your ability to get hired for
certain jobs, as well as your eligibility for some forms of
insurance.
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12. What to do before Filing for
Bankruptcy
• Do your homework
• Reevaluate your budget and finances
• Get a free copy of your credit report
• Devise a battle plan
• Schedule a consultation with both a debt
relief attorney and bankruptcy attorney – pros
and cons
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13. Why a Debt Relief Law Firm is more
Trustworthy than Illegitimate Debt
Relief Services
• If you’re looking for help settling debts, a law firm
may be a better option over other services
because of the higher ethical standards law firms
are held too.
• An attorney can provide legal advice that a debt
settlement company may not be able too.
• An attorney who knows the law can protect you
through the process of settling debts with
creditors
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14. What to Do if Your Debt Goes into
Collections
• If your unsecured debt goes unpaid, a creditor has nothing
to receive in return, so they will send it to a collections
agency.
• You may want to find out how much you owe and if
possible, you should consider paying off the debt to limit
any more damage to your credit score and avoid being
taken to court.
• If you can’t pay, you may want to negotiate yourself or a
better choice would be to higher someone to negotiate on
your behalf such as a debt settlement law firm or company
as they are experienced negotiators. They may be able to
lower your overall payment - saving you money.
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15. Got Questions?
Let’s talk Debt FAQ’s
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16. What Does it Mean to Default on
Debt?
• Defaulting on a debt simply means that the
payments required on the debt have not been
made.
• Generally, this occurs at different times
depending on the type of debt you have and the
terms of the agreement with the creditor.
Meaning, it may be considered defaulted after
you’ve missed multiple payments or just one
depending on the terms you have with the
creditor.
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17. How Can I Negotiate with My
Creditor?
Steps to take when negotiating with a creditor:
1. Stop using the credit card you are trying to
settle.
2. Be Patient: it will likely take some time before
creditors will be willing to settle your debt.
3. Be Prepared for creditors calling about your
delinquent debt: make sure that the collection
agency is following the Fair Debt Collection
Practices Act.
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18. 4. Negotiate: This can take some time.
– Keep a notebook with you and take notes during the call.
– Creditors will take a better deal if the settlement is lump
sum.
– Explain all hardships.
5. Get everything in writing: Whatever debt settlement or
debt reduction agreement you agree on, make sure
you get it in writing along with a schedule of payments
6. Don’t miss debt settlement payments: Many
settlements will void if you miss or are late with just
one payment.
7. Check and update your credit reports
How Can I Negotiate with My
Creditor?
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19. What Do I Do if I have a Judgment or
Lien Against Me?
• A judgment is a type of lien that is attached to a
debtor’s real or personal property without their
consent. The judgment is intended to pressure a
debtor to ultimately transfer money from a debtor to a
creditor through a court’s enforcement.
• How Do Creditors Obtain Judgments?
A judgment is granted to creditors who have previously
sued a client in their county or state courts and then
wins a judgment against the debt that is owed
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20. What are the Types of Judgment Liens
that a Creditor can Obtain?
Real Property: if a consumer has a lien as a result of a judgment on
their house, condominium, vehicle, or similar kind of real property,
during the sale of that real property, the creditor with the judgment
will be entitled to a portion of the proceeds.
Garnish Your Wages: another way a creditor can obtain their
uncollected funds is going directly through a debtor’s employer. A
judgment will allow the creditor to collect funds directly from the
debtor’s paycheck through the employer until the amount due and
owing is satisfied.
Freeze Your Bank Account: instead of going through a debtor’s
property or employer, a creditor can go directly to a debtor’s bank and
freeze or restrain their account. In other words, a debtor would not
have access to a certain percentage of funds in their account.
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21. What is a “Frozen Bank Account?”
• What is the Purpose of Restraining a Bank Account?
Once a bank account is frozen, the creditor can hire a Marshal to
either take the monies due and owing out of the account
themselves or have the bank send a check to the creditor or the
creditor’s attorney from the funds in the account.
