Financial Assistance

Maryland National Guard Emergency Relief Fund
The Emergency Relief Fund is a non-profit charitable organization whose purpose is to provide financial support for military pay related issues.  All Maryland National Guard Soldiers and Airmen are eligible for assistance. Based on fund availability, the Emergency Relief Fund Provides one grant per guard family. No repayment is necessary. Loans are not available.

To qualify for a grant, several documents must be provided. They include, but are not limited to, all income sources, itemized statement of monthly and other expenses, other assistance received, and records of public assistance. Documentation that all other avenues have also been exhausted is also required (i.e. Red Cross, Army Emergency Relief). Applications are processed through the Family Assistance Centers

Personal Financial Counselor
Surge Military Family Life Consultant - Personal Financial Counselor (MFLC-PFC)
Surge MFLC-PFCs may be in place at local units if requested. These surge MFLC-PFC are usually available for six month time frames depending on need. MFLC-PFCs provide financial counseling and education services to military Service Members and their Families with personal financial readiness services. This includes providing personal and Family financial counseling, planning, education, awareness information services, appropriate referrals and assistance to applicable military Families. 

Contact Family Program at 410-576-6019 for the name and location of surge MFLC-PFCs and permanent MFLC-PFCs (active duty locations) in Maryland.

Financial Literacy
Here are some financial literacy resources for military families:
Investopedia - Explore a wide range of offers including free CDs, books, home study courses, software and trade recommendations
Joint Services Support Financial Management Awareness Program - Practical support, tools and resources are available to help secure the future, achieve financial goals and improve life quality.
Lutheran Social Services Financial Counseling Service - Free and confidential consultations to address debt, housing and bankruptcy.
Military OneSource Money Management - Offers short-term, solution-focused financial services to eliminate debt, grow a nest egg or make plans for filing taxes.
Mint - Brings all financial accounts together online or on a mobile device, automatically categorizes transactions and helps set budgets to achieve savings goals.
RothIRA.com - Explains and simplifies the complicated world of retirement savings by focusing on the Roth IRA, a tool with important tax savings if used properly.
Save And Invest - Unbiased financial tools and information for military families and all investors from the FINRA Foundation.
Thrift Savings Plan - Federal employees, members of the uniformed services and beneficiary participants have the opportunity to participate in one of the finest retirement plans in the world.