Mongoose
02-03-24, 01:54 PM
Basic pay (https://www.military.com/benefits/military-pay/basic-pay) varies depending on your paygrade/rank, along with the number of years you have served.
For instance, in 2024, an enlisted service member with a paygrade of E-1 will receive $2,017.20 per month in basic pay. Meanwhile, a more senior enlisted person with a paygrade of E-6, who has more than a decade of service, will earn $4,387.80 monthly.
Officers are paid more. A new officer's basic pay begins at $3,826.20 in 2024, while a more senior officer with a paygrade of O-4, having served more than 10 years, will receive $8,684.10 monthly.
Basic pay is a service member's primary compensation. But your paycheck is also likely to contain several tax-free allowances (https://www.military.com/benefits/military-pay/allowances) as well as special pay (https://www.military.com/benefits/military-pay/special-pay) based on your duty station, qualifications or military specialties. All of these things are part of normal military pay, salary or compensation.
Most allowances are non-taxable, so they can contribute to a significant portion of your paycheck. For example, the Basic Allowance for Housing (BAH) (https://www.military.com/benefits/military-pay/basic-allowance-for-housing) is excluded from gross income for tax purposes.
For instance, in 2024, an enlisted service member with a paygrade of E-1 will receive $2,017.20 per month in basic pay. Meanwhile, a more senior enlisted person with a paygrade of E-6, who has more than a decade of service, will earn $4,387.80 monthly.
Officers are paid more. A new officer's basic pay begins at $3,826.20 in 2024, while a more senior officer with a paygrade of O-4, having served more than 10 years, will receive $8,684.10 monthly.
Basic pay is a service member's primary compensation. But your paycheck is also likely to contain several tax-free allowances (https://www.military.com/benefits/military-pay/allowances) as well as special pay (https://www.military.com/benefits/military-pay/special-pay) based on your duty station, qualifications or military specialties. All of these things are part of normal military pay, salary or compensation.
Most allowances are non-taxable, so they can contribute to a significant portion of your paycheck. For example, the Basic Allowance for Housing (BAH) (https://www.military.com/benefits/military-pay/basic-allowance-for-housing) is excluded from gross income for tax purposes.