• Can They Take All My Money?
There are certain types of monies called exempt funds that cannot
be touched after a judgment is entered and a bank account is
frozen. Examples of exempt funds include:
-Social Security
-Disability
-Pension
-401K
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22. What Should I Do if I’m Being Sued?
• Being sued means your creditor has filed paperwork requesting that a
judge order you to repay your debt. If, after reviewing all of the
paperwork, the judge agrees with the creditor your debt becomes part of
the public record and your creditor has a legal claim against you called a
judgment. This is a legal determination by the judge that you are now a
“judgment debtor” and owe your creditor (now a “judgment creditor”) a
certain amount of money. If you do not show up in court, which I do not
recommend—you have a much better chance of pleading your case in
person–the judge could order a default judgment against you.
• A judgment is serious because it takes your case to the next level of debt
collection and the unpleasant measures that come with it. These could
include wage garnishment, freezing your bank accounts or seizing your
property and you may not receive any prior notice. If you find yourself
being sued by your creditor, contact a financial advisor, debt counselor or
attorney who can help you.
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23. Now Let’s Talk Tips to Help You Stay
OUT of Debt!
• Every day savings
• An Emergency fund
• Budgeting tips
• When should you budget?
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24. Look for Everyday Savings
Everyday savings are out there, you just need to know where to
look!
Store Emails: Sign up at places you frequently visit. They will notify you with
current sales and discounts exclusively for their subscribers.
Social Media: “Follow” or “Like” the pages of stores you shop as they may
announce sales you may not see elsewhere.
Newspapers & Magazines: Don’t forget there are many deals to be found here!
Coupon sites: Use these sites for everyday savings (i.e. Coupons.com,
Moneysavingmom.com, Yipit.com, RetailMeNot.com, DealNews.com)
Other savings sites: Groupon.com (Savings on just about everything), Airbnb
(save on hotels by “renting” rooms or homes), GasBuddy (search for best gas
prices), Goldstar.com (save on sporting events, concerts, and theater), and
MyMilitarySavings.com (Coupon site designed specifically for military families)
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25. Consider a Side Hustle
A side hustle is a great option for spouses looking to make extra income.
• You can work close to home or even at home
• Build income doing something you enjoy to help you pay down debt
and build an emergency fund
• You may be able to be your own boss and work at your own pace
Building the perfect side hustle:
• What side job is going to work for you? Think about your hobbies,
interests, and talents, and how much time you have to put aside
each day/week.
• Determine your target market and how to reach them. Utilize free
resources such as social media.
• Talk to others who have a side hustle to see if they can help you get
started
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26. How to Set Up a Budget
Budgets have only one rule: Do not go over budget!
Know how much net income you earn each month (net means your take
home pay after taxes, social security, insurance, etc.)
Create a detailed list of money going out (expenses) – put them into 3
separate categories: fixed, variable, and discretionary.
• Fixed includes set amounts per month (i.e. mortgage, car payments, cable,
phone, etc.)
• Variable expenses can change depending on needs (i.e. food, gas, toiletries,
medication)
• Discretionary is elective spending (lifestyle choices we enjoy – i.e. eating out,
vacation)
 Track your spending and cut costs if you have to!
 Stay motivated!
 Set Goals!
 Continue to adjust your budget every couple months.
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27. General Guideline for Monthly Expenses
• 3% medical – co-pays, prescriptions and personal such
as beauty and hygiene
• 30% housing – mortgage, utilities, insurance
• 20% debt – credit cards, loans
• 15% food – groceries, eating out
• 15% transportation – car payment, gas, insurance,
repairs
• 10% savings – retirement fund, “what if” fund,
emergency fund
• 7% misc. – entertainment, clothing, extras
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28. When to Budget
The beauty of budgeting is you can choose
the time that works best for you.
• Choose a calm and comfortable environment – Weekends in
the morning, before any “big” activities, at night, at the office
on your lunch break
• Budgeting may be viable at certain times in your life: large
expenses such as a wedding, coming home from deployment.
