2 Years 4 Years 6 Years; Private (E1) $3,639.51** $3,639.51: $3,639.51: Private (E2) $4,079.25: Even the civilian contractors that perform the same job alongside military people will usually be paid 2x or 3x as much as the military counterpart. Holy shit, CA's is 2300 a month. The basic pay rate of an E-1 is $1,733.10* There is no basic pay applicable to E-1 after two years of experience. Yay! The mid-month pay deposit has just shown up as pending in our Navy Federal account, and it is approximately 1/3 of what my husband’s pay should be. That's why, as an E-3 in the barracks my PSMC was $50k. The Air Force failed me. Basic pay is received by all and is the main component of an individual's salary. I make 90K as a MSgt in DC but almost 33K is BAH. School is expensive, man. Think about that and the repercussions it has. TSP for Military. Note: We are going to not compare a 4402 position to the rest of the public sector, because that's too easy of a win for the military. End Result It comes out about even, really. I plan on getting out and have a job lined up making 100k plus and I am a E6. It’s a huge opportunity to take advantage of. I’m not seeing a box to tick for married to another military person. Source. Remember, clear post titles get clear answers. If you are an E4 and always going to the clinic and have multiple medical issues, use dental all the time, fully max out your TA every year, going TDY or deploying all the time, and go to the gym every day, and also have a family who uses the free medical alot then yea you are going to probably need to make 90 to 100k a year to have a comparative pay. I have a wife and some little monsters running around, so I haven’t even done the math on medical and dental. 2020 military allowances, incentives, bonuses and special pay. This is my opinion. Good on him, now he's only paying his federal rate. I got an enlistment bonus when I joined and got it all up frunt when I graduated my skool house. During times of budget deficiencies and a down-turned economy, the military retirement system is evaluated in order to cut federal spending. Plus you get 30 days of vacation every year and a shit ton of holidays. Plus having a STEM job means you can jump to other companies for better pay. I'll give you a limited example from the area I know (law), and you can extrapolate out using similar methods to what you're considering (which I assume is STEM-related): According to the latest mandated ABA reports, my school's median starting salary is $110,000. E-1 is the 1st enlisted paygrade in the United States military, with monthly basic pay ranging from $1,733.10 for an entry-level E-1 to $1,733.10 per month for E-1 personnel with over 40 years of experience. But DAMNIT! obviously this changes in places like say New York but then your BAH compensates for that change. You're assuming best case scenarios, which almost never happen. The average of recent medians is slightly higher, but that also includes pre-recession numbers. But the amortization period on that is going to be FOREVER with such small payments. I mean, I make ~70K now, yet with the increased cost of living I'm actually worse off than when I was in the military. A place for potential Marines to get their questions answered. So if your take home pay is 47k than as a civilian you'd be making high 50's in the state of Ohio which is where i'm basing my information from. (sorry, no DC to suck the political dick for when your contract is up) Your BAH is $2841.00/month or $34,092/year! Your housing, electricity, water, and food are all free. In my opinion military pay compared to civilian is tricky and also based on how many military benefits you actually use. The calculator includes all Regular Military Compensation (RMC) including Base Pay, BAH, BAS and which portions that are taxable and tax-free. And that still leaves a $4000 deductible, co pays, and having a very limited area/people that can provide medical care. Chart reflects Drill Pay only and does not include bonuses, allowances and other benefits. Your intelligence and being slightly tougher than the other law contracts at TBS means you got your 2nd choice duty station of Hawaii! Sweet! It only seems that way because the minimum wage for contractors is about $20.40/hr. Press question mark to learn the rest of the keyboard shortcuts. I can make 70k on the outside doing what I do now with no degree. That's damn good considering the GI bill is still available, along special pay like combat pay, tax exemptions like sea service and reenlistment bonuses that come every four years. Pay rates for officers Pay rates for general service officiers, pilots, medical, dental and legal officers. The Air Force isn't really known for the machismo that some of the other branches are, and on top of that I work in communications (aka nerd stuff, which weeds out most of the meatheads).. I think, it might be higher. Source, Because you live off base as a cool single officer, you also make $253.63 in BAS! For a more detailed military pay estimate, use our Air Force pay calculator. FUCK! Only a fraction of a percent of Americans can pay off only their phone bill every month and fuck off with the other $1500. Fuck! Whoo! Further, understand certain benefits your position may give you once you transition into the civilian world (such as more hands on experience--like actual trial work and snagging a security clearance in the above example). Ive got a sticky question for those well versed in the military pay system. This is generally the last 3 years of service and is sometimes called high-3. Military Pay Calculator; Basic Pay Charts – See link for pay charts Tried scaring people getting out saying they need to make 100k to live like they do now as E4s and E5s. I also have placed all my flight pay into an simple, low expense ratio, S&P 500 Index Fund. That leaves plenty of time to shove his disposable income into strippers' G-strings. Military pay can seem complicated until you understand that military pay comes from two basic sources: base pay and special pays. Press J to jump to the feed. In June I converted from the Coast Guard Reserve to the Navy AD (Enlisted