As part of its commitment to helping military families secure their financial future, the PenFed Foundation donated $100,000 to the Military Officers Association of America Military Family Initiative.

"We are looking forward to working with the PenFed Foundation leadership and the military community to advance our shared goal of increasing financial and retirement planning awareness in the military community," MOAA President/CEO, retired Air Force Lt. Gen. Dana Atkins said.

The MOAA announced plans to launch a cooperative military financial education effort later this year, focused on delivering content tailored to fit transition programs, which prepare service members for life outside of the military.

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