Helping Military Spouses Save

September 28, 2022

Now is the time for employers, policymakers, communities and others “to do their part to lessen the financial costs of military spouse unemployment,” Eric Eversole and Mark Steffe wrote for Military Spouse. Eversole is president of the U.S. Chamber of Commerce Foundation’s Hiring Our Heroes. Steffe is president and CEO of First Command Financial Services.

They note that military spouses often stop and start their career paths to move with their military spouse, leading to underemployment, unemployment and missed opportunities to save money.

Among their recommendations are to increase remote and portable jobs, make it easier for military spouses to become vested in employer-sponsored savings plans, and promote financial education and financial planning services for military spouses.

Hiring Our Heroes surveyed military spouses for its recent report “The Hidden Financial Costs of Military Spouse Unemployment.” First Command Financial Services sponsored the project.

Air Force photo by Airman 1st Class Colleen Anthony

September 28, 2022

Recent News

In Our Communities

In Our Communities

Kansas Gov. Laura Kelly (D) vetoed legislation that would have limited foreign investor ownership of land near military installations, WIBW reported. Kelly cited constitutional concerns with some of the bill’s provisions. “If the legislature is serious about...

New Army Ad Campaign Focuses on Civilian Employee Recruitment

New Army Ad Campaign Focuses on Civilian Employee Recruitment

The Army hopes its new recruiting campaign, “Find Your Next Level,” will convince professionals to make the Army civilian workforce their next career step, as Task & Purpose reported. “Today’s workforce seeks meaningful careers, but few see Army civilian careers...

Nine Military Hospitals Receive Top Marks for Patient Safety

Nine Military Hospitals Receive Top Marks for Patient Safety

Nine military medical facilities received top grades for patient safety from the Leapfrog Group, a nonprofit watchdog, according to Military News. The assessment, part of Leapfrog’s Hospital Safety Grades program, evaluated over 30 performance measures at 3,000...

Wednesday Webinar on REPI Challenge Grant Proposals

Wednesday Webinar on REPI Challenge Grant Proposals

DOD Readiness and Environmental Protection Integration (REPI) Program leaders will host a webinar May 15 at 3 p.m. Eastern time to discuss REPI Challenge grant funding proposals and field questions from prospective applicants. You can join the webinar at this link....

Warren Highlights DCIP as Opportunity for Off-Base Housing Support

Warren Highlights DCIP as Opportunity for Off-Base Housing Support

Sen. Elizabeth Warren (D-Mass.) suggested Wednesday that the Defense Community Infrastructure Program is one way to help solve the housing crunch in many military communities. The program, which Congress made permanent last year, provides grants for infrastructure...

PAST STORIES