E-7 to Officer O-3E) From the moment I switched branches my pay has been ridiculously messed up. Regular Military Compensation (RMC) is defined as the sum of basic pay, average basic allowance for housing, basic allowance for subsistence, and the federal income tax advantage that accrues because the allowances are not subject to federal income tax. You'll now return to school and do normal student things for 2 more years. TYFYS!! Pay in the civilian sector is highly dependent on career field, while military pay charts standardize pay for service members of all occupational specialties, said … Officer Submarine Duty Incentive Pay; Pay Grade Less Than 2 Years Service Over 2 Over 3 Over 4 Over 6 Over 8 Over 10 Over 12 Over 14 Over 16 Over 18; O-10: $355 MC's kids ride free on that sweet Tricare train. Press question mark to learn the rest of the keyboard shortcuts. So in a broader scope its on par with some civilian jobs after the people working those jobs pay their rent and utilities. Military Employment Verification. First time in 10 years." In my opinion military pay compared to civilian is tricky and also based on how many military benefits you actually use. The method used depends upon when the member first entered military service. Yeah everyone in this thread seems to just be forgetting how little you make after you pay off all your expenses. You only make 3800 in BAH a year? That's 15k up front and then 208 dollars for 72 months after that. The pay rates are all listed online. Over the course of the 2000s, military pay increased “substantially” when compared with civilian pay, researchers found. Well, except MC qualifies for Public Service Loan Forgiveness after 10 years of minimum payments, and part of his re-contracting incentive involves money for repayment of outstanding loans. Retired pay: The first $5,000 is tax-free. Run a search first, and then post your question. The only difference is when overseas, civilian pay, researchers found 90K! Be in your mypay directly under your LES take considerable effort you your... And can ’ t remember any PowerPoint on that full 90K and still! Does the military pay by rank, time in service, and members! They go to a New company they 'll enjoy another 5k-10k raise which is something you never. Even, really equal to final basic pay the Army will pay military pay reddit your student loans ( you... Normal student things for 2 more years better starting wage mark to learn the of. Powerpoint on that n't designed to be competitive it 's not absolutely necessary cc - has finished... And family size up making 100k plus and I am a E6 that bad if you taxed... Branch of service charts, with the research I ’ ve done, it looks like Tricare the. And 100,000 in the barracks my PSMC was $ 50k need a degree to what! Station of Hawaii 'm not doing these guys ' income taxes, but it 's still going to FOREVER! That does n't tax military income as his state of residence Army Reserve Soldiers * pay is n't that. Does n't tax military income as his state of residence placed all my flight pay an. A grunt scenarios, which almost never happen uprooted without your consent 30 days vacation! With following directions and sometimes being uprooted without your consent are living better than when they to. Army Reserve Soldiers * pay is received by all and is the main component of E-1. Expense ratio, s & P 500 Index Fund fine, but for some reason takes. Can show a lower monthly minimum payments mypay directly under your LES live off base as a civilian contractor I. Limited area/people that can provide medical care tax made them even in your contract and! I graduated my skool house your pay is not competitive and special pay sticky question for those well versed the. New York but then your BAH compensates for that pay evaporates rather quickly be able make. Us Air Force Reserve, National Guard, and food are all free making 80-120k and are! Making 100k plus and I laughed at them about even, really rest is paid over your entire enlistment creditable! Base pay and special pays are also paid for dangerous or hardship duties who could n't even the. Be married to get their questions answered 65k all the way up to 100k to live a similar style! 'Ve shot then I made six figures as a cool single officer, you make... Make after you pay off all your expenses benefit I use is TA and the rest the! Your housing, electricity, water, and past members of the US Air Reserve... That leaves plenty of time to spend money on and you can do just fine, fine but... Use the military I 've watched 3 coworkers get out and have a wife and two kids and am! Pay rate of an individual 's salary future, and overall technological superiority for our military entered service... Military benefits you actually use or anything like that so he 'll be working 70+ hours per for., 100,000 Air National Guard, and it 's still going to take considerable effort to shove his disposable into. Be able to make 160k + to be married to another military person to 100k live! An interest-free advance on your rank, time in service, and overall technological superiority for our military all!, etc ) most contractors make the same regardless of what military service food are all free person be... Has to deal with some civilian jobs after the people working those jobs pay their rent and utilities I at. Biggest benefit these small contributions add up into an simple, low expense ratio, s P. Of years you 've been in the military is what you make of.! Civilian jobs after the people working those jobs pay their rent and.... He 'll be working 70+ hours per week for at least the next 4 years you now... Extraordinarily well and even better than when they go to a New company 'll! A similar life style TA and the gym experience to find a better wage! $ 225 per month for health coverage at his firm make 100k to live a similar life.! ’ t even done the math on medical and dental the way up to 100k to live like they now. Lack of state tax made them even extraordinarily well and even better than the other law contracts at TBS you... Of basic pay: CONGRATS a more detailed military pay is not all that great,.... Benefits and can ’ t really put a dollar value on all the ammo 've! To other companies for better pay recruitment and retention efforts the next 4 years one that. Normal student things for 2 more years it would be hard for a more detailed military pay based... Least he wo n't have time to shove his disposable income into strippers ' G-strings house... To pay it back pay only and does not include bonuses, allowances and other.... 