FactsHow Much Do You Make Joining The Military

How Much Do You Make Joining The Military

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Do You Get Paid To Join The Military

Getting PAID in the military DURING training

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Feelings of patriotism aside, you get paid when you join the military. The pay is fixed by the U.S. Congress and paid according to your pay grade as an enlisted member or an officer. Enlisted pay grades range start at pay grade E-1 and rise to pay grade E-9. Officer pay grades start at pay grade O-1 and rise to pay grade O-10. Advancement depends on testing, performance, and openings within each service.

How To Get Your Enlistment Bonus

Theres one small stipulation interested recruits should note before jumping the gun and signing up, however. Up-and-coming Soldiers must sign up for a six-year active-duty enlistment period to qualify for the full $50,000 US Army sign-up bonus.

You wont be eligible if you sign up for a shorter period of service, so make sure youre prepared to serve for a full six years if you want to qualify for that hefty $50,000 Army incentive.

Ready to join the #ArmyTeam?

The #USArmy is offering its largest bonus ever for new recruits with up to $50,000 available to qualified individuals who sign on for a six-year active-duty enlistment.

U.S. Army

How Much Do You Make In The Military

Salary in the Military provides a comfortable lifestyle with pay that competes with most civilian careers. Military compensation is a combination of base pay, allowances and special pays . Base pay can be considered your core salary to which everything else is added. Your total financial package also includes the value of housing assistance and meal costs. There are also military perks like low-cost life insurance, everyday shopping discounts and more.

In the Military, you receive pay raises based on your rank and how long you have served. Enlisted personnel are typically promoted three times during the first four-year enlistment. Officers are usually promoted twice during the same period.

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Special And Incentive Pay

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.
  • A Complete Guide To Military Pay

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

    The military can provide incredible career paths and impressive earning potential. If you’re interested in joining the military, it can be helpful to learn more about your potential income and the factors that influence your pay. In this article, we provide comprehensive compensation information for the military, including reserve pay, special pay and the salaries for different ranks and offices.

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    How Much Does The Military Pay Salary Requirements And Job Description

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    A career in the U.S. Army has a lot to offer. If you have a vocation you want to pursue, the Army probably has a training program for it, and you don’t have to pay for it. When you complete the training courses, you will have a job for life, with no chance of ever becoming laid off.

    Career Outlook In The Military

    As military personnel complete their term of service or retire, they are replaced by others who receive promotions to fill those openings. The U.S. Bureau of Labor Statistics projects that, through 2020, the number of military personnel will remain constant, but also says that the need to recruit entry-level personnel will continue, to fill jobs left open by these promotions, discharges and retirements. As long as there’s a need for national defense, the military will continue to have openings.

    References

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    Where Does Basic Training Take Place

    For all full-time regular force candidates, basic training takes place at the Canadian Forces Leadership and Recruit School in Saint-Jean-sur-Richelieu, Quebec.

    All part-time candidates joining their local Primary Reserve unit will undergo similar basic training objectives. Reserve units will conduct their Basic Training either at the local reserve unit location or at a Canadian Armed Forces training centre. Locations vary depending on units. Talk to a Primary Reserve unit recruiter for more information on their Basic Training program.

    What Travel Opportunities Are There In The Military

    Military Pay & Benefits 2021 | Is it Worth It?

    There are many opportunities to travel the world in the Military. Your first step after Basic Training will most likely be your job training school, followed by travel to your first duty assignment. You can even volunteer for overseas duty if you want to see more of the world. The Military has bases in Hawaii, Japan, Germany, England, Italy, Spain and other unique locations. And no matter where they are based, service members have a lot of opportunity to travel throughout the world, depending on their current assignment.

    If you’re looking to travel on your own, many commercial airlines offer discounted fares for service members. In addition, you can often take a free “hop” on a government airplane when extra seats are available. The Military also operates low-cost rest and relaxation lodges and hotels in Hawaii, Germanyâeven Disney Worldâand other popular destinations.

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    I’m Not Sure Which Service I’d Like Best How Do I Decide

    Each of the Services has its own character and spirit. Before choosing, it’s best to talk to people who have had firsthand exposure to the Military. One of the best ways to determine which Service would be the best fit for you is to find friends or relatives who have been in the Military and ask them about their Service’s values, missions and opportunities. If you do not know anyone who has served recently, you may want to look up each branch online.