Start your budget when your income and expenses are more
stable so you have a better idea of actual numbers
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29. What is an Emergency Fund?
An emergency fund is a smart and easy way to make sure you can
afford unexpected expenses that may not already be covered in
your budget. They also provide an alternative to relying on credit cards,
personal loans, and other forms of debt.
• Calculate how much you can contribute. Depending on how
much room you have in your budget, the amount of money you
can contribute to your emergency fund may vary.
• Ideally, try and contribute 10% of your net income to your
emergency fund until it’s complete you have at least 3-6 months
worth of living expenses saved.
• This will help you avoid debt since you will have a back-up plan
for life’s unexpected twists and turns, such as medical or vet
expenses, or car maintenance.
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30. Sign Up for Automatic Payments
• If you have a personal or student loan, signing up for automatic
payments can help you reduce your debt. Automatic payments
sometimes offer you discounts on interest rates. For example, Wells
Fargo and Sallie Mae offer .25% discount on interest rates if you
enroll with their automatic payment plan.
• Automatic payments will also help you stay on top of your payments
and ensure they are always on time. Make sure to still keep track of
them even though they automatically come out of your account
each month.
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31. Take Advantage of Military Benefits
Military Lending Act: Under the Military Lending Act, if you’re an active duty
member of the armed forces or are on active Guard or Reserve duty, you can’t
be charged an interest rate higher than 36% on some types of consumer loans
(consumerfinance.gov)
• Rights under MLA include:
– 36% interest cap – interest, fees, credit card charges, credit renewal
charges, credit insurance premiums, other fees for credit-related
products sold in connection with the loan
– Written and Oral Disclosure – Before a loan is issued, creditors must
inform you in writing and orally the fees and interest rates of the loan
– No roll-over loans – Creditor can’t refinance the same loan unless it
favors you, that way you won’t get stuck with a loan that gets more
expensive to pay back every few months
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32. Take Advantage of Military Benefits
(cont’d)
Other Rights under MLA include:
– No mandatory waivers or consumer protection laws – “Creditors cannot
require you to waive any state or federal law, including the
Servicemembers Civil Relief Act, which protects servicemembers from
being sued while on active duty (consumerfinance.gov).”
– No mandatory arbitration – When an outside party decides how a
dispute should be resolved
– No mandatory allotment – Creditor can’t require you to take an
allotment out for your loan. This is an automatic payment taken out of
your paycheck to pay off a loan
– No prepayment penalty – A creditor can’t charge you a fee or penalty if
you decide to pay off your loan early
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33. Strategies for Overseas Deployment,
Military Personnel
1. How to manage your money
during overseas deployment
2. How to manage your money
when moving all the time
3. How to transition financially to
civilian life
4. Should you buy a home?
5. How to take advantage of your
career
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34. How to Manage Your Money During
Overseas Deployment
Before Deployment
Put someone in charge: Designate someone to oversee finances while military spouse is
away
No new debts: Avoid incurring any major new debts before you deploy
Come up with a plan and prepare: Discuss finances with spouse before deployment,
what debt will you pay off first, second, so on
Set up Direct Deposit: Automatically deposit wages to your bank or credit union
Automate finances: Set up automatic bill pay to avoid late payments. This will make
managing your finances a bit easier.
Stick with your emergency fund: An emergency fund can be a great source of cash when
you’re hit with a surprise. With extra cash stored away for emergencies, you limit the
need to rely on credit cards which can lead to debt. Consider saving 3-6 months of
expenses.
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35. During Deployment
Take advantage of Department of Defense savings plans.
Thrift Savings Plan: A retirement savings plan for military personnel and
federal employees that is similar to a 401k plan. Like a 401k you can invest
invest your money after taxes (Roth) or pre-taxed (Traditional). With many
many investment options and low management fees, TSP may work for
many families.
Saving Deposit Program: Unlike a TSP, a SDP is only available during combat
deployment.
