Army Recruits Earn Down Payment For Biz

Beacon Journal:

Michael Namoski Jr. someday will be $75,000 richer because of his decision to join the Army.

Namoski, who left Wednesday for basic training at Fort Sill, Okla., is one of the first recruits in America to sign up for a new Army Advantage Fund enlistment bonus, which will give him $35,000 when his four-year enlistment ends to use to start a small business.

Namoski also will receive a $40,000 enlistment bonus.

The Northern Ohio area is one of five test markets in the country where the Advantage Fund is available. The other areas are Albany, New York; Montgomery, Alabama; San Antonio, Texas; and Seattle, Washington.

The Advantage Fund money, which can be as high as $40,000 for a six-year-enlistment, can be used for a future small business or a down payment on a house.

Editor’s note: This could mean a lot of new entrepreneurs and small biz owners in six years.

Photo by soldiersmediacenter.

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