FEBRUARY 22, 2019 - Financial readiness prepares Airmen for more than just paying their bills on time. It enables Airmen to plan for the future in addition to removing financial distractions that may hamper their ability to support the Air Force mission. When thinking about the Air Force mission, finances may not be the first thing that comes to mind. However, with recent … [Read more...]
Don’t Let Criminals Steal Your Tax Return
FEBRUARY 20, 2019, Fort Knox, KY – In 2018, the Internal Revenue Service reported a surge in phone scamming during the income tax return season and are again cautioning filers not to be fooled by criminals. On their website, the IRS lists scam phone calls near the top of its annual “Dirty Dozen” list of tax cons. The officer in charge of Fort Knox’s Tax Center, Capt. Thomas … [Read more...]
Federal Tax Changes for Military, Spouses
JANUARY 28, 2019 - Most service members and their families will see a reduction in their tax bills this year, but there are a number of changes in U.S. federal tax laws that they need to be aware of, said Army Lt. Col. Dave Dulaney, the executive director of the Pentagon’s Armed Forces Tax Council. “The last tax year has been quite exciting with all the changes that were … [Read more...]
Basic Pay Rates (FY2019)
The pay charts below show MONTHLY pay for Enlisted servicemembers in the Military. Members are paid twice a month on the first and fifteenth, therefore you will receive half of the amount listed below on each payday. The pay scales below are for active duty in the Army, Navy, Air Force, Marines, Coast Guard and National Guard. Enlisted Basic Pay Rates January … [Read more...]
Defense Department Successfully Closes Blended Retirement System Opt-In Window
JANUARY 15, 2019 - The Blended Retirement System opt-in enrollment period closed at midnight on Dec. 31, 2018, capping off the successful roll-out of a new retirement system for members of the uniformed services. More than 400,000 DOD service members chose to opt into BRS during the enrollment period, and more than 150,000 new members were automatically enrolled upon entering … [Read more...]