• Personnel needs to be serving in a combat zone or qualified area
outside the US for more than 30 consecutive days or 1 day in each
of three consecutive months
• You can deposit up to $10,000 for each deployment
• Earn 10% annual interest during deployment (this is taxable)
• Earn 10% interest up to 90 days after military personnel returns
home
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36. During Deployment (cont’d)
Stick to your pre-deployment budget: If you’re receiving deployment benefits
or an increase in income, it’s important to save and reserve these extra funds.
Sticking to a pre-deployment budget can help the temptations to spend this
extra money on lifestyle inflation.
Don’t be afraid to ask for help: If you are struggling to make payments and
falling behind, ask for help as financial assistance may be available from these
organizations:
– Air Force Aid Society
– Army Emergency Relief
– Coast Guard Mutual Assistance
– Navy-Marine Corps Relief Society
– Servicemembers Civil Relief Act: SCRA can provide protection against
outstanding mortgage and credit card debt, taxes, and even eviction
prevention as well as many other protections
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37. Post-Deployment
When a spouse returns from home its important to communicate
financial affairs.
– Financial protections such as SCRA and SDP will soon expire so
communicating and understanding what needs to be done next
is crucial.
– Just as a financial plan was developed before deployment, a post
post deployment plan is just as important.
Don’t overspend.
– A returning spouse may be tempted to spend the money they
earned during their deployment. Consider spending money
wisely and make smart financial decisions such as adding money
to your Thrift Saving Plan and paying off any debt incurred.
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38. How to Manage Your Money When
Always on the Move
Since military families are always on the move, it can not only be costly, but it can be a
hassle. With proper planning you can limit some stress.
Consider tracking all your financial accounts and see how a move will affect them:
• Will accounts need to be closed or can you simply ask to change your address?
(i.e. if you use a local bank, will you need to close your account and open a
new one at a bank near your new home?)
• Your credit card companies will need to be notified of your address change
• Pay off and close your local accounts such as your utility bills
Create a moving budget:
• Understand what the military will cover and what you should budget for
• Your budget should include moving company costs and/or truck rental, gas,
storage facilities, extra insurance on items of high importance to you, lodging
(if needed), as well as all real estate and lawyer fees
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39. Know what the military will help you with.
Dislocation Allowance: Service members and their families will receive a
partial reimbursement for expenses incurred during a PCS move. The
allowance amount is based on the service member’s rank and family
status.
Monetary Allowance in Lieu of Transportation: MALT is a mileage
reimbursement service members can receive when they drive to their new
duty station. Amount reimbursed depends of type of transportation (car,
plane, motorcycle, etc.)
Per Diem Allowance: Reimburses service members and their families for
costs of meals and lodging when traveling to new station. Amount
reimbursed depends on size of family and age of children.
Advanced Basic Pay: This lets military personnel take up to three months’
pay in advance interest free when you make a change of station. This
money is a loan to help pay for moving expenses and will need to be paid
back.
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40. Manage your budget after your move.
– It can be tempting when you move into a new place to want to buy
new furniture and accessories for your home. Prioritize what needs to
be purchased now and what can wait. This can reduce overspending.
– If mortgage payments and property taxes are higher than previously,
be sure to factor this into your new budget
– Talk to local sources about your new neighborhood. Ask for any
information regarding inexpensive shopping and entertainment.
– Limit eating out until your major moving purchases are paid off. Avoid
racking up debt by eating at home.
– Research cost of utilities before you move so you have an idea of what
they will cost you each month
– Your budget doesn’t need to be set in stone. You may need to adjust it
as you settle in.
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41. How to Transition Financially to
Civilian Life
Make sure you’ve saved enough. Your emergency fund (or transition fund)
should be large enough to cover 3-6 months worth of expenses. This fund can
keep you afloat while you search for a job.
Revise your budget as necessary. Transition to civilian life can mean you may no
longer receive certain benefits. It’s important to budget for new expenses.
Manage your Thrift Savings Plan. Your military retirement fund can remain in a
TSP account or can be rolled over to a Roth/Traditional IRA or your new
employer’s plan.
