Now that we’ve recovered from the excitement of December, things are back to normal. So, when is the next military payday, and when will you actually get paid? The next regular military payday is Monday, 1 February 2021. Most military members will be paid on that day, unless they use a bank or credit union that… | Read More…
2021 Active Duty Military Paydays – With Printables
While military pay is relatively easy, there can be some tricky bits. Military pay days 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… | Read More…
2021 Military Basic Allowance for Subsistence, or BAS
The 2021 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…
2021 Navy Federal Active Duty Checking Military Paydays
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…
How Government Shutdowns Can Affect Military Pay
Whenever we start talking about a government shutdown, there is a lot of confusion. It’s understandable – these things are confusing. Heck, I have to re-learn it every single time it comes up, just to be sure I’m not messing something up – and this is my job. There are a lot of little details,… | Read More…
2021 USAA Military Pay Deposit Dates – With Printables
Hey, y’all! I hope you find these calendars useful. I’m happy to create them for you. But doing this stuff isn’t free 🙂 If you order via Amazon, please consider using my affiliate link. It won’t cost you any more, and it will help me pay the hosting on this website. Much appreciated! Looking for… | Read More…
What The Payroll Tax Deferral Means For Military Families
As you’ve probably heard, there is a really unusual change happening with our payroll tax withholding for the next few months, and it has created a TON of questions. And when you have questions, I have answers! So, first I’m going to explain what’s happening, and then I’ll answer the questions I’ve received. And you… | Read More…
Long Pay Period Warning – And Some Thoughts On It
If you are one of the many people who get your military pay early, this June end-of-month pay period is going to be long. 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… | Read More…
Simplify Your Life By Using More Bank Accounts
Most people are looking for ways to improve their financial management. Maybe they need a complete overhaul, or maybe just a few small tweaks, but there is usually room for some improvement. Though it seems counter-intuitive, I’ve found that maintaining multiple bank accounts helps me to keep my finances much more organized and it helps… | Read More…
2020 Retired Military Paydays – With Printables
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…