TrendingHow Much Do You Make A Year In The...

How Much Do You Make A Year In The Navy

-

How Much Does Us Navy In The United States Pay

Real Income from Youtube | How Much Youtube Pays

The average U.S. Navy salary ranges from approximately $28,000 per year for Patient Representative to $119,553 per year for Product Manager. Average U.S. Navy hourly pay ranges from approximately $8.79 per hour for Dining Room Server to $36.40 per hour for Office Administrator.

Please note that all salary figures are approximations based upon third party submissions to Indeed. These figures are given to the Indeed users for the purpose of generalized comparison only. Minimum wage may differ by jurisdiction and you should consult the employer for actual salary figures.

About The Military Pay Calculator

That’s why we created the Military.com Military Pay Calculator. With just a few taps or clicks, you can easily determine how much military pay you will make before taxes, both now and in the future. Getting ready to move? Factor in the BAH for your new ZIP code. Getting promoted or deployed? Adjust your information, and see what you’ll make.

Navy Seal Salary: How Much You Can Earn As Navy Seal

Eric Sof

All members of the United States Navy are paid a monthly introductory pay rate determined by their paygrade/Navy rank. A Navy SEAL salary isnt a top-secret. We receive a lot of questions, How much does a Navy Seal make?, Navy SEAL bonus, and so on. But

Don’t Miss: Does Aspergers Disqualify From Military

What Are Some Other Benefits Of Being A Seal

There are a ton of added incentives to joining Navy SEALs.

The most obvious is pay bonuses which range from simply completing training to signing back up for another tour.

SEALs also receive the same benefits as other members of the U.S. Navy.

It includes very good health insurance, life insurance, retirement, paid time off, and holidays.

Some of the programs associated with the military are top-notch like tuition reimbursement.

For example, many people join the military primarily as a means to afford higher education for something they want to do after leaving the military.

Soldiers also get other perks like housing, food, and clothing while serving on a military base.

Naval Reserve Officers Training Corps

Becoming A Police Officer Power Point Part 2

The Naval Reserve Officers Training Corps is a scholarship program that provides full tuition, stipends, summer training cruises and more so you can enjoy a traditional college experience while preparing to serve as a Naval Officer.

  • Comprehensive retirement program
  • And more

To find out more about Navys Baccalaureate Degree Completion Program, its requirements and additional benefits, connect with a recruiter today.

Recommended Reading: Does La Fitness Give Military Discounts

The Air Force: Pararescueman

Dating back to WWII, pararescuemen perform search-and-rescue operations, where they recover essentials from downed aircraft. Sort of like flying EMTs, pararescuemen have paramedic certification. Given the demanding physical nature of the job, they also need to be incredibly fit. According to Simply Hired, pararescue salaries average $57,726 a year.

Be Prepared: 5 Unique Financial Challenges Faced by Military Families

How To See The Results Of The Nuke Salary Survey

I will send an excel spreadsheet attached to the welcome email of the Navy Nuke Job Finder Newsletter Mailing List. If you want access to this freaking awesome piece of info, then you need to join the Navy Nuke Job Finder Newsletter and stand by for your spreadsheet. If you just want to take a look at the raw data, then all you have to do is.

Make sure you dont miss next years survey by either

Read Also: Can You Join Military At 30

Electronic Access To Pay Information

MyPay, a web-based service of DFAS, provides up-to-date, round-the-clock pay information for military service members, DoD civilian employees, military retirees and annuitants. Accessed through a personal identification number, the MyPay site also may be used to make address changes, review W-2 forms, or adjust contributions to the military Thrift Savings Program.

Because the service members Leave and Earnings Statement can be viewed through this secure site, many military families find MyPay especially useful during deployments. Service members often provide their PIN information to the spouse who then can access the LES through MyPay. Spouses find they are better able to help manage the familys finances while the service member is away.

Thrift Savings Plan Combat Zone Advantages

NEW CANCER DRUG DOSTARLIMAB: HOPE, HYPE, SCAM? HOW MUCH DOES BIG PHARMA MAKE ON CANCER?

