How to calculate your pay for the military?

How to calculate your pay for the military?

Military Pay Calculator Use the Military Pay Calculator to see your current, past and proposed future military pay by rank, location and branch of service. The calculator includes all Regular Military Compensation (RMC) including Base Pay, BAH, BAS and which portions that are taxable and tax-free. See compensation by month and annually.

When did the military start paying basic pay?

FederalPay maintains updated pay charts for most types of military compensation. The pay tables on this page show military basic pay for all branches as of January 1st 2011 until January 1st 2012. You can use our Military Pay Calculator to easily determine your military pay, inclusive of both basic pay and the BAH and BAS allowances.

How are pay levels set in the military?

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.

How much does an enlisted soldier make per year?

Enlisted Basic Pay Rates Years of Experience E-1 Ranks E-3 Ranks E-4 Ranks E-6 Ranks 2 or less $1,468 * $1,730 $1,916 $2,281 Over 2 n/a $1,839 $2,014 $2,510 Over 3 n/a $1,950 $2,123 $2,621 Over 4 n/a $1,950 $2,231 $2,729

When did the military get a pay increase in 2017?

2017 Military Pay Charts. 2017 military pay charts reflect the 2.1% pay increase set forth in the FY2017 National Defense Authorization Act. The 2.1% military pay increase went into effect on January 1, 2017.

How does regular military pay compare to civilian salary?

Regular military compensation is the approximate amount of an equivalent civilian salary. The information requested is necessary to determine your cash salary elements and estimate your marginal Federal tax bracket.

How to calculate your pay for the military? Military Pay Calculator Use the Military Pay Calculator to see your current, past and proposed future military pay by rank, location and branch of service. The calculator includes all Regular Military Compensation (RMC) including Base Pay, BAH, BAS and which portions that are taxable and tax-free. See…