14 November 2014 Military Pay

November 07, 2014 | Kate Horrell

The next regular, active duty military payday is Friday,14 November 2014.  When will you actually get paid?  That depends on your bank, its policies, and some other variables.   Most banks and … [Read more...]

Retirees, Make Sure Your Family Knows This

November 06, 2014 | Kate Horrell

I received a sad note today, from a friend of a widow of a military retiree.  The widow was not prepared for the process by which final military benefits are paid out, and she's having some stress … [Read more...]

Bonus Repayment Gets Messy

November 05, 2014 | Kate Horrell

Every once in a while, a military member receives a bonus and then has to repay it, usually because they didn't fulfill the terms of the bonus agreement.  And because taxes have already been taken … [Read more...]

Avoid Aimless Shopping, Even Online

November 03, 2014 | Kate Horrell

This morning, I logged on to pay my husband's American Express bill.  On the web page, I notice a list of their current promotions, and I clicked through to see if there was anything that we were … [Read more...]

Can Dinner Be $5? Let’s See

October 31, 2014 | Kate Horrell

I am always and forever on a hunt to decrease our food bill.  With four hungry (and opinionated) teenagers, we spend a LOT of money on food.  And, like most people, we try to eat healthy.  And, of … [Read more...]

The Post I Wish That I Had Written

October 30, 2014 | Kate Horrell

Every once in a while, I read a post and am immediately jealous that I didn't write it myself.  This happened today, when my email showed me the latest post at The Military Guide:  Military … [Read more...]

Free Military Money Book

October 29, 2014 | Kate Horrell

Renowned financial advice author Jean Chatzky has just released her latest book, all about military money, and she's offering it for free in electronic format. Operation Money contains chapters … [Read more...]

Kate Is Clueless About Advance DLA

October 28, 2014 | Kate Horrell

A long-time Paycheck Chronicles reader sent me an email today, saying that her husband was unable to get Dislocation Allowance (DLA) until after their recent PCS was completed, and mentioned that … [Read more...]

Just Let The House Go

October 27, 2014 | Kate Horrell

In my past life, I worked for a mortgage bank.  I worked in the loss mitigation department, which is a fancy way of saying that our department was in charge of making sure that we lost as little … [Read more...]

31 October 2014 Military Pay

October 24, 2014 | Kate Horrell

The next regular, active duty military payday is Friday, 31 October 2014 because 1 November 2014 falls on a Saturday.  When will you actually get paid?  That depends on your bank, its policies, … [Read more...]

2015 IRA Contribution Limits

October 23, 2014 | Kate Horrell

In conjunction with the annual Cost of Living Adjustment calculations, the Internal Revenue Service (IRS) has announced that there will be no changes to the annual contribution limits and additional … [Read more...]

2015 TSP Contribution Limits

October 23, 2014 | Kate Horrell

Quick on the heels of the official Cost of Living Adjustment announcement has come the new contribution limits for tax-advantaged retirement accounts.  These rules apply to both military and civilian … [Read more...]

2015 COLA For Government Payments.

October 22, 2014 | Kate Horrell

Every year, most federal payments are adjusted  by an increase called a Cost of Living Adjustment (COLA).  This amount is calculated based upon statistics called the Consumer Price Index (CPI). … [Read more...]

Kate Is Clueless: Post Office Frustrations

October 21, 2014 | Kate Horrell

I wonder... do you think that military families mail more packages than civilian families?  It sure feels that way to me.  And it also feels like no matter what box I use, what method of shipment I … [Read more...]