If you have more than $25,500 to put towards retirement while you are deployed, the TSP allows that too! A deployed service member can contribute more than $19,500 to their TSP, all the way up to $57,000 in 2020. Amounts above $19,500 cannot be contributed to a Roth account, so it would only get two times the tax benefit, not the three times the Roth receives. Which is still incredible!

  • Contribute up to $19,500 into your Roth TSP then
  • Contribute up to $6,000 into your Roth IRA, then
  • Contribute up to $31,500 into your tax-exempt TSP
  • The TSP has many wonderful advantages, but these become way more powerful when you are serving in a combat zone, or tax-exempt status!

    You will receive triple the tax benefits because

  • you arent taxed when you earn the money,
  • dont pay taxes on the growth,
  • you dont pay tax when you withdraw it in retirement!
  • Talk about a HUGE win for the savvy investor.

    This same dynamic exists to an individual retirement account if you are contributing to a Roth IRA. Definitely max out your Roth TSP contributions before looking at a non-TSP IRA, because there arent many accounts that beat the TSP as a passive investment strategy.

    Also Check: Can You Join The Navy With Autism

    Engineering Watch Supervisor Nukes

    There is a great difference in mode between the 6 & out Nuke and the EWS Nukes. This is to be expected.

    Mode: 18.8% of the EWS Nuke Vets made $130,001 $150,000.

    65.3% of the EWS Nuke Vets made over $100,000 per year.

    7.9% of the EWS Nuke Vets made over $200,000/yr.

    Compare those numbers with the two group of 6 & Out Nukes analyzed above, and it appears that EWS qualified Nukes make more money than non-EWS Nukes. A little disclaimer is in order, and I have to tell you that I did not actually go and analyze all of the non-EWS Nukes vs. EWS Nukes , however, in this case I am simply assuming that most of the 6 & Out Nukes did not qualify EWS.

    I know Nukesman do I know Nukes, and I know that at least 25% of you reading this post are saying, heeeeeyyyy I qualified EWS in 6 years. Good for you. Why dont you download the spreadsheet, do the analysis, email it to me, and Ill see about posting it here. Otherwise, changes to next years survey will make this analysis faster and easier.

    So for those of you who email me to ask, Should I qualify EWS before separating, I hope this survey provides some insight into that question.

    Military Pay News Continued

    On, July 21, 2020, the House of Representatives passed their version of the National Defense Authorization Act by a vote of 295 to 125. The full Senate is projected to vote on their version later this week. Both the House and Senate’s versions currently provide for a 3.0 percent military pay raise for 2021.

    On February 10, 2020, President Trump released his defense budget proposal for 2021. The proposal includes, as expected, a 3 percent increase for military pay. The increase is in-line with U.S.C. Title 37, Chapter 19, § 1009.

    On October 31, 2019 at 0830EST, the United States Employment Cost Index was released. The releasing of the ECI by the United States Bureau of Labor Statistics is an eagerly awaited quarterly economic indicator for those in the stock market and politics but what makes this mornings release important to our military is that it is the first indicator used to determine the actual pay raise amount for 2021. For 2021, unless a separate action is taken by President Trump or Congress, the pay raise will be 3.0 percent based on law indicated in U.S.C. Title 37, Chapter 19, § 1009.

    Recommended Reading: If You Have Autism Can You Join The Military

    How Much Tax Will You Have To Pay As An E1

    For an individual filer in this tax bracket, you would have an estimated average federal tax in 2018 of 12%. After a federal tax rate of 12% has been taken out, E1 – Seaman Recruit s could expect to have a take-home pay of $15,799/year, with each paycheck equaling approximately $658*.

    * assuming bi-monthly pay period. Taxes estimated using tax rates for a single filer using 2018 federal and state tax tables. Metro-specific taxes are not considered in calculations. This data is intended to be an estimate, not prescriptive financial or tax advice.

    Frequently Asked Questions About A Naval Officer Salaries

    US Military Pay Scale for all Branches of the US Military

    The national average salary for a Naval Officer is $96,804 per year in United States. Filter by location to see a Naval Officer salaries in your area. Salaries estimates are based on 378 salaries submitted anonymously to Glassdoor by a Naval Officer employees.

    The highest salary for a Naval Officer in United States is $147,577 per year.

