The United States Coast Guard provides extensive benefits to you and your family. Some of the benefits besides a nice salary are paid vacation, excellent training, GI Bill for education, and veteran benefits. Life Insurance TRICARE/Healthcare Military Leave and Vacation Death and Survivor Benefits Active Duty Guardians also receive health care, life insurance, … [Read more...]
Military Tax Time
Filing taxes when serving in the military can be a complicated process. Often the military member and spouse are living in a different state (or even country) than their official state of residence. Not to mention, if the military member was deployed during the year, certain parts of his pay will not be taxable. Couple that with allowances received year-round that are … [Read more...]
Coast Guard Military and Civilian Clothing Allowances – FY 2011
The Coast Guard provides a clothing allowance and is given to service members to help pay for a member's uniform and other clothing costs. Civilian Clothing Authorizations Clothing Maintenance Allowance (BMA and SMA) Supplemental Clothing Allowance … [Read more...]
Coast Guard Basic Allowance for Substance (BAS) Rates – FY 2011
The Coast Guard offers Basic Allowance for Substance (BAS) and is designed to continue the military tradition of providing room and board for service members as part of their pay. The BAS rates for 2011 for officers and enlisted personnel are: Officers: $223.84 (Increase of $0.80 from 2009/2010) Enlisted: $325.04 (Increase of $1.17 from 2009/2010) The Enlisted Daily Discount … [Read more...]
Coast Guard Allowances Pay
The Coast Guard compensation system currently has several separate types of pay, special pay and allowances. Allowances are monetary amounts (often non-taxable) that are paid to an individual in lieu of furnished quarters, clothing and subsistence. They are very important because they make up a large majority of a servicemember's pay. Military and Civilian Clothing … [Read more...]