Take advantage of Separation Assistance. Personnel can deduct some of the
costs they incur searching for a new profession, including travel, fees for
resume preparation, and outplacement services.
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42. How to Transition Financially to
Civilian Life
Applying for civilian jobs:
• Consider connecting with a recruiter whose focus is military-to-
civilian transitions
• Attend a Transition Assistance Program (TAP), a workshop created to
teach veterans job search strategies and prepare for interviews
• Showcase your strengths as a military candidate
• Negotiate your salary. Don’t leave money on the table!
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43. Should You Buy a Home?
Buying a home is a large investment and since military families move
frequently, there are many factors to consider:
• How long will you be staying in your location? A Permanent Change of
Station (PCS) can move you to a new location numerous times. If you’re
moving often, would renting be a wiser decision for you?
• Will a home purchase be an investment? If you purchase a home and are
soon uprooted, will you experience a loss on your investment? On top of
closing costs, there are many other hidden fees associated with purchasing
a home.
• Will purchasing a home limit you from saving money? With a mortgage,
taxes, and other expenses that come with a home, will you still be able to
save?
• Can you afford the maintenance? Will you have the time and money to
manage the upkeep on the home?
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44. If you are considering purchasing a home…
• Look for a home you can comfortably afford
• Apply for a VA Loan and take advantage of their benefits:
– No down payment required
– Unlike conventional mortgages, a VA does not require Private
Mortgage Insurance (PMI) which can save you hundreds
– Since the federal government backs each VA Loan, interest rates are
low
– No pre-payment penalty
• Like an emergency or transition fund, consider a fund where you can save
money for closing costs, furniture, repairs, etc.
• Take advantage of tax deductions – this money can go a long way!
• Take advantage of Basic Allowance for Housing (BAH), a tool that can give
service members a monthly allowance to help cover rent or mortgage
payments. The amount varies based on your location and rank.
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45. Buying vs. Renting
Benefits of Buying:
• Homeowners can deduct
mortgage and property tax
payments
• If your home appreciates in value,
the sale of your home can mean
financial gain
• Ability to personalize your home
to your liking
• VA Loans can help make home
ownership a bit easier
Benefits of Renting:
• Military Clause allows military
personnel out of leases
• Landlord is usually in charge of
maintaining property
• While selling a home can be a long
and difficult process, moving while
renting can be much easier
• Monthly rent is sometimes cheaper
than a monthly mortgage
• There’re not as many up-front costs
associated with renting
45

46. How to Take Advantage of Your Career
A military career can provide you and your family with many benefits to which
you should take full advantage of.
Ability to go to school or further your education with financial assistance
programs during or after your service.
• Tuition Assistance: Can pay up to $250/credit hour up to a total of $4,500/year
• Post 9/11 GI Bill: Receive up to 100% full tuition for public in-state schools, a
monthly housing allowance, up to $1000 a year for books and supplies, and the
ability to transfer the benefit to a spouse (if still serving). You have up to 15 years to
take advantage of this benefit.
• Montgomery GI Bill: Receive a set monthly rate based on the number of classes you
are enrolled in. You have up to 10 years to use this benefit.
• Servicemembers Opportunity Colleges (SOC): The SOC can be beneficial for military
scholars who are frequently transferred. The schools associated work together to
make it easier to transfer college credits if you need to move due military transfer.
46

47. Take advantage of retirement plans and benefits.
• Thrift Savings Plan: Retirement savings plan for military personnel and federal
employees that works similarly to a 401k plan. Like a 401k you can invest your money
money after taxes (Roth) or pre-taxed (Traditional). With many investment options
and low management fees (29 cents/every $1000 invested) TSP may work for many
families.
• Saving Deposit Program: Unlike the TSP, the SDP is only available during combat
deployment.
• Personnel needs to be serving in a combat zone or qualified area outside the
the US for more than 30 consecutive days or 1 day for each of three
consecutive months.
