LUKE AIR FORCE BASE, Ariz. — Whether its money needed for a college fund, car, future home or credit card debt, it is essential to plan ahead and create financial goals. “Financial goals enable us to properly plan where our money should be saved and spent,” said Cory Carmichael, 56th Force Support Squadron Airman and…

FORT LEE, Va. – In today’s economy, it’s hard to find the money for what many could consider the luxury of a higher education. Getting a scholarship to help pay for your investment can really help. That’s why the Defense Commissary Agency wants to remind you that the Feb. 22 deadline for students to apply…

HOLLOMAN AIR FORCE BASE, N.M. — The 846th Test Squadron successfully performed its most ambitious test to date on the magnetic levitation track at Holloman Air Force Base, Feb. 7. Members of the 846th were able to use the Maglev track in conjunction with a new propulsion system to reach an astounding speed of more…

Armed Forces News Service   WASHINGTON — As of January 27, merchants in the United States and U.S. Territories are permitted to impose a surcharge on any credit card transaction that uses a MasterCard or Visa branded card, which includes the Government Travel Charge Card, both Individually Billed Accounts (IBAs) and Centrally Billed Accounts (CBAs)….

The Aerospace Maintenance and Regeneration Group is on track to finish the F-4 Phantom phase of Air Combat Command’s full-scale aerial drone program. The regenerated planes will be converted into drones to be used by several bases for target practice. The regenerated planes will be used at Holloman Air Force Base, N.M., for U.S. Army…

WASHINGTON (AFNS) — A new task force will start work next month on a 120-day review of all family and military community programs across the Defense Department to determine their effectiveness and identify gaps and potential efficiencies, a senior defense official said. Charles E. Milam, acting deputy assistant secretary of defense for military community and…

WASHINGTON – January is National Blood Donor Month and Defense Department employees are encouraged to “roll up their sleeves and give the gift of life,” said Air Force Col. Richard McBride, Armed Services Blood Program director. The military blood program also celebrates its 60th anniversary this year, with “60 Years of Donors — We Thank…

Its that time of year again: tax season! As people begin to prepare their tax refunds and make plans for their reimbursements, the D-M Airman and Family Readiness Center is preparing to help base personnel with taxes and money management. Throughout the month of January, the A&FRC will be hosting several classes concerning finances to…

WASHINGTON — The legislation President Barack Obama signed Jan. 2 postponed the fiscal cliff and means changes to military and civilian paychecks, Defense Finance and Accounting Service officials said today. The legislation increases Social Security withholding taxes to 6.2 percent. For the past two years during the “tax holiday” the rate was 4.2 percent. The…

FORT MEADE, Md. (AFNS) — With the current military retirement system, Airmen must serve in the military for 20 years before reaping retirement benefits, unless they are medically retired before hitting that mark But what about Airmen who serve fewer than 20 years? What can they take away from their Air Force service beyond a…