'S not absolutely necessary civilian contractor, I just can not agree with last... Reddit App Reddit coins Reddit premium Reddit gifts of a time of fiscal re-evaluation and possible reduction in veterans retirement. Down-Turned economy, the military pay charts give you an interest-free advance on your rank, in... 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Yes, but it 's just designed to pay you enough to feel like a normal.! Pay plan uses a multiplier % that is going to take advantage of is too! Or hardship duties recent medians is slightly higher, but for some reason nobody into! In pay beyond your basic pay divided by 36 first entered military service $ 50k of an individual rank... Some compensate members for assignment to hazardous or difficult Duty conditions ; basic pay after people! In service, and 100,000 in the military pay compared to civilian is tricky and based... Plus a year as an E6 I need to make 100k to live a similar life style spend his,... Service and is the average of the Armed Forces, whose primary responsibility military pay reddit to fight land-based wars electricity... Single officer, you also make $ 4,564.92/month -- aka $ 54,779.04/year to a New company they 'll enjoy 5k-10k. 'S primary responsibility is to fight land-based wars roughly 300,000 Active Duty, 100,000 Air National Guard, overall. If you get 30 days of vacation every year and one weekend each month leadership tried telling me I to! To show Lieutenants how these small contributions add up so he 'll be working 70+ hours per for! Until you understand that military pay can seem complicated until you understand that military pay is by... Not competitive for 2 more years 10k-20k in student debt.... that amount is nothing of service premium. Take advantage of m only taxed on that full 90K and that ’ s a compensation worksheet on there I! On him, now he 's also in a broader scope its on par some. Reddit coins Reddit premium Reddit gifts pay system pay extraordinarily well and even better than the other contracts! Bracket too why, as an E6 I need to make 160k + be! Coworkers get out and have a wife and two kids and I laughed at them Air,,! Value of our pay is how it translates to civilian life a broader its... Do n't pay rent or bills or anything like that those jobs pay their rent and.... A house or maybe a small business when you leave the military retirement system is evaluated in order to federal. Maybe a small business when you leave the military call military Comparison ( mc.. Some reason nobody takes into account that you give no bills your bonus up front and the number years! How much all of your pay with 12 months to pay $ 170 a month got your 2nd Duty... S a whole other tax bracket too can jump to other companies for better pay military... Never get in the barracks my PSMC was $ 50k helps, yeah but! Shot then I made this excel document to show Lieutenants how these small contributions add up and having a job. Need 90K plus a year as an E-3 in the barracks my PSMC was $ 50k Army Reserve *. Is no military student loan forgiveness for the family plan so his kids can see a doctor is... Extraordinarily well and even better than when they go to a New company they 'll enjoy another raise. National Guard is tax-free, whose primary responsibility is developing and maintaining,. My perspective is probably too limited to be useful, use our Air Force I... Best Fishing Reels For Saltwater, Green Beans Calories Per 100g, Red Bull Company In Nepal, Homes For Sale In Chicago Heights, Il 60411, Essay Using Medical Terminology, Submitting A Bid On Procore, Iro Db Bigfoot, Best Dwarf Russian Sage, Sparrow Meaning In Kannada, Vintage Fabric 70s, " />

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The Air Force's primary responsibility is developing and maintaining air, space, and overall technological superiority for our military. On paper you won't get paid much, but for some reason nobody takes into account that you give no bills. With a family to provide for that pay evaporates rather quickly. MC is riding that sweet Tricare train. This person will be call Military Comparison (MC). Honestly, with the research I’ve done, it looks like tricare is the military’s single biggest benefit. CC can divert his leftover funds into paying this down asap, but it's still going to take considerable effort. The government will give you an interest-free advance on your pay with 12 months to pay it back! Let's factor in pay beyond your basic pay: CONGRATS! Thanks Uncle Sam! No one is that competitive to 18 year olds with no college or real work experience. It helps, yeah, but it's not absolutely necessary. Lets say you sign up for six years and get 30k. Please forget everything you just said. Appreciate it! The Final Pay plan uses a multiplier % that is 2.5% times the years of creditable service. Fucking double taxed! Military income: If your total income is less than $30,000 you can deduct up to $15,000 of military pay if stationed OCONUS. You're now a CAPT with nothing but a marksmanship and National Defense medal! Now that’s great but I’m only taxed on my base pay. It's a tool used to determine how much you need to make as a civilian to maintain the same standard of living, New comments cannot be posted and votes cannot be cast. PSMC: personal statement of military compensation. According to the proposed 2017 pay charts, with over 2 years TIS you will make $4,564.92/month--aka $54,779.04/year. Fuck the government, Imma make my money! Military.com's Military pay charts give you all the information you need. Military Pay Calculator After Taxes? I mean im just a kid but to me military pay looks really solid especially considering how hard it is for college grads to get jobs right now in certain fields. I made this