AFM Test Learning Hub

Military Wealth Management vs. Financial Planning: Key Differences

Admin — Wed, 20 Aug 2025 04:00:00 GMT

The terms “wealth management” and “financial planning” are often used interchangeably when discussing finances, but they’re actually two distinct services with different purposes. Learn how to decode these differences so you can make well-informed financial decisions that suit your needs both now and well into the future.

The Different Types of Permanent Life Insurance to Know

Admin — Wed, 20 Aug 2025 04:00:00 GMT

Permanent life insurance is one of the most powerful tools for building financial security — especially when it includes guaranteed benefits and cash value growth. But for many, it can seem intimidating to figure out which type of coverage is the best fit for them. There are several types of permanent insurance to meet the diverse needs of the military community — you just need to determine which one is right for your family for all that the future may hold.

Amazing Programs That Support Military Caregivers

Admin — Wed, 20 Aug 2025 04:00:00 GMT

In 2024, with support from the Elizabeth Dole Foundation, researchers at RAND conducted a Caregiving Survey. The results showed that there are 14.3 million military and Veteran caregivers in the United States. Making up 5.5 percent of the U.S. adult population, these individuals help ensure the health and wellness of wounded, ill, or injured servicemembers and Veterans. Among this group, 1.5 million caregivers are supporting Veterans or servicemembers who served after September 11, 2001.

Is the Survivor Benefit Plan Worth It for You? How to Decide.

Admin — Tue, 19 Aug 2025 04:00:00 GMT

By Amanda Huffman
Military Spouse & Veteran

What VA Benefits Are Post-9/11 Veterans Who Suffer from Airborne Hazards and Burn Pit Exposure Entitled To?

Admin — Tue, 19 Aug 2025 04:00:00 GMT

Many Americans were impacted by the September 11, 2001, attacks, and some felt called to enter a life of service. Those who began serving in the military after September 11 are considered “post-9/11 Veterans.” They are the youngest cohort receiving healthcare, benefits, and other services through the U.S. Department of Veterans Affairs (VA). As of 2016, a lower percentage of post-9/11 Veterans were enrolled in VA Health Care than all other Veterans, while in receipt of compensation and pension benefits, while other VA benefits was higher among post-9/11 Veterans than other generations of Veterans.

How to Maximize Your VA Benefits

Admin — Thu, 14 Aug 2025 04:00:00 GMT

In recognition of the sacrifices you made and risks you took as a military servicemember, you receive a wide variety of benefits, ranging from healthcare, education, and financial assistance to military discounts and more. But for many Veterans, it can be difficult — and overwhelming — to try to sort through the different programs and services they are entitled to receive.

Using Whole Life Insurance to Build Cash Value Without Market Risk

Admin — Wed, 23 Jul 2025 04:00:00 GMT

Whether you’re a military servicemember, spouse, or Veteran, you’ve committed your life to serving your country — and you deserve the opportunity to create a financial plan that serves you just as reliably. By including permanent life insurance as part of your overall financial wellness plan, you can gain not only solid life insurance protection, but also peace of mind knowing your loved ones are protected should the worst happen — plus, you can also build guaranteed cash value over time.

Why Your Life Insurance Shouldn’t Ride the Market Roller Coaster

Admin — Tue, 22 Jul 2025 04:00:00 GMT

In life, the only thing that is truly certain is, well, uncertainty. This is especially true for military families who are all too familiar with the many changes that come with their commitment to service — from changing duty stations, homes, and schools to losing and regaining local support systems, and more. These changes can shake up a family’s financial stability. One way to manage those twists and turns is through life insurance coverage that sets up a secure future for your loved ones. But life insurance policies differ, and it’s important to understand your options so you can choose one that offers the predictability, protection, and lifelong coverage you really need, instead of a bumpy ride.

How to Use Military Tuition Assistance While Serving

Admin — Tue, 15 Jul 2025 04:00:00 GMT

One of the many benefits servicemembers receive from the military is tuition assistance to help offset education costs. Through this program, you can receive up to 100% of tuition as you earn your degree or professional certificate.

How to Maximize Your Base Allowance for Housing

Admin — Thu, 10 Jul 2025 04:00:00 GMT

What Is Base Allowance for Housing (BAH)?

A vital part of military compensation, Basic Allowance for Housing (BAH) is designed to help servicemembers cover the cost of housing when government quarters are not provided. While the exact amount of BAH is determined by rank, location, and dependency status, the way you use these funds can significantly impact your financial well-being. With smart planning, you can stretch your BAH further, build wealth, or even enhance your family’s quality of life.