• You can deposit up to $10,000 for each deployment
• Earn 10% annual interest during deployment (This is taxable)
• Earn 10% interest up to 90 days after military personnel returns home.
• There’s no fee for stopping your deposits
• Unlike many civilian jobs, military personnel can receive a pension with benefits after
20 years of active duty service. The amount they can receive depends on the
retirement program they’re eligible for.
47

48. Access to leave and vacation time.
• Active military personnel earn 2.5 days of vacation time /month for
up to 30 paid days off a year. This time can be taken immediately
after basic training.
Access to housing and meal allowance.
• For active military on base, housing is included in their
compensation package
• If married and on-base housing in not available, or you would like to
to live off-base, you can receive a tax-free monthly housing
allowance
• Active personnel can receive free dining or an allowance to help
cover cost of off-base meals.
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49. Access to special tax breaks.
• Members serving in combat zones are exempt from paying their federal
income tax for the month(s) of service. This is a great opportunity for
families to save money and help pay down their debt.
• Some members of the military can even postpone some tax deadlines up to
to 180 days after returning home. This gives you more time to save money
to pay taxes.
Take advantage of help offered for expenses.
• Help with moving/travel - If a permanent change of station is required,
military personnel are allowed to deduct the moving expenses during tax
season. Reservists who are required to move more than 100 miles from
home can be reimbursed for their travel expenses
• Uniforms - Some service members can deduct costs of certain uniforms
that they are not allowed to wear when off-duty
49

50. Strategies for Long-Time Veterans to
Overcome Debt
Find a job that’s right for you & take advantage of the benefits!
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51. Find a Job That’s Right for You
Take advantage of benefits by enrolling in Military network programs
• Military Job Networks (MJN) is an exclusive online networking
platform created and enabled only for verified U.S. Military
Veterans. With 3,600 online private military occupation groups,
verified Veterans access private, virtual spaces for true peer-to-
peer networking and knowledge sharing.
www.militaryjobnetworks.com
Networking is a great skill to acquire when applying for jobs and while
at your current job. It’s all about connections!
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52. VA Career Benefits
Find a VA Recruiter:
• You can get help with a job position and health care benefits at
http://www.vacareers.va.gov/
• You can also look for careers at http://vaforvets.va.gov/. The Veteran
Employment Services Office (VESO) is a strategic program
management office that provides employment and career
management resources designed to attract, retain and support
Veteran employees at VA and across the federal government,
including those serving in the National Guard and Reserve.
52

53. QUESTIONS?
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54. PowerPoint Disclaimer –
Attorney advertising. Prior results do not guarantee a
similar outcome. The
information in this PowerPoint is for general information
purposes only. Nothing in this PowerPoint should be
construed as legal advice or tax advice for any individual
case or situation.
To contact us, email info@taynelaw.com
www.taynelaw.com
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55. Connect with MFLN Personal Finance Online!
MFLN Personal Finance
MFLN Personal Finance @MFLNPF
PF SMS iconsPF SMS icons
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56. MFLN Intro
We invite MFLN Service Provider Partners
to our private LinkedIn Group!
https://www.linkedin.com/groups/8409844
DoD
Branch Services
Reserve
Guard
Cooperative
Extension
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57. Evaluation and
Continuing Education Credits/Certificate
MFLN Personal Finance is offering 1.5 CEUs for AFC-
credentialed participants and CPFC-credentialed
participants for today’s webinar.
Please complete the evaluation and post-test at:
https://vte.co1.qualtrics.com/jfe/form/SV_cATZJYtnfskycT3
Must pass post-test with an 80% or higher to receive
certificate.
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58. Personal Finance Upcoming Event
Health & Wealth Relationships
• Date: Tuesday, October 11, 2016
• Time: 11 a.m. Eastern
• Location: https://learn.extension.org/events/2677
For more information on MFLN Personal Finance go to:
https://blogs.extension.org/militaryfamilies/category/pe
rsonal-finance/
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59. www.extension.org/62581
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