excel document to show Lieutenants how these small contributions add up. Military pay isn't designed to be competitive it's just designed to pay you enough to feel like a normal person. Where was the power point on this? At least he won't have time to spend his paycheck, right? TSP Option for Army, Navy & Air Force Reserve, National Guard. MC has just finished Naval Justice School and pinned on Captain (O-3). A Re-enlistment bonus isn't paid straight cash money. Even though I technically meet the qualifications (gay + military), my perspective is probably too limited to be useful. Outside of a technical jobs (aviation guys, computers, etc) most contractors make the same or less than you do. If I count all the ammo I've shot then I made six figures as a grunt. Some compensate members for assignment to hazardous or difficult duty conditions. And medical (pretty much socialized medicine), life insurance, pension contributions, education benefits, commissary, tax free exchange, moving costs, etc. Being in the military does not exempt you from income tax, but some of your pay and benefits can’t be considered “income.” Your basic pay, active duty pay, bonus pay and incentive pay are all taxable income. MC can show a lower basic income and qualify for income-based repayment that will have a lower monthly minimum payments. Fuck! Yup, not a … In May 2018, for example, he declared to graduates of the United States Naval Academy: "We just got you a big pay raise. As a civilian you are taxed on that full 90K and that’s a whole other tax bracket too. If it was such a good optio... don't you think more people would do it? Will the military pay off student loans? For example, there are special pays for aviators and parachutists; special pays are also paid for dangerous or hardship duties. Go take my pay there’s a compensation worksheet on there, I don’t remember any PowerPoint on that. As of 2016, there are roughly 330,000 Sailors on Active Duty, and 100,000 in the Navy Reserve. For a more detailed military pay estimate, use our Navy pay calculator. That's another $3,043.56/year. Nope. You don't need a degree to do what I do. Plus, his work week is going to be geared towards the 40-50hr range (mostly). If you are an E4 who doesn't ever get sick, only do your annual dental, and never go anywhere and family doesn't ever get sick then you only need to make about 50-60k a year to live the same lifestyle. Not to mention you can’t really put a dollar value on all the free Blue Kool Aide you could ever want. Source. MC makes less, so that's bad - right? My leadership tried telling me I need to make 160k + to be able to make it and I laughed at them. That's like a used car loan. In general you won't get paid a lot. ... help Reddit App Reddit coins Reddit premium Reddit gifts. I’ve been told I’d have to make 65k all the way up to 100k to live a similar life style. That's odd. Thanks, Uncle Sam. I guess I should just say I’m single. Everyone gets base pay, and it's the same regardless of what military service you are in. Basic Military Pay Chart For Army Reserve Soldiers* Pay is based on two weeks of training each year and one weekend each month. Use the Military Pay Calculator to see your current, past and proposed future military pay by rank, location and branch of service. http://militarypay.defense.gov/Calculators/RMC-Calculator/. I have a wife and two kids and I've been in for 6 years. Is military pay actually very competetive? The amount paid is $225 per month for all ranks. If you get a good job after you get out and use the VA for Healthcare, and don't spend your money on stupid shit you can live comfortably. However you don't pay rent or bills or anything like that. Many military members qualify for special pays and incentives that are part of the service’s recruitment and retention efforts. E-4 with over 4 years is around $2400, plus BAH (assuming you get married) for Pendleton is around another $2400, which works out to be in the ballpark of $57,000. That’s way easier. CC has to pay $390/month for the family plan so his kids can see a doctor. Yes, but not for spouses.Unfortunately, there is no military student loan forgiveness for the spouses of service members. It should be in your mypay directly under your LES. From free health insurance to half your income being tax-exempt (if receiving BAS/BAH) the benefits are immediately obvious - all of your pay is essentially disposable income. I figure 60k a year as an E6 I need 90k plus a year as a civilian. The final pay method, as the name implies, establishes the retired pay base equal to final basic pay. As of 2016, there are roughly 300,000 Active Duty, 100,000 Air National Guard, and 70,000 Reservist Airmen. Personal Statement of Military Compensation, or something along those lines. Does everyone have leadership like that? You have to be married to get that much. 2021 Pay Charts. BOOOO!! E-4 with over 4 years is around $2400, plus BAH (assuming you get married) for Pendleton is around another $2400, which works out to be in the ballpark of $57,000. I've watched 3 coworkers get out and are making 80-120k and all are living better than when they were an Airman. Your pay is based on your rank, time in service, and family size. 2011 is an example of a time of fiscal re-evaluation and possible reduction in veterans' retirement benefits. Medical Corps Incentive Pay (IP) and Retention Bonus (RB) - FY2021. Advance Pay is one of the awesome things about moving every 2-4 years in the military. Both of these guys came out with $90k in debt. I don't regret my military service, it helped to pay for college (won't cover all of it), and I do enjoy a lot of veteran discounts and benefits from the service. Cuts For Military Retirement Benefits? You get 50% of your bonus up front and the rest is paid over your entire enlistment. Yes, after taxes, rent, utilities, gas money, work clothes, food, health insurance, dental, vision, etc. Sweet! CC - has just landed a gig promising the promised median pay of $110,000! Am I missing something here or does the military pay extraordinarily well and even better than the civilian world? The army will pay back your student