    The lowest salary for a Naval Officer in United States is $63,500 per year.

    If you are thinking of becoming a Naval Officer or planning the next step in your career, find details about the role, the career path and salary trajectory of a Naval Officer.

    You May Like: Sears Military Discount Appliances

    Additional Pay And Allowances

    All active duty service members receive monies in addition to the basic pay shown on the DFAS table. A monthly housing allowance is included with basic pay, in an amount determined by pay grade and whether the service member is single or has dependent family members. The monthly housing allowance may be adjusted with a cost of living allowance if military housing is not available and a service member has to pay market prices to rent or purchase a place to live.

    Health care is available through the military’s TRICARE system, which provides various options for active duty service members, their families and retirees. Military OneSource explains the different benefit plans available.

    Depending on the needs of the Navy, there may also be additional pay for hazardous duty or travel.

    References

    Active Duty Enlisted Basic Military Pay Chart

    Monthly basic pay amounts are rounded to the nearest U.S. dollar and are for the active components of the Navy, Marine Corps, Army, Air Force, Space Force, and Coast Guard.

    Enlisted pay chart for less than 2 to over 6 years of service.

    Pay Grade
    8691you’re old!!

    NOTE 1. Military basic pay for O-7 through O-10 is limited by the Level II of the Executive Schedule .

    NOTE 2. Military basic pay for O-6 and below is limited by level V of the ES.

    E pay scale is Enlisted, W scale is Warrant Officer, O scale is Commissioned Officer. Effective January 1, 2021.

    Don’t Miss: Joining The Military At 30

    Allowances And Special Pay

    Navy officers may be able to receive supplementary pay, particularly if they serve in hazardous situations or in highly specialized fields. All sailors are eligible for basic allowances for housing and subsistence if they live off base, and may be eligible for a cost-of-living allowance if they are stationed in a high-cost area. In addition, officers who serve in special roles may be entitled to extra pay. Those in shipboard roles, for instance, are eligible for “sea pay,” while those who fly or serve on aircraft are eligible for “flight pay.” These special pays can add up to hundreds of dollars a month, usually dependent upon rank, time in the Navy or both.

    Which Military Branch Pays The Most

    Stoltenberg on Pope remark on NATO ‘provocation’

    Basic military pay amounts are set by law and are the same for each branch of the military. Pay amounts are tied to paygrade. While the different services often customize the names of their ranks, all of those ranks are tied to that same paygrade chart.

    Service members do, however, receive fluctuating pay based on their location, special skills, family size or risk associated with their job. For example, a deployed Special Forces soldier with a family stationed in a high cost-of-living area will bring home a lot more pay in the form of allowances and special pays than an unmarried soldier of the same rank with a desk job in Oklahoma. Both soldiers, however, will have the same base pay.

    You May Like: Cox Discounts For Military

    Quality Of Life For E1

    With a take-home pay of roughly $1,317/month, and the median 2BR apartment rental price of $2,506/mo**, an E1 – Seaman Recruit would pay 190.35% of their monthly take-home salary towards rent.

    ** This rental cost was derived according to an online report at Apartment List*** Average cost of living was acquired from Numbeo’s Cost of Living Index

    Military Pay : Basic Pay Allowances And S& i Pay

    As an active-duty service member, you receive many benefits and entitlements like free access to Military OneSource services and support. One of the primary benefits to working in the military is a steady paycheck and tax-free allowances. Heres a summary of the different military pay elements you might see on your monthly Leave and Earnings Statement.

    Don’t Miss: Sears Military Discount

    How Much Money Does A Military Officer Make Real World Example

    The Platinum Card® from American Express card is annual fee waived for military. Terms apply.

    Military Money Manual has partnered with CardRatings for our coverage of credit card products. Military Money Manual and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the authors alone, and have not been reviewed, endorsed or approved by any of these entities. Thank you for supporting my independent, veteran owned site.

    How much does a military officer really make? Can you make six figures in the military? How much do Air Force pilots make?

    In 2018 I earned $94,185.28 as a captain with 8 years of active duty service.

    I paid $4,445.63 in Social Security taxes and $1,039.70 in Medicare tax. I paid no federal income tax due to being in a combat zone. $0.

