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USAA is The American Legion's preferred provider of financial services. Offering a range of top-rated financial and insurance products and services. USAA welcomes honorably discharged U.S. military veterans, active-duty troops and qualified family members and descendants of those who have served. USAA contributes funds to American Legion programs when members join through a dedicated channel: or by calling toll-free at 1-877-699-2654.

Financial Questions & Answers

Financial Questions & Answers


We are octogenarians looking for a safe place to put 40 percent of our life savings, pending the possible need for senior-assisted living. We invested $450,000 with tax-free municipal bonds and are considering additional funds. Any thoughts? – Leo


We don’t know enough about you or your financial situation to feel comfortable providing a specific investment recommendation. There are a number of conservative options out there that might warrant consideration for your portfolio. For example, certificates of deposit, fixed annuities, and other (than municipal) bond funds might all work. Consider giving one of our advisors a call at (877) 699-2654. They should be able to gather all the details and provide you with the specific recommendation you seek.