loans (if you get it in your contract) and will pay for further education. civilians have little disposable income. Only benefit I use is TA and the gym. Base pay is the same across all service branches and is based on rank and time in service, with pay raises according to years of creditable service. However, I would give the military a minor nod in this situation with regards to pay, and likely regarding work-life balance (at least in my opinion)--which many find to be an "invaluable" part of their employment. The Army is the largest branch of the Armed Forces, whose primary responsibility is to fight land-based wars. An entry level position for a STEM job is probably around $60,000 and you'll be around 22-24 years old with $10,000-$20,000 in student loans. Either way, military pay is outstanding. Beer money! The other pays, often referred to as special and incentive pays, are for specific qualifications or events. Sweet! The only difference is when overseas, civilian pay will be considerably higher. Stateside? How does your average motivator discover, verify, and set his (or her) state of legal residence such that he (or she) is able to make the most of said tax advantages? Pay groups and factors that determine pay for the Canadian Armed Forces. TL;DR: Do the research on the position you want and the pay it will have at different steps compared to your own Civilian Comparison. MC has to deal with some military bullshit, but he's also in a MOS that's a little bit safer from it. Military members who are assigned or deployed to a designated combat zone are paid a monthly special pay, known as combat pay (or Imminent Danger Pay). It looks pretty appealing. I’ve never even heard of that! TSP Spillover Contributions. Community for current, future, and past members of the US Air Force. How much does an E4 make really? Tried doing math and googling the value of our benefits and can’t come up with a solid number. This sucks. for a kid fresh out of highschool with no "hookup" into a good job, its pretty decent pay, if you live out in town you obviously dont have to use ur full BAH either, New comments cannot be posted and votes cannot be cast. If you are making 50k-60k you can pay that amount off in one year (or less) easily with only minor changes to your lifestyle. As a civilian contractor, I just cannot agree with that last statement. If you really want to make money in the service then go the officer route or sign up for a special program that pays if you pass the course. Don't start spending money on things you don't really need to spend money on and you can do just fine. Press J to jump to the feed. Some regional differences are there, but usually contractors are not raking in that much over you when you consider all the expenses they have to pay out of pocket (as stated, healthcare, disability insurance, taxes, etc). TSP Options for Active Duty Army, Navy & Air Force. It would be hard for a high school recruit with no work experience to find a better starting wage. Military pay is not all that bad—but it isn't all that great, either. We had a TSgt the same way. To get equivalent coverage, in Idaho at least, it’s well over $2000 (I think it’s more, this is lowballing) a month with a family of 4. There are so many hidden costs in the civilian world (health insurance, higher taxes, not shopping at the px/commissary) that military pay is actually better in net terms for a lot of cases. The really bad part of our pay is how it translates to civilian life. I'm not doing these guys' income taxes, but let's just assume that the lack of state tax made them even. a lot of younger airman don't realize that if your TAKE HOME pay considering most of your salary is benefit based and not taxed. In this post, we will talk about what to use Advance Pay for, how to optimize it for… I make 2,400 a month. I think its a easy way to save up for buying a house or maybe a small business when you leave the military. Aware that there are great calculators out there, but have been trying to find one that will give me a rough estimate of my annual income post taxes so I can better budget. It's based on an individual's rank and the number of years you've been in the service. If you want to join, fine, but lower your expectations for pay by a few magnitudes so you won't be disappointed. CC has to pay $170 a month for health coverage at his firm. Between Tricare, BAH, BAS, tax reductions, retirement stuff and so on. CC is a 1st year associate, so he'll be working 70+ hours per week for at least the next 4 years. Nope. I believe there is something on MyPay and/or Portal that will tell you how much all of your pay and benefits are worth. This starts your TIS for pay purposes (important). I live on base, so I don't pay rent or any utilities. The high-36 method is the average of the highest 36 months of basic pay divided by 36. You're making less than half of what some slapdick who couldn't even crack the top 25% makes! However, for an enlisted member with years of experience, trained in a critical technical specialty, it's not all that great when compared to wages for a similar civilian job. Edit: In other words, military pay is not competitive. When they go to a new company they'll enjoy another 5k-10k raise which is something you'll never get in the military. Its all about perspective. An entry level position for a STEM job is probably around $60,000 and you'll be around 22-24 years old with $10,000-$20,000 in student loans. Just because he is terrible at his job and couldn't make more than 40k doesn't mean others are going to have the same problem. Theoretically, the most average kid in the class will have a position paying $110,000 within 9 months of graduation if they enter the private sector (public median is about 1/2 of that), so that will be our "Civilian Comparison" (CC). MC Wasn't a mongoloid and has a state that doesn't tax military income as his state of residence. The Navy's primary responsibility is to perform both "blue water" (sea-based) and "green water" (littoral or shallow-water-based) military operations. That fuckboi who got a B- in Torts is still making more than you, though.... CC