One overlooked source of money has to do with insurance. Many military members, including Guard and Reserve, choose USAA for their insurance needs. A little known fact about USAA is that members have a Subscriber’s Account (formerly called a “Subscriber Savings Account”) which contains monies contributed through premiums for property and casualty insurance (such as car insurance) and distributed from time to time to the subscribers.
These periodic distributions amount to a refund of money not needed for operating reserves and they come as a credit on the quarterly or yearly premium, thus saving money for the customer. If one of the parties will be retaining USAA membership and benefits, including the balance in the Subscriber’s Account, then it makes sense to ask how much is in the Account and allocate the sum to that party, even though it is money which can’t be spent at present.
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