Military Financial Literacy Act of 2026 expands personalized financial and housing counseling for Armed Forces members.
The Military Financial Literacy Act of 2026 aims to enhance financial literacy among members of the Armed Forces by establishing a program for personalized financial and housing counseling. This program will cover topics such as credit management, budgeting, and anti-predatory lending practices. The Secretary of Defense will collaborate with a HUD-approved counseling agency to provide these services. A report on the program's effectiveness will be submitted to Congress within two years of implementation.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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