2015 Basic Allowance for Subsistence

December 23, 2014 | Kate Horrell

The 2015 Basic Allowance for Subsistence (BAS) rates have been released.  The 2015 rates are 2.9%  higher than the 201 rates, which means that the actual rates are: Enlisted: $367.92 per month, a … [Read more...]

2015 DIC Rates for Survivors

December 22, 2014 | Kate Horrell

I've had more than one reader ask where they can find the 2015 Dependency and Indemnity Compensation (DIC)  rates posted.  Well, they're not up yet.  I can't figure why...but they're not.  The … [Read more...]

31 December 2014 Military Pay

December 20, 2014 | Kate Horrell

The last military payday of 2014 is still 10 days away, but the questions have been coming in, so I thought I should write about it early.  The December 2014 end-of-month pay day is Wednesday, 31 … [Read more...]

Don’t Buy Magazines at the Store

December 18, 2014 | Kate Horrell

How many magazines does your family like to read?  How many do you get, but they just stack up in the corner, unread?  Changing the way you buy magazines can result in a huge savings on your reading … [Read more...]

When and Where Will 2015 Rates Be Published?

December 17, 2014 | Kate Horrell

I know that I am not the only person who spends a silly amount of time surfing around the various military websites, trying to see if the 2015 military pay and allowances have been officially … [Read more...]

Cars: Repair or Replace?

December 16, 2014 | Kate Horrell

There comes a point in every car owner's life where they have to start making some hard decisions about whether to repair their vehicle, or replace it. And that question gets more complicated when the … [Read more...]

When Your Tax Statements Will Be Available

December 15, 2014 | Kate Horrell
2014 Tax Statement Availability Schedule

The Defense Finance and Accounting Service (DFAS) has announced the dates that various 2014 W-2 and 1099R tax statements will be available for printing via the MyPay system, and via the US … [Read more...]

From The Mailbag: BAH Questions

December 12, 2014 | Kate Horrell

  This week's collection of email questions is all about BAH: Question: "I was told they are going to do away with BAH, is this true??" Answer: "No.  There are proposals to decrease the … [Read more...]

What 99% BAH Means For You

December 11, 2014 | Kate Horrell

The 2015 National Defense Authorization Act contains a particular provision that has been vocally unpopular with military families:  a reduction of the amount of housing costs that Basic Allowance … [Read more...]

BAH Rate Protection Rules

December 10, 2014 | Kate Horrell

As we all wait for the 2015 Basic Allowance for Housing (BAH) rates to be released, it is a good time to review the Department of Defense (DOD) policy on BAH rate protection. Each year, the DoD … [Read more...]

2015 Military Pay Raise Likely 1%

December 08, 2014 | Kate Horrell

With the House of Representatives passing the 2015 National Defense Authorization Act (NDAA), we are one step closer to having some clarity on what the next year or so is going to look like. The bill … [Read more...]

15 December 2014 Military Pay

December 07, 2014 | Kate Horrell

Monday paydays always cause confusion.  The next regular, active duty military payday is Monday, 15 December 2014.  When will you get paid?  That depends…. If your bank … [Read more...]

Freebies, Freebies Everywhere

December 05, 2014 | Kate Horrell

Sometimes I am just amazed at the amount of free stuff that is available in this world.  The internet has made it even easier to track down discounts and freebies.  If you have a little bit of extra … [Read more...]

How Much House Do You Rate?

December 04, 2014 | Kate Horrell

With all the conversation about Basic Allowance for Housing (BAH), a lot of people have been asking about housing size.  The BAH formula is based around the concept that there is a size and type of … [Read more...]