Kiplinger

Financial Benefits for Military Families

David Muhlbaum: Veterans Day is meant to honor the service of persons who have served in United States armed forces. Today, we’re going to talk about the ways the federal government and other institutions help veterans get their due in the form of special benefits, tax breaks and legal protections. Sandy and I will also discuss holiday tipping in the time of COVID and cost of cats. That’s all ahead on this episode of Your Money’s Worth. Stick around.

Welcome to Your Money’s Worth. I’m kiplinger.com senior editor David Muhlbaum. I’m joined by senior editor Sandy Block. Sandy, how are you?

Sandy Block: I’m doing great, David.

David Muhlbaum: Just to be clear, we are aware that there was kind of a big event this week.

Sandy Block: Yeah. I think there was an election.

David Muhlbaum: Right. And the thing is, as you also know, it’s still unfolding. We literally don’t know who the next president will be right now. And so, while some races have been called, and some conclusions can be drawn, it’s too early to say how the pocketbook and economic issues that we like to stick to here will be affected.

Sandy Block: That’s right. Sometimes it’s better to say....

David Muhlbaum: Nothing.

Sandy Block: Nothing.

David Muhlbaum: Nothing at all. It’s safer for sure.

Sandy Block: So, okay, let’s talk about tipping, which can be controversial too.

David Muhlbaum: Yeah, true. One of the things I noticed at the start of the pandemic was a lot of generosity — or maybe it was guilt — from people who were realizing that by staying home and having everything delivered, groceries in particular, they were minimizing their own risk of infection, but increasing someone else’s, and I think one of the ways people were compensating was by tipping big. The Instacart driver, the person bagging up the takeout orders, that sort of thing.

And here we are, seven plus months into this, and we have a

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