Most Popular Military Pay Articles

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    Military Pay Charts for 2017
    Military.com
    The military will either see a 1.6% or a 2.1% pay raise for 2017.
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    2017 Military Pay Charts
    Military.com
    Check out the 2017 US military pay scale charts for all ranks for active duty, as well as Reserve and Guard components.
  • Marine retirement
    The Military Retirement System
    Military.com
    The following is a summary of what you need to know regarding Military Retirement pay benefits.
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    Basic Allowance for Housing Rates
    Military.com
    Each year the Basic Allowance for Housing (BAH) is updated to meet current housing costs in military housing areas (MHAs).
  • Vietnam veterans Robert Rivers and Daniel Brown
    COLA for Retired Pay
    Military.com
    Each year military retirees receive a Cost of Living Adjustment to their retirement pay. The increase is based on inflation rates.

Video Helps Retirees Avoid Owing Back Taxes

Taxes

According to the IRS, almost half of the unpaid taxes owed by current and retired federal employees are owed by retired military servicemembers. Most often, this is because these retirees don't know enough about their tax obligations.

For this reason, the Armed Forces Tax Council, the American Bar Association and the Internal Revenue Service produced a 13-minute information video outlining steps you can take to ensure you don't end up having a large tax bill after you leave the service.

Click here to view the Federal Taxes After The Military: What You Should Know video.

Highlighted in this short video are instructions for using the IRS online Withholding Calculator -- a valuable tool you can use to project the amount of taxes you owe and allow for the correct amount to be withheld from your wages during the year.

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