Military members have unique financial advantages, from tax-free allowances to special savings plans. Here’s how to maximize your earnings and benefits:
- Tax-Free Allowances: BAH (Basic Allowance for Housing) and BAS (Basic Allowance for Subsistence) are tax-free, effectively boosting your take-home pay.
- Combat Zone Tax Exclusion (CZTE): If you’re deployed to a combat zone, your base pay may be tax-exempt, saving you thousands annually.
- Military-Specific Perks: Programs like SkillBridge can provide civilian work experience before transitioning out of service, while Tuition Assistance (TA) helps fund education.
