Personal Finances in the Military

Military OneSource makes it easy to connect with experts, access powerful financial tools and get proven, practical financial information and resources – including military pay charts and calculators – all at no cost to you.

Connect with Financial Experts You Can Trust

The financial consultants you’ll find through Military OneSource can help with any of your money issues – from budgeting and money management to debt reduction and taxes. Speak with a trained professional on your own terms – by phone, live chat or through a secure video chat.

A few of the ways we can help:

Financial basics
Debt coaching
College saving

Retirement planning
Tax services
Budget planning

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Access Free Financial Tools, Services and Resources

Military Pay 101: Basic Pay, Allowances and S&I Pay

Questions on military pay, allowances, benefits and entitlements? Find the military pay scale, chart and rate or information on Basic Allowance for Housing and other allowances tailored to your needs.

Financial Well-Being Assessment

Use this online tool to appreciate your financial strengths and learn where there is room to grow, no matter where you are in your military journey.

Personal Finance Calculators

Calculating your retirement? Using your first check to finance a new car? Want to save for college, buy a house or pay down credit card debt? Military OneSource has a collection of 11 military finance calculators to show you the best ways to pay for life expenses.

About Military OneSource

Military OneSource is your free 24/7 gateway to information, answers and support. As a Defense Department-funded program, we put expert confidential help to work for service members, immediate family and survivors who need a little extra guidance to get through an issue. Just ask.

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Office of Financial Readiness

The Defense Department’s Office of Financial Readiness provides a wealth of information covering topics such as how to manage your money, saving and investing and planning for the future.

Service members and their families can also access personal financial information via the DOD’s free Sen$e app, available through both the Apple Store and Google Play.

Get Proven, Practical Financial Information and Resources

Military Finance Articles

Service member uses a calculator app to complete BRS training.

How Active Duty Service Members Can Use the Official BRS Retirement Calculator

Try using the Blended Retirement System’s official military pay calculator to see how to grow contributions into BRS lump-sum retirement payments or steady withdrawals from your Thrift Savings Plan over retirement.

A veteran writes down notes on military tuition assistance.

Which GI Bill Is Best for You?

Financial help for higher education is one of the military’s biggest earned benefits for service members and their families. See which program best fits your budget and your education goals.

Military Consumer Protection

Whenever you sit down to work on your financial goals, think about how you can maximize what you earn, spend wisely, protect your assets and be a savvy borrower, saver and investor.

A marine talks with staff at a tax assistance center.

Three Ways to Get a Federal Tax Extension as a Service Member

If you can’t file your federal tax return by the deadline, then consider filing for an extension. Three types of extensions are available to service members: automatic extension, if your duty post is OCONUS or you are serving in a combat zone or contingency operation.

Military Pay 101: How to Open Bank Account and an Introduction to TSP

When you receive your first Leave and Earnings Statement, it means you’ve been paid for your service in the armed forces. Here are some tips for making the most of your basic pay.

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Podcasts and Webinars

Money Matters
Courses

Five courses outline the fundamentals of money management, helping you to become financially savvy.

Blended Retirement System
Webinar

Overview of the Blended Retirement System education plan for service and family members, as well as a question-and-answer session with program and policy directors.

Thrift Savings Plan and Savings Deposit Program Information
Podcast

Learn about the Thrift Savings Plan and the Savings Deposit Program, two ways to maximize your personal and retirement savings for greater financial security and peace of mind.

Big Fun on a Small Budget
Podcast

Trimming your budget doesn’t mean doing away with fun altogether. Your local MWR department is full of options that won’t break the bank.

Stay Informed

Still need help with your finances?

Military OneSource is ready 24/7 to help you and your family take control of your finances. Schedule a financial planning session. Our counselors are standing by to answer your financial questions.