Veterans are some of the most important people in America. But unfortunately, they don’t always get the respect that they deserve. Nor do they get many benefits for having risked their lives to serve our country, and many other countries around the world.

Luckily, one place where they do get preferential treatment is the loan industry. Specifically, veterans get access to the best possible mortgage deal in America, known as the VA loan.

And while VA mortgages are the most common loans for veterans, they aren’t the only loan options available for veterans. Keep reading below to learn more about veteran financial assistance today, and to see what opportunities are available to you.

VA Home Loans

Again, the most common type of loan made available exclusively to past or present military service members is the VA home loan.

This is a mortgage loan that is guaranteed (or insured by) the Department of Veterans Affairs, aka the government. They don’t provide the funding. Normal mortgage lenders, such as banks provide the loan.

But mortgage lenders are able to offer this loan thanks to the guarantee from the VA to pay them back, should you default on the loan.

What makes this loan so special? It’s the only mortgage loan that allows qualified borrowers to buy a house for a 0% down payment.

That means you don’t need to put any cash down, though you will need to pay for some of the closing costs.

Normally, when borrowers put less than 20% down on a home purchase, they are required to pay private mortgage insurance (PMI), which is an additional monthly payment.

But VA loans don’t require it. Plus, interest rates are very low, another perk of these loans.

If you’re a veteran, this is one opportunity you don’t want to miss. And your benefit stays with you, long after your time of service. You can use it again and again as you move throughout your life.

Obtaining a VA Loan

To get a VA loan, the home you are purchasing needs to act as your primary residence. It can’t be a vacation home, second home, or rental property.

However, if you’re goal is to generate income from the property, you are able to purchase a duplex, triplex, or quadplex, and rent out the remaining units while living in one unit. 

This can be a great way for veterans to live mortgage-free, or even generate a profit while living at home. 

The home also needs to be conventional, and in good repair. No rundown homes that aren’t considered liveable at the money. And no geodesic domes or converted churches or barns will qualify for this program.

Individual lenders will set their own credit score requirements. If you have a low score, apply with multiple lenders to see if you can get approved. 

There is also a database of condo associations that qualify for VA loans if you don’t plan to purchase a single-family home. 

To get started with a VA loan application, you’ll need a Certificate of Eligibility (COE), which you can obtain through your benefits portal. You can check your eligibility status on the VA website. 

Personal Loans for Veterans 

Taking out a loan for a home isn’t the only option for those with veteran status. Personal loans are available as well.

Personal veteran loans function the same as standard personal loans. However, the rates and terms are more favorable.

You’ll get access to fast cash. You’ll likely pay lower rates than those applying for a standard personal loan. And the better your credit score and borrowing history, the lower it will be.

Not all lenders offer personal loans specifically for veterans. You’ll need to do some research as to which lenders off this great deal. 

Business Loans for Veterans

After their time of service, many veterans look to put the skills and discipline they’ve acquired to good use. Starting a business is one of the best ways for veterans to stay motivated and focused, particularly after difficult spells of service or combat.

It’s by no means easy to start a business. But thankfully, business loans for veterans are available to help them get the jumpstart they need.

SBA loans are those guaranteed by the Small Business Administration. They offer loans up to $350,000.

There are many benefits to SBA loans for veterans over standard SBA loans. For one, they are processed and approved much faster than standard loan applications. Funding can happen in days, not weeks, if approved.

Also, the fees for taking out an SBA loan are much lower for veterans than other business owners. 

For the most part, these loans are intended for existing businesses with at least two years of business history. The goal of these loans should be to expand your business, not to start one.

However, veterans that have a track record in the industry they are starting a business in may be eligible. 

You can use the proceeds for real estate, working capital, purchasing equipment, and more. 

Starting a Business as a Veteran

Starting a business is not an easy feat. The good news for veterans is that there is an ample amount of resources available to prepare them for the journey.

Numerous training programs are available for free to veterans to help them plan and start their companies. Some are offered by the SBA, though most operate through non-profit organizations. 

There are even programs available to women veterans specifically. 

Once you’re in business and are looking to expand, you can apply for SBA loans. The SBA doesn’t offer loans directly but guarantees them. YOu’ll need to find local lenders that offer SBA loans, such as banks or credit unions. 

Veteran Status is a Lifelong Benefit

Certain lenders may offer additional loans for veterans, but these are the most common types of loans you’ll see. All of them offer benefits over standard loans. 

So if you qualify for veteran status, or are close to qualifying, know that it will benefit you throughout your life.

Looking for more tips like this? Head to our blog now to keep reading. 

Are you thinking about venturing into the online trading world? You need a good and dependable brokerage to do that and every single one you find will promise to be the top choice. However, this doesn’t mean that you just accept what they are saying and don’t do your own research. You have to find the answers yourself and this means you assess the offerings of the broker before signing up. You can take advantage of this Get Prime Crypto review, if you are considering this platform for your trading needs. 