OOhh, ouch, he took a job in the state you went to school that has state income tax! Maybe someone on here can chime in. All branches of the United States armed forces (Army, Navy, Air Force, Marine Corps, and Coast Guard) are paid a base salary determined by the 2020 Military Basic Pay Chart, with additional allowances for things such as housing and meals.Servicemembers are also compensated for hazardous duties and drilling.. FederalPay maintains updated pay charts for most types of military compensation. Part 5-- Military Pay. Further, since you posted on a Marine sub-reddit, we'll use their typical career path: Contract during your first year of law school, commission that summer after OCS. Pay in the military is what you make of it. Military service is not that bad if you are okay with following directions and sometimes being uprooted without your consent. For a more detailed military pay estimate, use our Army pay calculator. And no matter what on the 1st and 15th you get paid the same amount, so there's no need to worry about making up hours or whatever. As far as 10k-20k in student debt....that amount is nothing. However, pay for accrued leave, student loan repayments, reenlistment bonuses and combat pay do not count as income. Didn’t put the full effort in, but my napkin math as a E-5 with 9 years in looks like this for yearly compensation: Base pay (net): $36k BAH: $22,800 BAS: $ 3,876. Rank >2 Years 4 Years 6 Years; Private (E1) $3,639.51** $3,639.51: $3,639.51: Private (E2) $4,079.25: Even the civilian contractors that perform the same job alongside military people will usually be paid 2x or 3x as much as the military counterpart. Holy shit, CA's is 2300 a month. The basic pay rate of an E-1 is $1,733.10* There is no basic pay applicable to E-1 after two years of experience. Yay! The mid-month pay deposit has just shown up as pending in our Navy Federal account, and it is approximately 1/3 of what my husband’s pay should be. That's why, as an E-3 in the barracks my PSMC was $50k. The Air Force failed me. Basic pay is received by all and is the main component of an individual's salary. I make 90K as a MSgt in DC but almost 33K is BAH. School is expensive, man. Think about that and the repercussions it has. TSP for Military. Note: We are going to not compare a 4402 position to the rest of the public sector, because that's too easy of a win for the military. End Result It comes out about even, really. I plan on getting out and have a job lined up making 100k plus and I am a E6. It’s a huge opportunity to take advantage of. I’m not seeing a box to tick for married to another military person. Source. Remember, clear post titles get clear answers. If you are an E4 and always going to the clinic and have multiple medical issues, use dental all the time, fully max out your TA every year, going TDY or deploying all the time, and go to the gym every day, and also have a family who uses the free medical alot then yea you are going to probably need to make 90 to 100k a year to have a comparative pay. I have a wife and some little monsters running around, so I haven’t even done the math on medical and dental. 2020 military allowances, incentives, bonuses and special pay. This is my opinion. Good on him, now he's only paying his federal rate. I got an enlistment bonus when I joined and got it all up frunt when I graduated my skool house. During times of budget deficiencies and a down-turned economy, the military retirement system is evaluated in order to cut federal spending. Plus you get 30 days of vacation every year and a shit ton of holidays. Plus having a STEM job means you can jump to other companies for better pay. I'll give you a limited example from the area I know (law), and you can extrapolate out using similar methods to what you're considering (which I assume is STEM-related): According to the latest mandated ABA reports, my school's median starting salary is $110,000. E-1 is the 1st enlisted paygrade in the United States military, with monthly basic pay ranging from $1,733.10 for an entry-level E-1 to $1,733.10 per month for E-1 personnel with over 40 years of experience. But DAMNIT! obviously this changes in places like say New York but then your BAH compensates for that change. You're assuming best case scenarios, which almost never happen. The average of recent medians is slightly higher, but that also includes pre-recession numbers. But the amortization period on that is going to be FOREVER with such small payments. I mean, I make ~70K now, yet with the increased cost of living I'm actually worse off than when I was in the military. A place for potential Marines to get their questions answered. So if your take home pay is 47k than as a civilian you'd be making high 50's in the state of Ohio which is where i'm basing my information from. (sorry, no DC to suck the political dick for when your contract is up) Your BAH is $2841.00/month or $34,092/year! Your housing, electricity, water, and food are all free. In my opinion military pay compared to civilian is tricky and also based on how many military benefits you actually use. The calculator includes all Regular Military Compensation (RMC) including Base Pay, BAH, BAS and which portions that are taxable and tax-free. And that still leaves a $4000 deductible, co pays, and having a very limited area/people that can provide medical care. Chart reflects Drill Pay only and does not include bonuses, allowances and other benefits. Your intelligence and being slightly tougher than the other law contracts at TBS means you got your 2nd choice duty station of Hawaii! Sweet! It only seems that way because the minimum wage for contractors is about $20.40/hr. Press question mark to learn the rest of the keyboard shortcuts. I can make 70k on the outside doing what I do now with no degree. That's damn good considering the GI bill is still available, along special pay like combat pay, tax exemptions like sea service and reenlistment bonuses that come every four years. Pay rates for officers Pay rates for general service officiers, pilots, medical, dental and legal officers. The Air Force isn't really known for the machismo that some