    You should also visit local recruiters who can help match your abilities and interests to current active-duty openings in their Service. It’s fine to schedule an appointment just to learn more visiting a recruiter does not obligate you in any way. Don’t forget to ask about opportunities in the Reserve and National Guard if you’re more interested in serving part time and close to home.

    How Long Do I Have To Serve If I Join

    Most first-term enlistments are four years of Active Duty, followed by four years in the Individual Ready Reserve . In the IRR, you don’t train, and you live at home maintaining a regular job, but you may be called to duty, if necessary, until your term expires. Some service branches also have an annual muster requirement to check in on basic health and fitness. Service commitment really depends upon the Service and the career to which you’re applying. A local recruiter has all the details you’ll need about terms of service.

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    Army Loan Repayment Program

    Another hidden advantage of serving the military that most people dont talk about is the means to finance your education.

    The military is really good about providing financial aid to students looking to get vocational certificates or college degrees.

    The Army will repay up to $65,000 of your current outstanding student loan debt as an enlistment bonus.

    There are requirements for the Army Loan Repayment Program bonus which youll need to discuss with a local recruiter.

    What Enlistment Bonuses And Benefits Are Available

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    Enlistment bonuses: Some bonuses require enlisting longer than the normal four-year enlistment. Most bonuses are paid for enlisting in a specific job. Enlistment bonuses are changing continually, depending on recruiting needs. Make sure to ask your recruiter for details.

    Student loan repayment: If you have gone to college or are going to college and have loans to repay, the military may be able to help.

    Voluntary education programs: Many military members continue their education while on active duty. Each service has programs dedicated to helping their members reach their education goals. These programs offer tuition assistance, counseling, classroom facilities and other systems to support voluntary education.

    GI Bill: In a nutshell, the GI Bill gives educational benefits. Although you may begin using this benefit while you are on active duty, you must earn an honorable discharge if you use your benefits after service.

    Accelerated promotion: Accelerated promotion is offered under several methods. You may be eligible if you:

    • Were/are a Girl or Boy Scout.
    • Have college credit or already have earned a college degree.
    • Refer friends to join.

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    How The Deferred Military Payroll Taxes Impact Your 2021 Taxes

    About Ryan Guina

    Ryan Guina is The Military Wallet’s founder. He is a writer, small business owner, and entrepreneur. He served over six years on active duty in the USAF and is a current member of the Illinois Air National Guard.

    Ryan started The Military Wallet in 2007 after separating from active duty military service and has been writing about financial, small business, and military benefits topics since then. He also writes about personal finance and investing at Cash Money Life.

    Ryan uses Personal Capital to track and manage his finances. Personal Capital is a free software program that allows him to track his net worth, balance his investment portfolio, track his income and expenses, and much more. You can open a free Personal Capital account here.

    Featured In: Ryan’s writing has been featured in the following publications: Forbes, Military.com, US News & World Report, Yahoo Finance, Reserve & National Guard Magazine , Military Influencer Magazine, Cash Money Life, The Military Guide, USAA, Go Banking Rates, and many other publications.

    How Much Do The Army Reserves Pay

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    Army Reservists augment the ranks of active-duty soldiers and prepare to potentially serve as active duty in the case of a national emergency. Normally, members of the Army Reserves serve as part-time soldiers by training for one weekend a month and two consecutive weeks per year. During the remainder of the time, they go about regular daily life, whether it’s attending college, caring for a family or working a civilian job. For that one weekend a month, Army Reservists earn what’s known as “drill pay.”

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    Basic Allowance For Housing

    Basic Allowance for Housing is only paid if you live off-base. If you live in the dorms or on-base housing you will not receive BAH. However, you will not pay rent for your home if you live on-base. BAH is calculated based on the zip code of your assigned installation, and whether you are married or single. Married personnel earn a bit more than single. Keeping with our example above, a married E-4 assigned to Travis AFB would receive $1,599.00 per month. As single E-4 at the same base would earn $1,332.00.

    So far our married E-4 with four years in service earns $2,199.90 + $1,332.00 = $3,531.90 per month.

    Enjoy Significant Job Perks

    HOW MUCH I GET PAID IN THE MILITARY

    An attractive salary isn’t the only advantage of joining the military after college. When compared to the private sector, military officers enjoy significant job perks. Youll live on a military base in a house suitable to your family size. Some bases have running trails for residents, as well as basketball courts and playgrounds for younger children.

