ACAP, MCCS offers financial planning
A Naval Support Activity Mid-South Sailor takes a moment to decide which credit card to use to complete his purchase at the local commissary.

Editor's Note: This is the first article in a series about ACAP financial-related services and other programs beneficial to our service members.

JOINT BASE MYER-HENDERSON HALL, Va. - Financial planning today, whether through a monthly budget or long-term investment, can be vital to long-term success, such as retirement. The Army Career and Alumni Program, or ACAP, on Joint Base Myer-Henderson Hall offers seminars, workshops and one-on-one financial counseling for service members and their spouses. In fact, the ACAP office on the Fort Myer portion of the joint base caters to outgoing service members by providing free services.

"This office caters to a unique demographic," said Carlos Rodriquez, ACAP transition services manager. "Servicemembers come here because [they know] we care about them. They will feel comfortable sitting with our financial counselor and talking privately and freely."

ACAP provides a five-day Army-mandated Department of Labor transition assistance program workshop to help Soldiers and their spouses prepare for life beyond the service, whether they are ending their enlistments or retiring from a military career.

The five-day workshop is divided into sections, covering topics on individual transition plan, job-seeking strategies, networking, resume building, interviewing techniques and financial planning.

Angel Love, financial counselor, provides five hours of financial training the first day of each transition assistance workshop held on the Fort Myer portion of the joint base.

"I teach a variety of topics unique to financial planning," said Angel Love, JBM-HH ACAP's financial counselor.

In the workshops, all aspects of financial planning are covered, including developing a budget; creating a viable spending plan; credit score familiarity; determining salary after the military; transferring military skills and qualifications when negotiating salary; taxes; residential and cost of living decisions and many other issues.

Upcoming retiring transition assistance seminars are scheduled May 5-9 or May 12-16 and June 9-13 from 8 a.m. to 4 p.m. at the ACAP Center, Bldg. 404. ETS TAP is scheduled June 2-6 from 8 a.m. to 4 p.m., at the ACAP Center, Bldg. 404.

To register for the workshops, or for additional information, phone 703-696-0973 or email acap.myer@serco-na.com.

Headquarters and Service Battalion, Headquarters Marine Corps Henderson Hall also offers a transition readiness seminar through the personal and professional development branch of the Career Resource Management Center on the Henderson Hall portion of the joint base for Marines transitioning out of the service. The Career Resource Management Center offers financial planning services similar to those of ACAP.

For dates and times of the seminar on the call 703-614-6828. For information about financial services offered on Henderson Hall, go to http://www.mccshh.com/Finance.html, or contact Jim Murphy, financial counselor at 703-614-6950.

Page last updated Mon May 5th, 2014 at 00:00