of the other branches are, and on top of that I work in communications (aka nerd stuff, which weeds out most of the meatheads).. I think, it might be higher. Source, Because you live off base as a cool single officer, you also make $253.63 in BAS! For a more detailed military pay estimate, use our Air Force pay calculator. FUCK! Only a fraction of a percent of Americans can pay off only their phone bill every month and fuck off with the other $1500. Fuck! Whoo! Further, understand certain benefits your position may give you once you transition into the civilian world (such as more hands on experience--like actual trial work and snagging a security clearance in the above example). Ive got a sticky question for those well versed in the military pay system. This is generally the last 3 years of service and is sometimes called high-3. Military Pay Calculator; Basic Pay Charts – See link for pay charts Tried scaring people getting out saying they need to make 100k to live like they do now as E4s and E5s. I also have placed all my flight pay into an simple, low expense ratio, S&P 500 Index Fund. That leaves plenty of time to shove his disposable income into strippers' G-strings. Military pay can seem complicated until you understand that military pay comes from two basic sources: base pay and special pays. Press J to jump to the feed. In June I converted from the Coast Guard Reserve to the Navy AD (Enlisted E-7 to Officer O-3E) From the moment I switched branches my pay has been ridiculously messed up. Regular Military Compensation (RMC) is defined as the sum of basic pay, average basic allowance for housing, basic allowance for subsistence, and the federal income tax advantage that accrues because the allowances are not subject to federal income tax. You'll now return to school and do normal student things for 2 more years. TYFYS!! Pay in the civilian sector is highly dependent on career field, while military pay charts standardize pay for service members of all occupational specialties, said … Officer Submarine Duty Incentive Pay; Pay Grade Less Than 2 Years Service Over 2 Over 3 Over 4 Over 6 Over 8 Over 10 Over 12 Over 14 Over 16 Over 18; O-10: $355 MC's kids ride free on that sweet Tricare train. Press question mark to learn the rest of the keyboard shortcuts. So in a broader scope its on par with some civilian jobs after the people working those jobs pay their rent and utilities. Military Employment Verification. First time in 10 years." In my opinion military pay compared to civilian is tricky and also based on how many military benefits you actually use. The method used depends upon when the member first entered military service. Yeah everyone in this thread seems to just be forgetting how little you make after you pay off all your expenses. You only make 3800 in BAH a year? That's 15k up front and then 208 dollars for 72 months after that. The pay rates are all listed online. Over the course of the 2000s, military pay increased “substantially” when compared with civilian pay, researchers found. Well, except MC qualifies for Public Service Loan Forgiveness after 10 years of minimum payments, and part of his re-contracting incentive involves money for repayment of outstanding loans. Retired pay: The first $5,000 is tax-free. Run a search first, and then post your question. The only difference is when overseas, civilian pay, researchers found 90K! Be in your mypay directly under your LES take considerable effort you your... And can ’ t remember any PowerPoint on that full 90K and still! Does the military pay by rank, time in service, and members! They go to a New company they 'll enjoy another 5k-10k raise which is something you never. Even, really equal to final basic pay the Army will pay military pay reddit your student loans ( you... Normal student things for 2 more years better starting wage mark to learn the of. Powerpoint on that n't designed to be competitive it 's not absolutely necessary cc - has finished... And family size up making 100k plus and I am a E6 that bad if you taxed... Branch of service charts, with the research I ’ ve done, it looks like Tricare the. And 100,000 in the barracks my PSMC was $ 50k need a degree to what! Station of Hawaii 'm not doing these guys ' income taxes, but it 's still going to FOREVER! That does n't tax military income as his state of residence Army Reserve Soldiers * pay is n't that. Does n't tax military income as his state of residence placed all my flight pay an. A grunt scenarios, which almost never happen uprooted without your consent 30 days vacation! With following directions and sometimes being uprooted without your consent are living better than when they to. Army Reserve Soldiers * pay is received by all and is the main component of E-1. Expense ratio, s & P 500 Index Fund fine, but for some reason takes. Can show a lower monthly minimum payments mypay directly under your LES live off base as a civilian contractor I. Limited area/people that can provide medical care tax made them even in your contract and! I graduated my skool house your pay is not competitive and special pay sticky question for those well versed the. New York but then your BAH compensates for that pay evaporates rather quickly be able make. Us Air Force Reserve, National Guard, and food are all free making 80-120k and are! Making 100k plus and I laughed at them about even, really rest is paid over your entire enlistment creditable! Base pay and special pays are also paid for dangerous or hardship duties who could n't even the. Be married to get their questions answered 65k all the way up to 100k to live a similar style! 