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  • myPay 2015 Tax Documents Schedule

    Taxes

    DFAS customers with myPay access (https://mypay.dfas.mil/mypay.aspx) will be able to obtain their tax statements online on the day they are posted using the secure and convenient pay management system. Additionally, military retirees and annuitants can download their 2015 account statements with information on wages, tax withholdings and allotment information. 2015-6 tax statement myPay and USPS mail schedule:    ... more

  • COLA for Retired Pay

    Vietnam veterans Robert Rivers and Daniel Brown

    Each year your military retirement pay is adjusted to meet the increased cost of living. This Cost of Living Adjustment varies from year to year based on the rise and fall of the Consumer Price Index (CPI). 2015 COLA Watch: The 2015 COLA rate is officially set at 1.7%. This will mean an increase in military retirement pay, VA rates for compensation and pension for disabled veterans and surviving families, and social security recipients beginn... more

  • Military Pay Allotments

    Pay

    Now available: The Military Pay App. Military.com has launched a new app that allows you instantaneous access to information about your pay and allowances from your mobile device. Get the free app for Android or iOS. Update: Service members are now blocked from setting up new paycheck allotments for personal property, Defense Department officials have announced. The change, which officials said is designed to protect troops from "unscrupulous... more

  • The Military Retirement System

    Marine retirement

    If you are considering making the military a career — or you have already made that decision, and just want to know more about your benefits — then this will be of special interest to you. This article looks at the current Military Retirement Systems and the choices facing most today's active duty members. The following is a summary of what you need to know regarding Military Retirement Systems: Military Retirement Overview Factor... more

  • 2016 Cost-of-Living Allowance (COLA)

    gi holds cash 600x400

    The Cost of Living Allowance or COLA helps offset the effects of higher living expenses that servicemembers stationed in expensive locations within the United States are faced with. Now available: The Military Pay App. Military.com has launched a new app that allows you instantaneous access to information about your pay and allowances from your mobile device. Get the free app for Android or iOS. As a servicemember, you can expect to be stati... more

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