As an active-duty service member, you receive many benefits and entitlements like free access to Military OneSource services and support. One of the primary benefits to working in the military is a steady paycheck and tax-free allowances. Here’s a summary of the different military pay elements you might see on your monthly Leave and Earnings Statement.
If your service member has recently entered the military, you may now lose the ability to claim them as a dependent. On top of that, this may be the first time your loved one has ever had to file a tax return.
The day will come when you’re preparing to get out of the military. You might have spent many an hour already thinking about where you want to live when you get out. Now it’s time to get practical.
You’ve proven your commitment, discipline and resourcefulness in the military world. Now it’s time to trade in your experience for a great job. Just like everything, it’s all about readiness and attitude. Start early. Be prepared. Go for it.
Making the transition into civilian life is exciting, but does take preparation. Make sure you are well-prepared by following these four tips.