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

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.

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Living Overseas on Military Pay: What to Expect

Overseas or OCONUS permanent change of station orders can be exciting, especially if you’ve never been outside of the continental United States. The military can help you with the added costs of an international move and living expenses abroad.

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Online Military Memorial Pays Tribute to Service Members

The Department of Defense’s Military In Lasting Tribute memorial honors and remembers service members who died while serving honorably on active duty from 1985 to the present. It is the only DOD memorial to include peacetime deaths.

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How the Military Helps Pay for College and Job Training

The military is an honorable way for patriotic men and women to both serve their country and pursue a career. When it comes to education and career benefits, the military takes care of service members during, and after, their service. Of course, the military itself can be a rewarding career choice. But if they decide to move on, service members can access many tools, resources and benefits to successfully transition into civilian careers.

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Deductions, Allotments and What Comes Out of Your Military Pay

Like a coin, there are two sides of your military paycheck. There’s what goes into your paycheck — basic pay, allowances and special and incentive pays — and there is what comes out.

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

We’ve got some tips on how you can make the most of your basic pay — from the most important parts of your actual pay stub to picking the right bank account, to even getting a “raise” by increasing your Thrift Savings Plan contributions.

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How Your Service Member Will Benefit From the Military’s New Blended Retirement System

The military recently adopted a new retirement plan called the Blended Retirement System which extends benefits to a lot more service members than the old plan. The good news: the BRS can put your service member on the path to long-term financial security. And, the more a service member contributes to their own retirement, the more the Department of Defense matches it.

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Your Leave and Earnings Statement

Your monthly Leave and Earnings Statement, or LES, is one of the most important financial documents you have for mastering your money and achieving your financial goals. Here’s how to decipher the code.

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On Your Side: Military Financial Support

Service members and families have access to resources to save money, manage expenses and protect your finances. Learn about military pay, benefits and more.

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Managing Your Money as a New Service Member

You’re learning a lot of new skills in the military, and money management is an important one. As a service member, you may earn more, get special duty pay or have new expenses. Remember: It’s your money, so make the most of it by creating a spending plan. Staying on top of your finances is important for your security clearance, your career and your future.

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Living on Your Military Paycheck

You can take control of your financial future today. Start small with a few simple changes to save more, spend less, and better manage your day-to-day finances.

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How to Control Your Debt When You’re in the Military

Take control of your finances by gaining a better understanding of your debt and how to work toward paying off what you owe. Create a plan now and commit to your financial freedom.

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Tools to Help you Save for the Future

In the military, you learn to prepare for the future by using the tools at your disposal. Saving money is one important aspect of this. The more money you save, the more prepared you will be for opportunities or unexpected events that come your way. Read about several savings tools to help you get the most out of your military pay.

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7 Steps Military Families Can Take to Save Money

Saving money takes time, discipline and commitment, which is nothing new to military families. These seven steps will help you on your journey to financial security.

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11 Calculators to Help You Scope Out Your Personal Finances

Buying a car or appliance? Applying for a loan? Paying off debt? Saving for college? You can learn how to take more control of your personal finances. Military OneSource has assembled 11 calculators to show you ways to pay off debt and help you better manage life’s financial decisions.

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Your Deployment Plan for Staying Fiscally Fit

Deployment can impact a household budget. Your pay could change, or you could incur some unexpected expenses. With the right information and a little extra effort, you can stay fiscally fit during deployment and stay in command of your household budget. Follow these tips to achieve financial stability and health even while you’re gone.