Registered in the Marshall Islands, BHVN introduced Get Prime Crypto for offering forex and CFD trading services to global traders. When you begin your research into the brokerage, you will discover that it appears to have a good reputation in the market. But, you need to check for yourself and this means assessing its offerings. Go through the review below to do so:

Start with the trading instruments 

You should begin your assessment of a broker’s offerings by checking out their trading instruments first. If you don’t want to trade the instruments they offer, you can just quite while you are ahead and look for a different platform altogether. This can save you a lot of time and effort in the long run. A quick look at the trading instruments provided by Get Prime Crypto shows that they are offering a very good combination to explore. 

They have added some of the best trading instruments from renowned financial markets in the world. You can trade leading currency pairs in the forex market, stocks of prominent companies, lucrative indices, popular cryptocurrencies and some stable commodities as well. Opening an account with Get Prime Crypto gives you the opportunity to diversify your portfolio and make high profits. 

Check the trading platform 

Taking a look at the trading platform provided to you is a must because it is the feature you engage with the most for your trading needs. You will find the trading platform at Get Prime Crypto more than appropriate in terms of providing a good trading experience. There is a WebTrader available, which requires no downloading and installation and boasts powerful technology that offers instant trade execution and one-click trading. 

The intuitive user-interface can be navigated with ease, even if you have no prior trading experience. Likewise, you will also find that Get Prime Crypto has added top trading tools, such as trading alerts, live charts, market updates, technical indicators and more. They have also developed mobile trading apps for Android and iOS ecosystems that you can download and trade from anywhere and anytime.

Go over the sign up process

What do you need to do to sign up with the broker? This is another aspect you need to assess and there are no complex or time consuming requirements to worry about here. This is because Get Prime Crypto allows you to register with them within five minutes. All you have to do register on the platform is go to the website and fill out the given form. It asks for your first name, last name, email address, password, phone number, country and date of birth. You also have to choose an account currency and accept the Terms and Conditions outlined. 

Don’t forget customer support

If there is one thing you need to assess for certain, it is the customer support you will be provided because this also determines your experience. You will find that Get Prime Crypto has been very thorough here because they have offered 24/5 customer support to their clients. You can reach out to their team through a phone number, or email address, both of which are given on their website. They are also available via WhatsApp and you can get them to contact you by filling out the contact form as well. 

Final Verdict 

The assessment makes it obvious that Get Prime Crypto is more than capable of offering you a seamless trading experience. 

Are you new to the world of credit cards and want to dig deep into the hype about it? Or are you not even curious because you have also made up your mind about how difficult credit cards have been over the years? Either way, you should stick with us till the end of this information piece because we are here yet again to make you familiar with something you may not have been before. Yes, today, we will be talking about the best-prepaid credit cards and will be telling you about a few of its benefits that you may not already know about.

Overspending? Not AFamiliar Term Here

Yes! One of the biggest and essential features of owning a prepaid credit card is not overspent. Do you not think of it as a benefit considering the shopaholic personality you have? Well, most of us have been stuck with the old payment methods for a long time now and sometimes even surpass our budget without much of a thought. But the deal with the best prepaid credit cards is somewhat different. The word prepaid itself explains the complete theory. This means that you can only use the amount you have in the past deposited. You can spend until you have a balance left and when it is gone, then await next month.

Limits TheLoss And Fraud Cases

The one essential thing that you need to understand here is that the best-prepaid credit cards have a balance and are not associated with the total amount in your bank account entirely. So you are then preventive to fraudsters and huge losses. Even if, in any case, you become the victim of any scam or trick, you are not going to do away with all your monetary funds. It is because you only keep a part of your entire balance in your prepaid card that too is finished till the end of the month. So you would not have to worry because, in any case, you are not putting your complete account at risk. Also, with prepaid cards come security and assurance, so you are not looted either way.

While wrapping up this article about the best-prepaid credit cards, we assume that we made you all a little familiar with this new thing in the world. We also hope for you best, always!

Trading online is very trendy these days and a lot of people are jumping into this bandwagon every single day. If you wish to do the same, you need the backing of a solid trading platform that you can bank on all the time. One such platform is Green Capitalz which is quite popular in the online trading world and is a platform that you can always rely on. 

There are many reasons why you should prefer to trade online with them. In this review, you can find out about their top features which are the best reasons why you should prefer to trade on this platform instead of any other. Now keep reading to learn more! 

Security Features

There are many security elements that are installed in this platform and their trading database. What this means for you as well as all the other traders is that you do not have to concerned about the safety of your trading funds or your personal information. There is a strong firewall put in place to block all hackers from getting in.  You do not have to be concerned about any unauthorized person breaking in the database and stealing your data- this is something that will never happen.

Also, the encryption software installed is great and all your data will be protected at all times. Another great security feature is the dual factor authorization which is very innovative and safeguards your online trading account by ensuring that only you can access your account and no one else. Overall, the security is fine and you are in safe hands when you trade on them.

