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If trends continue, it would mark the lowest raise since 2022 (2.7%). It would come after a 3.8% raise set for 2026, barring ...
Here's what to expect when you retire from the military: The military offers a few retirement plans, so you'll want to see ...
Basic pay makes up the bulk of your total military income. For Active Duty servicemembers and full-time-duty National Guard and Reserve servicemembers, basic pay is referred to as Active Duty pay.
Under the military's current system, there are two types of combat pay. One, called "hostile fire pay," gives troops $225 a month if they are in an area where they could be exposed to enemy fire.
As the Army restructures its airborne forces, over 20,000 paratroopers will soon lose out on their monthly "jump pay" bonuses ...
The most junior servicemembers would see their pay raised from $23,000 annually to more than $31,000.
The Major Richard Star Act is a bipartisan bill that would correct an injustice to combat-injured veterans by allowing them ...
Military personnel have the option of treating excludable combat pay (but not BAH or BAS) as earned income for purposes of the EITC. This could mean getting tax credit for untaxed income.
After Lewis challenged his “no pay due” letter, the military found computer software errors. Lewis actually was owed $15,000.
Prime Minister Mark Carney has unveiled a sweeping military pay increase as part of a C$9 billion investment in Canada’s defense capabilities, a move that positions the country to meet its NATO target ...
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