Tag: military pay
12 results found.
Don’t Fall for These Military Money Myths! – March
Military life is unique. From PCS moves to deployments to special pays and allowances, service members face financial situations most civilians never encounter. With that uniqueness comes plenty of we...
Military Pay and Entitlements – Special Situations
Reimbursement of Adoption Expenses Appendix AActive-duty members whose adoption of a child under 18 years of age has been finalized, may be reimbursed a maximum of $2,000 per child for qualified expen...
Military Pay and Entitlements – PCS and Travel
Permanent Duty Travel Related EntitlementsDislocation Allowance (DLA)A dislocation allowance (DLA) partially reimburses a service member for expenses incurred when moving a household. The DLA is a fla...
Military Pay and Entitlements – OCONUS Allowances
Overseas or Station Allowance EntitlementsMany allowances are location specific and payable to those stationed outside the Continental United States, also known as OCONUS. We will be covering four of ...
Military Pay and Entitlements – Special Duty Pay
Special and Incentive PaysThere are many incentive and special pays that are paid to members serving in particular specialties or due to the hazardous nature, location, or special skills necessary to ...
Military Pay and Entitlements – Additional Special and Incentive Pays
Foreign Language Proficiency Bonus (FLPB)The Secretary of the Military Department concerned will pay FLPB not to exceed $12,000 per year ($500 per month for one language or $1,000 for two or more lang...
Military Pay and Entitlements – CONUS COLA
CONUS COLA (Cost of Living Allowance)When a military member is assigned to a high cost of living area within the continental United States (CONUS), they may be entitled to CONUS COLA. By law, a high-c...
Military Pay and Entitlements – Clothing Allowances
Uniform and Clothing AllowancesUniforms are typically issued to enlisted members upon initial entry into the service or an allowance is given them to purchase required uniforms. The DODFMR VOLUME 7A, ...
Military Pay and Entitlements – How to Read Your LES
So far, we have broken down the essentials that you will see on your Leave and Earnings Statement (LES). We will continue our series and dive deeper into additional pay, allowances, incentives, and mo...
Military Pay and Entitlements – Common Deductions
Deductions From Military PayAs in civilian life, there are a number of deductions that must come from a military paycheck. Some deductions are mandatory and some are voluntary. Let’s take a look at so...
Military Pay and Entitlements – BAH – Housing Allowance
Basic Allowance for Quarters (BAH)BAH is an allowance that is non-taxable to help offset the cost of housing when government-provided housing is not received. Your amount of your BAH will depend on wh...
Military Pay and Entitlements – BAS – Food Allowance
Basic Allowance for Subsistence (BAS)This is an allowance paid to military members to offset the cost of the meals for the member only, and not to offset the costs towards the family’s meals. Members ...
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Halloween night is filled with spooky costumes, tasty treats, and neighborhood cheer. The air is crisp, leaves are falling, the neighborhood is decorated, and the bowl of candy is ready. Though, for our furry family members a constantly ringing doorbell, glowing costumes, and continuous strangers knocking can feel like a full blown home invasion. The unexpected noises and door repeatedly opening c...
SGLI vs. VGLI: What Happens to Your Life Insurance When You Leave the Military?
When I separated from the USAF in 2024, life insurance was the last thing on my mind.I was focused on clearing the post, turning in gear, and figuring out what came next. Somewhere in that process, I overlooked what would happen to my life insurance.I left without enrolling in Veterans' Group Life Insurance (VGLI), and I didn't fully understand when my military coverage would end.If nobody walked ...
VA Home Loans: How to Get a Good Deal and Avoid Costly Refinancing Traps
Everyone who has gotten a VA loan knows how annoying the torrent of mailers promising "no-cost VA refinancing" with "record-low rates" are. Every one of them looks official. None offered the deal the headline promised.Some people fall for it. Don’t be one of them.That's exactly the situation we want to help you avoid. Whether you're buying your first home with a VA loan or considering refinancing ...
