TOPEKA, KS---Copies of the second edition of the “Financial Field Manual: The Personal Finance Guide for Military Families” will be distributed to military bases and directly to military families in Kansas by the Office of the Kansas Securities Commissioner under a partnership of the Investor Protection Trust (IPT), the Investor Protection Institute (IPI), the Council of Better Business Bureaus (CBBB) and Kiplinger’s Personal Finance Magazine.
Kansas Securities Commissioner Aaron Jack said: “We are aware of the fact that military families in Kansas face a lot of financial pressures during these difficult economic times. That’s why we are eager to help get out the word to active and retired military personnel and family members about what they can do to strengthen their finance and also to avoid the unscrupulous con artists and quick-buck schemers who prey on those who serve our nation.”
IPT President and CEO Don Blandin said: “For military families at home, readiness in terms of their personal finances can be nearly as important as the readiness of their loved ones who are in harm’s way serving our nation. Unfortunately, military families can have a difficult time finding the resources needed to help them make smart investing decisions. To fill this gap in financial education, the Investor Protection Trust and the Investor Protection Institute have partnered with Kiplinger’s Personal Finance Magazine and the Council of Better Business Bureaus to publish ‘Financial Field Manual: The Personal Finance Guide for Military Families’.”
Written in Kiplinger’s accessible style by contributing editor Kimberly Lankford (a military spouse), the January 2012 guide from IPT, IPI, CBBB and Kiplinger’s focuses on the key issues that can help military families make informed investing decisions, protect their money and their families, and take charge of their financial lives.
The 20-page booklet features success stories from service members and their families, and provides comprehensive guidance on a wide range of timely personal finance topics, including:
? Investing for the Future. The guide shows military families how to make the most of their special savings plans, make smart investing decisions, and avoid the new generation of scams
? Protecting Investments and Family. Military families have some unique risks—especially when they’re deployed—but they also have access to special programs to help them protect their savings and their families.
? Special Home-Buying Resources. Military families, who tend to move frequently and sometimes with little notice, have been hit particularly hard by the housing downturn. But they also have access to special mortgage programs and tax breaks.
? Protecting Investments When Leaving the Military. The booklet provides guidance to help ensure that the savings service men and women have built throughout their service lasts through retirement – which is particularly timely as they enter a challenging civilian job market.
? Special Benefits for Military Families. Members of the military have special legal rights and access to other valuable benefits, such as a GI bill that can help service members, their spouses and their children pay for college.
ABOUT THE OFFICE OF THE KANSAS SECURITIES COMMISSIONERThe Office of the Kansas Securities Commissioner is charged with administration and enforcement of the Kansas Uniform Securities Act and the Kansas Loan Brokers Act. The Office investigates and prosecutes securities fraud, the offer or sale of unregistered securities, and the offer or sale of securities by unlicensed stockbrokers or investment advisers. For more information and investor education resources, visit www.ksc.ks.gov or find us on facebook.
ABOUT IPTThe Investor Protection Trust (IPT) is a nonprofit organization devoted to investor education. More than half of all Americans are now invested in the securities markets, making investor education and protection vitally important. Since 1993 the Investor Protection Trust has worked with the states and at the national level to provide the independent, objective investor education needed by all Americans to make informed investment decisions. The Investor Protection Trust strives to keep all Americans on the right money track. www.investorprotection.org
ABOUT IPIThe Investor Protection Institute (IPI) is an independent nonprofit organization that advances investor protection by conducting and supporting unbiased research and groundbreaking education programs. IPI carries out its mission through investor education, protection and research programs delivered at both the national and grassroots level in collaboration with state securities regulators and other strategic partners. www.protectinvestors.org
ABOUT KIPLINGERKiplinger’s Personal Finance magazine has been providing millions of Americans with down-to-earth advice on managing their money and achieving financial security since 1947. Along with Kiplinger.com, it is a highly trustworthy source of information on saving and investing, taxes, credit, homeownership, paying for college, retirement planning, car buying and many other personal finance topics.
ABOUT BBB MILITARY LINEBBB Military Line® is a Better Business Bureau 501(c)(3) program established in 2004. It operates in partnership with the DOD Financial Readiness Campaign and is a partner in the National Joining Forces Initiative. BBB Military Line brings financial workshops tailored to the military for adults and teens; participates in community fairs, conferences and military-installation events; and provides consumer protection information and services throughout the U.S. Our program empowers our military communities and builds bridges between civilian and military cultures through face-to-face interaction and cooperation. www.bbb.org/military
CONTACT: (Shannon Stone, Director Investor Education for the Kansas Securities Commissioner’s Office at 913.652.9164 or Patrick Mitchell, for IPT, at 703-276-3266 or firstname.lastname@example.org.