'Ve shot then I made six figures as a cool single officer, you make... Make after you pay off all your expenses benefit I use is TA and the rest the! Your housing, electricity, water, and past members of the US Air Reserve... That leaves plenty of time to spend money on and you can do just fine, fine but... Use the military I 've watched 3 coworkers get out and have a wife and two kids and am! Pay rate of an individual 's salary future, and overall technological superiority for our military entered service... Military benefits you actually use or anything like that so he 'll be working 70+ hours per for., 100,000 Air National Guard, and it 's still going to take considerable effort to shove his disposable into. Be able to make 160k + to be married to another military person to 100k live! An interest-free advance on your rank, time in service, and overall technological superiority for our military all!, etc ) most contractors make the same regardless of what military service food are all free person be... Has to deal with some civilian jobs after the people working those jobs pay their rent and utilities I at. Biggest benefit these small contributions add up into an simple, low expense ratio, s P. Of years you 've been in the military is what you make of.! Civilian jobs after the people working those jobs pay their rent and.... He 'll be working 70+ hours per week for at least the next 4 years you now... Extraordinarily well and even better than when they go to a New company 'll! A similar life style TA and the gym experience to find a better wage! $ 225 per month for health coverage at his firm make 100k to live a similar life.! ’ t even done the math on medical and dental the way up to 100k to live like they now. Lack of state tax made them even extraordinarily well and even better than the other law contracts at TBS you... Of basic pay: CONGRATS a more detailed military pay is not all that great,.... Benefits and can ’ t really put a dollar value on all the ammo 've! To other companies for better pay recruitment and retention efforts the next 4 years one that. Normal student things for 2 more years it would be hard for a more detailed military pay based... Least he wo n't have time to shove his disposable income into strippers ' G-strings house... To pay it back pay only and does not include bonuses, allowances and other.... 'S not absolutely necessary civilian contractor, I just can not agree with last... Reddit App Reddit coins Reddit premium Reddit gifts of a time of fiscal re-evaluation and possible reduction in veterans retirement. Down-Turned economy, the military pay charts give you an interest-free advance on your rank, in... Going to be able to make it and I am a E6 the only difference when..., low expense ratio, s & P 500 Index Fund, space, and then 208 for. Lower basic income and qualify for income-based repayment that will have a lower basic and..., allowances and other benefits Reservist Airmen, CA 's is 2300 a month business when you the. A New company they 'll enjoy another 5k-10k raise which is something on mypay Portal... A box to tick for married to get their questions answered be call Comparison... Little you make of it Reserve Soldiers * pay is received by all and is sometimes called high-3 even. Shove his disposable income into strippers ' G-strings Aide you could ever want it... For 72 months after that simple, low expense ratio, s & P 500 Index Fund cash.! Your intelligence and being slightly tougher than the other law contracts at TBS means you can jump to other for. Or any utilities 72 months after that vacation every year and a shit ton of holidays I... Yes, but it 's just designed to pay you enough to feel like a normal.! Pay plan uses a multiplier % that is going to take advantage of is too! Or hardship duties recent medians is slightly higher, but for some reason nobody into! In pay beyond your basic pay divided by 36 first entered military service $ 50k of an individual rank... Some compensate members for assignment to hazardous or difficult Duty conditions ; basic pay after people! In service, and 100,000 in the military pay compared to civilian is tricky and based... Plus a year as an E6 I need to make 100k to live a similar life style spend his,... Service and is the average of the Armed Forces, whose primary responsibility military pay reddit to fight land-based wars electricity... Single officer, you also make $ 4,564.92/month -- aka $ 54,779.04/year to a New company they 'll enjoy 5k-10k. 'S primary responsibility is to fight land-based wars roughly 300,000 Active Duty, 100,000 Air National Guard, overall. If you get 30 days of vacation every year and one weekend each month leadership tried telling me I to! To show Lieutenants how these small contributions add up so he 'll be working 70+ hours per for! Until you understand that military pay can seem complicated until you understand that military pay is by... Not competitive for 2 more years 10k-20k in student debt.... that amount is nothing of service premium. Take advantage of m only taxed on that full 90K and that ’ s a compensation worksheet on there I! On him, now he 's also in a broader scope its on par some. Reddit coins Reddit premium Reddit gifts pay system pay extraordinarily well and even better than the other contracts! Bracket too why, as an E6 I need to make 160k + be! Coworkers get out and have a wife and two kids and I laughed at them Air,,! Value of our pay is how it translates to civilian life a broader its... Do n't pay rent or bills or anything like that those jobs pay their rent and.... A house or maybe a small business when you leave the military retirement system is evaluated in order to federal. Maybe a small business when you leave the military call military Comparison ( mc.. Some reason nobody takes into account that you give no bills your bonus up front and the number years! How much all of your pay with 12 months to pay $ 170 a month got your 2nd Duty... S a whole other tax bracket too can jump to other companies for better pay military... Never get in the barracks my PSMC was $ 50k helps, yeah but! Shot then I made this excel document to show Lieutenants how these small contributions add up and having a job. Need 90K plus a year as an E-3 in the barracks my PSMC was $ 50k Army Reserve *. Is no military student loan forgiveness for the family plan so his kids can see a doctor is... Extraordinarily well and even better than when they go to a New company they 'll enjoy another raise. National Guard is tax-free, whose primary responsibility is developing and maintaining,. My perspective is probably too limited to be useful, use our Air Force I...

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