1. Before You Take Off: Financial Planning for Deployment (FEB 2013) 1 Before You Take Off: Financial Planning for Deployment Facilitator’s Name Date

2. Before You Take Off: Financial Planning for Deployment (FEB 2013) 2 Identify documents important to effective financial planning for deployment. Discuss the importance of having a financial management plan during deployment. Objectives

3. Before You Take Off: Financial Planning for Deployment (FEB 2013) 3  Defense Enrollment Eligibility Reporting System (DEERS)  ID Cards  Will and Living Will  Beneficiaries on accounts  Powers of Attorney (POA) Update Important Documents

4. Before You Take Off: Financial Planning for Deployment (FEB 2013) 4 Spending Plan INCOME –Wages/Salary –Alimony –Child Support –Retirement income –Social Security EXPENSES –Savings/Emergency –Food –Housing –Utilities –Transportation –Insurances –Clothing

5. Before You Take Off: Financial Planning for Deployment (FEB 2013) 5  Basic Pay  BAH, BAS, Per Diem  Family Separation Pay  Incentive or Special Pay  Hostile Fire/ Imminent Danger Pay  Combat Zone Tax Exemption Know Your Income

6. Before You Take Off: Financial Planning for Deployment (FEB 2013) 6 Check your Leave and Earnings Statement (LES)

7. Before You Take Off: Financial Planning for Deployment (FEB 2013) 7  Regular Expenses ‒ Rent/Mortgage ‒ Utilities ‒ Transportation ‒ Insurance ‒ Savings ‒ Debt Payments Anticipate Expenses  Deployment Expenses – Uniforms – Storage Fees – Packages/Stamps – Child care/Maid Service – Meals away from home

8. Before You Take Off: Financial Planning for Deployment (FEB 2013) 8  Financial arrangements – Financial Caretaker – Direct Deposit – Allotments – Automatic bill pay  Taxes – Automatic 60-Day filing Extension – 180-Day Automatic Combat Zone Extension – POA or Spouse –Help www.militaryonesource.com www.militaryonesource.com (FREE tax preparation or questions) 1-800-342-9647 Develop a Plan

9. Before You Take Off: Financial Planning for Deployment (FEB 2013) 9 Savings Emergency savings Revolving savings Long-term savings –Saving Deposit Program –Thrift Savings Plan

10. Before You Take Off: Financial Planning for Deployment (FEB 2013) 10  Service Members’ Group Life Insurance (SGLI)  Family Service Members’ Group Life Insurance (FSGLI)  Traumatic Injury Protection Under Service Members' Group Life Insurance (TSGLI) Insurance

11. Before You Take Off: Financial Planning for Deployment (FEB 2013) 11 Credit Bureaus: Equifax 1-800-525-6285 –www.equifax.comwww.equifax.com Experian 1-888-397-3742 –www.experian.comwww.experian.com TransUnion 1-800-680-7289 –www.transunion.comwww.transunion.com Register an “active duty alert” Order your free credit reports at www.annualcreditreport.comwww.annualcreditreport.com Protect Your Identity

12. Before You Take Off: Financial Planning for Deployment (FEB 2013) 12 Things to Do

13. Before You Take Off: Financial Planning for Deployment (FEB 2013) 13 Identify documents important to effective financial planning for deployment. Discuss the importance of having a financial management plan during deployment. Objectives

14. Before You Take Off: Financial Planning for Deployment (FEB 2013) 14 Before You Take Off: Financial Planning for Deployment Facilitator’s Name Date The Department of Defense YRRP adapted this briefing from the Army Community Service (ACS) Mobilization and Deployment Program