Investments glossary

G.I. Bill

The G.I. Bill, also known as the Serviceman’s Readjustment Act of 1944, was enacted by Congress and signed into law by former President Franklin D. Roosevelt to provide various benefits to World War II veterans. Today, the G.I. Bill refers to any U.S. Department of Veterans Affairs education benefit, such as education grants and stipends, earned by active-duty service members, veterans, and their families.

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