    I am a tax resident of Texas and have been since I entered active duty there in 2010. No state income tax for me.

    In 2018 I was a captain in the US Air Force. I entered active duty in June 2010, so I got a pay rise in June 2018 from a 6 year time in service captain to an 8 year captain.

    I contributed $18,500 to my Roth TSP and received $3,295.54 in matching contributions from the government into my TSP under the Blended Retirement System .

    In this post:

  • Frequently Asked Questions
  • Special And Incentive Pay

    How much money do officers of various ranks make in the U.S. military ...

    When service members deploy, they receive additional pays and allowances based on their deployment location, length of deployment, and whether they have a family. Special and Incentive pays include:

    • Family Separation Allowance is paid during extended periods of family separation. FSA is $250 per month.
    • Hostile Fire/Imminent Danger Pay is for service members serving within an officially declared hostile fire/imminent danger zone. The current rate is $225 per month.
    • Hardship Duty Pay comes in three designations.
    • HDP-Location compensates service members assigned to locations outside the continental United States where living conditions are substantially below the standard members serving stateside would endure. Rates are paid in increments of $50, $100, or $150 per month, based on the level of hardship in a
    • HDP-Mission compensates officers and enlisted personnel for performing designated hardship missions.
    • HDP-Tempo involves personnel who are mobilized or deployed for a specified mission. Secretaries of the military departments are authorized to designate such missions, but none have been implemented.
  • Assignment Incentive Pay is a popular program that rewards service members on extended tours or unusual assignments. Personnel can receive from $200 to $3,000 extra per month, depending on the circumstances.
  • Read Also: Aspergers Military Enlistment

    Basic Pay Chart And Raises

    Basic pay is a service members primary compensation. Two main factors affect where you fall on the basic pay scale: your years of service and your rank, which generally correspond with your military pay grade.

    Basic pay rates are calculated monthly, rather than weekly or bimonthly, and are subject to taxes like civilian pay. And just like salaried civilians in the private sector youre not eligible for overtime pay. Your monthly pay is automatically split in half and distributed twice a month, but if youre in the Army or Air Force, you can opt to receive a monthly lump sum instead.

    Use the military pay charts below for a sample of service members 2021 active-duty pay rates.

    A Sample of Monthly Active-Duty Enlisted Pay Scale for 2021

    Years of Service

    You may be eligible for other allowances depending on your situation, including:

    Six & Out Nukes With < 2 Years At Current Job

    There were 43 Nukes who left the Navy after 6 years and have spent less than 2 years at their current job. Now, for all I know, these Nukes could have 10 or more years of civilian working experience, and just started a new job recently, or they could be working at their first job after the Navy. Thats just a lesson learned that I will have to implement into next years survey. For what its worth, heres the data.

    The mode salary for these guys was much lower, 21% of them made $50,001 $60,000.

    23.3% of the 6 & out < 2 year crew made over $100,000 per year. None of these guys made more than $200,000 per year.

    You will of course draw your own conclusions from these figures. They are vague, but give me a great starting point for how to make next years survey better. If we assume that most of these 6 & out Nukes do not have a college degree , then I think it is a safe assumption that a 6 & Out Nuke is going to make more money at a first job then the average college student. I dont believe that 23.3% of college graduates are making over $100,000 in less than 2 years at their first jobI could be wrong. Those numbers may be closer if you say Engineering college graduates vs. all college graduates.

    In any case, next year I need to ask how many years you have been out of the Navy and what level of education you have achieved outside of program.

    Read Also: Can You Join The Army With Autism

    Popular Articles

    How To Get To The Military

    Where Does Basic Training Take Place ...

    What Branch Of Military Is Right For Me

    The Us Military: A Brief Overview ...

    How To Make A Navy Federal Account

    Transfer And Payment Pro Tips How...

    Does The Military Offer Pet Insurance

    How Much Does Usaa Pet Insurance Cost ...

    Does Royal Caribbean Have Military Discount

    How Much Is Our Military Discount On Royal Caribbean Cruises ...

    How To Prepare For The Military In High School

    Basic Training: Before And After Joining...

    Must read

    You might also likeRELATED
    Recommended to you