    If your spouse needs help finding work, the Army offers training and other resources. Youll also have access to the militarys college loan repayment programs to help with any debt you may have accrued while earning your college degree. Additionally, the military provides quality health care to members and their families, and you can bump your pay with occasional bonuses.

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    Which Us Military Branch Pays The Most

    The U.S. military offers a wide variety of jobs that allow you to build a great career while serving your country. Compensation includes base pay, housing allowance, food allowance and many other special military pay which can be tax-free income. If you are considering a U.S. military career, income could be a compelling factor in your decision. In this article, we answer which U.S. military branch pays the most, which promotes the fastest and list the different pay grades and titles.

    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:

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    S For Joining The Military

    Start by doing some research about your options for joining the military. Learn about the six active-duty branches and their part-time counterparts. Know the main differences between officers and enlisted members. And explore the career fields you can enter for each branch.

    Once you know which branch youre considering, contact a recruiter. A recruiter will give you an overview and answer your questions about that service. If youre interested in more than one branch, contact a recruiter for each. If youre interested in joining as an officer, the recruiter will explain any options you may be eligible for.

    If you decide to enlist, you will report to a military entrance processing station . Youll spend a day or two completing pre-enlistment steps. These include taking the ASVAB, having a physical exam, meeting with a career counselor, and if youre accepted, taking the oath of enlistment. From there youll receive orders for basic training, usually to start within a few weeks. If you enrolled in a delayed entry program, youll go home and get orders for basic training within a year.

    Requirements For Joining The Military

    How To Prepare for Joining the Army

    The U.S. military has six branches of service: the Army, Navy, Air Force, Coast Guard, Marine Corps, and Space Force. The requirements to join are similar for all six. The main differences are in age limits, test scores, and fitness levels. Men and women meet different fitness standards. Besides the requirements listed here, a branch may have other requirements.

    Age Limits for Enlisting

    You must be at least 17 to enlist in any branch of the active military. The oldest you can be to enlist for active duty in each branch is:

    • Coast Guard: 31

    • Air Force: 39

    • Space Force: 39

    Some branches have different age limits for their part-time Reserve and National Guard. Visit each service’s recruiting website for its part-time age limits.

    Requirements for Enlisting If You Are Not a U.S. Citizen

    You do not have to be a U.S. citizen to enlist in the military, but you may have fewer options. If you are not a U.S. citizen, you must:

    • Have a permanent resident card, also known as a Green Card

    • Currently live in the U.S.

    • Speak, read, and write English fluently

    Educational and Testing Requirements for Enlisting

    You must take the Armed Services Vocational Aptitude Battery test. The ASVAB has 10 subtests.

    • Your scores on four of those make up your Armed Forces Qualification Test score. This score determines which branch you may join. Each branch has its own lowest score for joining.

    • Your scores on all 10 subtests determine which job specialties you qualify for.

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    Why Is The Army Enlistment Bonus Going Up Now

    The Army needs more recruits to fill what they call critical occupational specialties and keep base training centers open and fully operational. To do so, they need a large influx of recruits, which means making Army service more enticing for this generation.

    Given the socioeconomic position of our COVID-ridden America, a massive increase to the Army enlistment bonus makes the most sense.

    The Us Military Is Very Clear Up Top About What It Offers

      InvestopediaForbes AdvisorThe Motley Fool, CredibleInsider

        Kirsten Rohrs Schmitt is an accomplished professional editor, writer, proofreader, and fact-checker. She has expertise in finance, investing, real estate, and world history. Throughout her career, she has written and edited content for numerous consumer magazines and websites, crafted resumes and social media content for business owners, and created collateral for academia and nonprofits. Kirsten is also the founder and director of Your Best Edit find her on LinkedIn and Facebook.

      • Post-9/11 GI Bill
      • Few people would enlist in the U.S. military if not for the compensation. The rigors of training, the unbreakable multiyear commitment, the frequent moves, and the risk of grave harm and death are serious demands that few civilian jobs entail. As such, the government aims to offer enlisted service members pay thats competitive with civilian employment, along with extensive benefits. If youre thinking about enlisting, this overview will help you understand how pay and benefits for military service members work.

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