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Helping Military Families Make The Most of Their Money

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When Is The Next Military Payday? (And When Will You See That Money?)

16 June 2022

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

With summer, and inflation, it can feel like your money is stretched even more thin. That’s when it is even more important to have a spending plan. Personally, I think a monthly spending plan is the best way to manage your money. But if things are tight, it can be a project to get to… | Read More…

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Filed Under: Pay Tagged With: military, navy federal credit union, pay, payday, usaa

Long Pay Period Warning & Your Personal Finance Stress Test

14 April 2022

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

This May 2022 end-of-month pay period is going to be long for all military service members. Every time we have a long pay period, Facebook explodes with conversations on this subject, and they provide a fascinating look into how people handle their money. Actual Military Paydays Because every month is not 28 days long, and… | Read More…

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Filed Under: Pay Tagged With: long, military, October, pay

Your January Military Leave and Earnings Statement: 5 Things To Check

24 January 2022

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

While it is important to review your military Leave and Earnings Statement every month, it is extra important whenever you have any changes. This includes things like a Permanent Change of Station move, a promotion, a time-in-service or regular annual raise, or any other action that could impact your pay and allowances. While these events… | Read More…

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2022 Retired Military Paydays – With Printables

30 December 2021

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Military retirement pay comes once a month. It is paid on the 1st of the month unless the 1st is on a weekend or holiday, in which case it is paid on the previous business day (the last business day of the previous month.) Military retirement pay is paid in arrears, meaning that the payment… | Read More…

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Filed Under: Pay, Retirement Tagged With: 2022, military, pay, paydays, retired, retirement

Social Security Tax Repayment: What To Do With A Corrected W-2

28 December 2021

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Most military service members are finishing up the Social Security tax repayment from the deferral that happened in the last part of 2020. This will be a change in your paycheck and you may get a corrected 2020 W-2. What Were The Deferral and Repayment? From September through December of 2020, Social Security taxes were… | Read More…

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Filed Under: Pay, Taxes Tagged With: deferral, social security, taxes, w-2

The Budget and the Debt Ceiling: How Government Shutdowns Could Affect Military Pay

27 December 2021

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Editor’s note: Every time I publish something like this, I get a bunch of people telling me that I’m being dramatic, that the military will always get paid, and that I’m being irresponsible for getting people upset. That’s not the intent at all. If you’ve spent any time at all around these parts, you know… | Read More…

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2022 Navy Federal Active Duty Checking Military Paydays – with Printables

20 December 2021

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Looking for information on the upcoming paycheck? Find details at When Is The Next Military Payday? Navy Federal Credit Union (NFCU) is a very popular bank for military service members. NFCU has several types of checking accounts, and their Active Duty Checking account offers a variety of benefits including free checks, ATM rebates, and early crediting… | Read More…

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Filed Under: Pay Tagged With: military, navy federal, nfcu, pay, payday

2022 Active Duty Military Paydays – With Printables

20 December 2021

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

While military pay is relatively easy, there can be some tricky bits. Military paydays are on the 15th of the month and the first of the following month, except when the 1st or 15th fall on a weekend or federal holiday. Then, the payday shifts to the business day prior to the weekend and/or holiday…. | Read More…

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Filed Under: Pay Tagged With: calendar, military, pay, payday

2022 Military Basic Allowance for Subsistence, or BAS

14 December 2021

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The 2022 Basic Allowance for Subsistence (BAS) rates have been announced. BAS is a non-taxable monetary allowance paid to all members of the military once they have left their basic military training, except for certain situations where the military is providing meals. It is a legacy from a time when military members were provided with… | Read More…

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Filed Under: Pay Tagged With: air force, army, marine corps, military, navy

2022 USAA Military Pay Deposit Dates – With Printables

10 December 2021

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Looking for information on the upcoming paycheck? Find details at When Is The Next Military Payday? USAA is the most popular bank for military service members, and people want to know when their USAA military pay deposit dates will be. As a benefit to their military customers, USAA credits anticipated military pay one business day prior… | Read More…

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Filed Under: Pay Tagged With: 2022, direct deposit, military, pay, usaa

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WELCOME!

Hi! I'm Kate! Accredited Financial Counselor®, Navy spouse, and mom of four.

Here at the blog, I talk about the financial issues that affect military families - pay, allowances, and benefits. Plus college stuff, landlording, moving, taxes. We cover a little bit of everything.

My goal is to give you the tools to make the best decisions right now, so you'll be confidently prepared for whatever comes next - whether that's a PCS move, transition to civilian life, or retirement.

So grab a cup of coffee, tea, or whatever makes you happy, and let's get to know each other.

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Affiliate Disclosure

This site does contain advertising and affiliate links. If you click on an advertisement or link, I may be compensated. I only promote companies that I love and trust. Kings High Media/KateHorrell.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com

Disclaimer

Kate does not represent the Department of Defense, the Department of Veterans Affairs, or any government agency. This blog is strictly for informational and entertainment purposes only. The content on this site should not be considered professional financial or legal advice. I may receive compensation through affiliate or advertising relationships from products mentioned on this site. All reviews on this site represent the personal opinions of the author. All references to third party products, rates, and offers may change without notice.

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