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Magellan Federal Selected to Administer the Personal Financial Counseling Services Program for the Department of Defense Office of Financial Readiness

DOD offers financial advice for families & children

Military families may face financial challenges for a variety of reasons, and without assistance these issues could affect the health and well-being of children of those families. But help is readily available. Military families have access to financial counselors and other Department of Defense personnel - for free. Service members and families have access to free financial counseling and education services through Military and Family Support Centers and Military OneSource, said Beth Darius, a program analyst and an accredited financial counselor in the Department of Defense Office of Financial Readiness. With the assistance of a financial counselor, service members and families proactively create realistic spending plans to meet financial challenges and goals such as planning for retirement, paying down debt, and making major purchases.

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