Low Trading Fee

Iyou are new to trading, you might not be familiar with the trading fee terms like spreads and broker commissions. This is what you have to compensate your platform with for all revenue that you generate from your trades. So if the commissions are spreads are high, your profit margins will be low. The good thing about Green Capitalz is that the trading fee is low- the spreads are tight and the broker commissions are minimal as well. Thus, you can keep most of your profits which is the ideal scenario. 

I will also like to highlight that the transaction fee is zero. This means that no matter how many withdrawals or deposits you make in your account, you do not have to pay service charges and this helps to save some serious money down the road in your online trading journey. 

Device Accessibility

An important aspect of this trading platform is that is fully compatible with all modern devices folks are using these days. You have the flexibility to choose between laptop devices, smart phones, desktops and tablets. You may go for any model or make and expect a top-quality trading experience from your account. Even if a technical glitch pops up, their technical support team will fix it for you right away so that your trading activity is not hindered in any kind of way.

Another great feature you should know of is their cool user interface that is easy to use. You can find your way around it easily and even if you do fee lost in any way, their support team can help you out. Just shoot them a quick message and they will get back to you! 

Wrapping it Up

To wrap up, the Green Capitalz online trading brokerage platform is just the thing for you if you want to trade with high confidence. They have all the features you could need and are an ideal fit for you regardless of whether you are a veteran online trader or new to the trading game. You can sign up with them today, wire your funds and get started. Good luck trading your preferred assets with them. You will not be disappointed in hindsight- I can tell you that much! 

Those who work in the United States pay Medicare payroll taxes. Medicare taxes are withdrawn from your paycheck, and many seniors assume this money will fund their Medicare premiums in the future. However, this is not 100% true. So, who pays for medicare insurance richmond va? Keep reading to find out!

Medicare taxes

You may find it as a surprise that the money you have paid into Medicare over the years did not go to a Medicare account specifically for you. So, where did the money go that you have paid out over the years? The Medicare taxes you paid funded the seniors who were on Medicare at that time. For example, those currently paying Medicare taxes fund Medicare for today’s senior citizens.

If you aren’t covered by creditable coverage, you will apply for Medicare during your Initial Enrollment Period, which is based around your 65th birthday month. Your monthly premiums will draft from your Social Security check if you receive Social Security benefits. Those not receiving Social Security benefits will receive a quarterly bill for their premiums. If you aren’t sure when you’re Medicare will be approved, visit this link here: boomerbenefits.com/when-will-my-medicare-get-approved/

So, how much will Medicare cost you monthly?

How much is Medicare Part A?

Many of you won’t have to pay a dime for Medicare Part A. The reason behind the $0 premium is that some of the money you paid in Medicare taxes did, in fact, fund your Part A premium. If you or your spouse have worked 40 quarters (ten years) in the U.S. and paid payroll taxes, you will have a $0 monthly Part A premium.

Many of you might not have worked 40 quarters but worked between 30-39 quarters. If this is your case, you will pay $274 monthly for Part A in 2022. If you have less than 30 quarters, you will pay the total Part A premium of $499 per month in 2022.

Now, Medicare Part A does have a deductible. In 2022, the Part A deductible is $1,556 per 60-day benefit period. So, if you become an inpatient at the hospital, you are responsible for the Part A deductible and any co-insurance costs if you don’t have secondary coverage.

What is the cost of Medicare Part B?

Everyone will pay for Medicare Part B, no matter their work history. The standard Part B premium is $170.10 per month in 2022. However, Medicare Part B premiums are calculated differently than Medicare Part A. The Social Security office will look at your tax returns from two years ago to determine your Part B premium.

Those in a high-income tax bracket will be subject to an income-related monthly adjustment amount, known as IRMAA. You will pay the IRMAA charge as long as you remain in a high tax bracket. If your income were to change, you could file an IRMAA appeal.

On top of the Part B premium, you will also pay the Part B deductible when you seek outpatient care. In 2022, the annual Part B deductible is $233. Once you pay this amount, Part B will begin to cover 80% of your Medicare-approved charges. Therefore, you are responsible for the 20% co-insurance.

Medicare beneficiaries often purchase an additional plan, such as a Medigap or Medicare Advantage plan, for cost-sharing help. You can find a Medicare blog that details what these types of plans cover.

Are additional Medicare plans free?

Private insurance companies sell Medigap and Medicare Advantage plans. These two plans are very different and have different monthly costs.

A Medigap rate depends on your age, gender, zip code, tobacco use, carrier, and more. You will want to speak with a reputable Medicare broker to receive an accurate quote from multiple insurance carriers! Whatever the premium may be, you are responsible for the monthly payment. If you fail to pay for your Medigap plan, the carrier will disenroll you from the plan.

Medicare Advantage plans are different when it comes to their quoting. Advantage plans vary from zip code to zip code, and the insurance carrier will set the plan’s cost-sharing amounts, such as your premium, deductible, and copays. Again, working with a Medicare broker can help you shop Advantage plans across your area and find the most cost-effective plan for you.

Final point

The only person who is responsible for paying your Medicare premiums is yourself! But, if you are low-income, you may qualify for Medicaid assistance. To learn more about the cost of Medicare, visit Medicare.gov.