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Burial Allowance

In certain circumstances, a Burial Allowance is available from the Veterans Benefits Administration. VA burial allowances are partial reimbursements of an eligible veteran's burial and funeral costs. When the cause of death is not service related, the reimbursements are generally described as two payments: a burial and funeral expense allowance, and a plot or interment … [Read more...]

Military Leave

One of the great benefits of today's military is Leave. The Leave program is designed to allow service members to use their authorized leave to the maximum extent possible. The leave program allows service members to relieve the pressure and stress of today's military duty by being able to spend time with families, take care of emergencies and just relax and recuperate. There … [Read more...]

Marine Corps – Incentive and Special Pay

Incentive and Special Pay can be received in addition to your Basic Pay in the Military. A Marine Corps member entitled to special duty assignment pay may receive such pay in addition to any other pay and allowance to which they are entitled. Members who meet certain requirements (Table 8-1 of the DoD Financial Management Regulation (DODFMR)) may be awarded a special duty … [Read more...]

Marine Corps – Allowances

Allowances in the Military make up the majority of a Service members pay. Military allowances are available in addition to military pay for members of the armed services at home or abroad. Allowances help meet costs for housing, clothing, living expenses, travel, and per diem. The amounts of allowances given are based on factors that may include duty station, occupation, … [Read more...]

Moving and Relocation Allowance

The military pays for the transportation of household goods during a permanent change-of-station move. In addition, a Temporary Lodging Allowance covers the cost of temporary housing at the beginning and end of a move. To further offset moving costs, a Dislocation Allowance is also granted for permanent change-of-station moves. Moving-In Housing Allowance (MIHA) Temporary … [Read more...]

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Service Member Compensation More Competitive

JULY 28, 2026 – The War Department kicked off the yearlong Military Compensation Educational Campaign this summer to help service members and their families learn about the total value of their compensation, so they can better achieve and maintain financial readiness. While the department continues to work with Congress, federal agencies, and military and veterans […]

Air National Guard Unveils New Bonus Program

MARCH 11, 2023 – On March 1st, the Air National Guard (ANG) launched a new bonus program to attract and retain personnel in critical specialties. The initiative offers significant financial rewards, with bonuses of up to $90,000 for eligible members, depending on their Air Force Specialty Codes (AFSCs). This strategic move aims to strengthen the […]

Military Students’ Tips to Balance Service and Studies

OCTOBER 10, 2025 – Studying in college while serving in the military can be highly rewarding but also extremely demanding in some respects. Military members, veterans, and their families typically balance demanding duty schedules, deployments, family responsibilities, and school schedules. It requires careful planning, flexibility, and being willing to seek and take advantage of available […]

Summer Spike in Military Retirements: Easing the Transition to Civilian Life

JUNE 5, 2026 – There are typically about 95,000 to 110,000 retirements from the military in a given year, as service members conclude careers that have often spanned more than two decades, crossing the 20-year service threshold required to access military retirement benefits. These retirements tend to steadily occur as the year rolls on; however, […]

Trump Accounts Lay Financial Foundation for Military Children

JUNE 26, 2026 – Thanks to newly available Trump Accounts, military families can lay the foundation to ensure each of their children has a head start on a rock-solid retirement plan, decades before they have jobs. First announced in conjunction with last year’s One Big Beautiful Bill Act, the tax-deferred Trump Account allows parents to […]

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