KateHorrell

Helping Military Families Make The Most of Their Money

When Is The Next Military Payday?


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The next regular, active duty payday is Friday, 31 January 2020.  Most military members will have their military pay deposited on Friday, 31 January 2020. Some military-friendly banks and credit unions offer early crediting of direct deposited military pay, so your pay might be credited prior to that date. The biggest bank that offers this benefit… | Read More…

How To File For An Income Tax Extension, Military-Style


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Get a simple, free tax extension to get more time to file your federal tax return. The deadline to file your federal income tax returns is Wednesday, 15 April 2020.  Each year, more than 10 million Americans aren’t ready to submit their returns on that date, and file for an automatic extension of the tax… | Read More…

January Military Scholarships for Service Members, Veterans, Spouses and Kids


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This post is part of my ongoing Military Scholarships series. Next month is a doozy, so get your stuff in order and request those letters of recommendation! Army Women’s Foundation Deadline: 10 January 2020 Description: Applicant must be a woman who has served or is serving honorably in the U.S. Army, U.S. Army Reserve, Army… | Read More…

Everything About Dislocation Allowance (DLA) & 2020 Rates


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Planning a move? Make it a smooth move with Printables to Make Your PCS Move Smooth and Organized. Dislocation Allowance (DLA) is a military allowance designed to partially reimburse service members for some of the costs incurred when relocating a household.  It is authorized for PCS moves, when ordered to move into military housing for the government’s… | Read More…

2020 Retired Military Paydays – With Printables


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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…

2020 NFCU Active Duty Checking Military Paydays


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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…

2020 Active Duty Military Paydays – With Printables


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  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… | Read More…

2020 USAA Military Pay Deposit Dates – With Printables


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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. As a benefit to their military customers, USAA credits anticipated military pay one business day prior to the actual payday, provided they receive the pay deposit information from the appropriate finance… | Read More…

Favorable Tax Rules for Military When Excluding Capital Gain from Sale of Principal Residence


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I asked my smart friend Paul Allen if he could possibly explain the capital gains exclusion in another way, especially the part about partial exclusions. I’ve always been confused by them. Even thought I’ve written about this here, I was still baffled about that part. And Paul came back in a big way. I am… | Read More…

49 Things You Need To Know Before Military Retirement


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While the Horrell tribe is still a few years from retirement, I’ve been putting together a list of things that already-retired folks tell me that they wish they had known. Take advantage of their wisdom! The Transition Assistance Program The in-person Transition Assistance Program class is your primary source of information about the process. Use… | Read More…

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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.