On January 28, 2008, President Bush signed into law the National Defense Authorization Act for fiscal year 2008. Among other things, the Act amends the Family and Medical Leave Act of 1993 (FMLA) to permit a "spouse, son, daughter, parent, or next of kin to take up to 26 weeks of leave to care for a member of the Armed Forces (including a member of the National Guard or Reserves) who is undergoing medical treatment, recuperation, or therapy, is otherwise in outpatient status, or is otherwise on the temporary disability retired list, for a serious injury or illness."
During the past four years, the Garrett Planning Network has enjoyed a unique partnership with the Military Officers Association of America (MOAA).
“There are many different financial companies in the business of providing financial advice including brokerages, insurance companies, wealth management firms and fee-only financial planners,” said a 2004 MOAA Member Services Update that went out to MOAA’s 130,000 members. “Each of these approaches has advantages and disadvantages. But, after considerable research we feel that the fee-only model is best suited for MOAA, and that the Garrett Planning Network is the organization best suited to provide this service.”
Sheryl Garrett, founder of the Garrett Planning Network added, “The alliance gives MOAA a place to direct people who need high-quality, reasonably-priced advice in their best interests. We have provided intensive training so that the participating Garrett planners may more fully understand the unique challenges faced by active duty, National Guard/Reserve and retired officers and their families."
Serving Those Who Serve Us All
As a proud member Garrett Planning Network, Lightship Mutual is pleased and honored to work with the families and communities who support the mission and values of the MOAA. As such, we proudly offer a 20% discount to all MOAA members. As with all of our clients, we welcome members' questions and financial concerns regardless of yearly income or net worth.
Specifically, the law permits:
- Up to 26 weeks of leave in a one-time 12-month period to care for a service member with a "serious illness" who is injured in the line of active duty, effective immediately
- Up to 12 weeks of leave in any 12-month period for a "qualifying exigency" related to a service member's call to active duty. What constitutes a "qualifying exigency" will be defined shortly by the Department of Labor.
During the past four years, the Garrett Planning Network has enjoyed a unique partnership with the Military Officers Association of America (MOAA).
“There are many different financial companies in the business of providing financial advice including brokerages, insurance companies, wealth management firms and fee-only financial planners,” said a 2004 MOAA Member Services Update that went out to MOAA’s 130,000 members. “Each of these approaches has advantages and disadvantages. But, after considerable research we feel that the fee-only model is best suited for MOAA, and that the Garrett Planning Network is the organization best suited to provide this service.”
Sheryl Garrett, founder of the Garrett Planning Network added, “The alliance gives MOAA a place to direct people who need high-quality, reasonably-priced advice in their best interests. We have provided intensive training so that the participating Garrett planners may more fully understand the unique challenges faced by active duty, National Guard/Reserve and retired officers and their families."
Serving Those Who Serve Us All
As a proud member Garrett Planning Network, Lightship Mutual is pleased and honored to work with the families and communities who support the mission and values of the MOAA. As such, we proudly offer a 20% discount to all MOAA members. As with all of our clients, we welcome members' questions and financial concerns regardless of yearly income or net worth.
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