Navigating the military financial lifecycle | Consumer Financial Protection Bureau

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Whether you’re a servicemember entering basic training or you just hung up the uniform, we can help you handle financial challenges at every step of your military career. Get the resources .

Financial basics for new and current servicemembers

Servicemembers are expected to keep their finances in order at every step of their military career. Learn how. 

Permanent Change of Station (PCS) and deployments

Moving is a military fact of life and often means managing financial challenges ranging from dealing with leases to sometimes having others make decisions on your behalf.

PCS’ing with an auto lease

The Servicemembers Civil Relief Act (SCRA) allows active duty servicemembers to terminate an auto lease without paying early termination charges in some circumstances.

Transitions and life events

Learn more about handling other events in your personal financial life, from buying a home to raising a family with strong money management skills.

Leaving the service and veterans’ issues

From GI Bill benefits to Social Security, leaving the service requires navigating a different set of financial challenges. 

Generally, a debt collector cannot take funds from your Social Security or VA benefits directly from your bank account or prepaid card.  

Our Planning for Retirement interactive tool can help you make an informed decision about when to claim Social Security and what to expect.