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Air Force – Incentive and Special Pay

Incentive and Special Pay can be received in addition to Basic Pay. A 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 the requirements in Table 8-1 of the DoD Financial Management Regulation (DODFMR) may be awarded a special duty assignment rating under procedures … [Read more...]

Commissioned Officer Pay – Marine Corps (FY2011)

Being a Marine Corps Officer entitles you to great compensation for your time and your hard work and dedication to help serve and protect your Country. Here are the basic pay rates for becoming an Officer in the Marine Corps. Marine Corps Commissioned Officer Pay January 1, 2010 Marine Officer Pay Less than 12 Years of Service Years < 2 Over 2 Over 3 Over … [Read more...]

Air Force Enlisted Pay – FY2010

Active duty servicemembers are paid twice per month, on the 1st and the 15th of each month. The charts below show MONTHLY pay, therefore, you would receive 1/2 of this on each payday. A member's grade (usually the same as rank) and years of service determines the amount of basic pay received. Enlisted Basic Pay Rates January 1, 2010 … [Read more...]

Army Allowances

The military compensation system currently has over 70 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 and subsistence. They are very important because they make up a large majority of a soldier's pay. Army members at home or abroad, living with or without … [Read more...]

Overseas Housing Allowance (OHA)

The Overseas Housing Allowance (OHA) enables military members assigned overseas to privately lease housing on the economy. This program encompasses a reimbursement system designed to partially defray housing costs when on-base or government leased housing is not available. OHA is paid to approximately 60,000 members overseas at a yearly cost of $1.8 billion. The Overseas … [Read more...]

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Coast Guard Gets New Fast Response Cutter

JUNE 13, 2026 — The U.S. Coast Guard accepted delivery of the 63rd Fast Response Cutter, Jeffrey Palazzo (WPC 1163), on Thursday in Key West. Jeffrey Palazzo is the fifth FRC to be homeported in Guam, joining the recently commissioned Vincent Danz (WPC 1162). The Sentinel-class FRCs replaced the 1980s Island-class 110-foot patrol boats and […]

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, […]

Why Veterans with Disabilities Need ABLE Accounts

MAY 18, 2026 – For many veterans living with disabilities, financial security can be a familiar challenge.  A little-known financial tool – called an ABLE account – can offer help.   Achieving a Better Life Experience accounts (“ABLE” accounts) have existed since 2016, and a landmark eligibility expansion that took effect January 1, 2026 is making […]

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