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What is the pay and benefits for army?

#finance #army #military pay for combat jobs.

finance military army
Thank you comment icon Good day Aidan, Here are the main benefits: https://www.military.com/join-armed-forces/military-benefits-overview.html. Good luck! Wayne Archibald
Thank you comment icon Thank you! This was helpful, much appreciated. Aidan
Thank you comment icon Here is another place to start and should help answer any questions you may have https://www.goarmy.com/benefits.html Gregory Bass
Thank you comment icon You can always check out this site too. Shows for more services than just the Army. https://militarypay.defense.gov/ Joshua Daugherty
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A. I.’s Answer

Hi Aiden!

The military is a great starting point whether short term or long term.

First, if you are think about being Enlisted- meaning you will be entering into a technical trade, here is the military pay chart- starting out at E1 if you have no prior college and starting at E3 if you do have prior college experience:

A. I. recommends the following next steps:

https://www.dfas.mil/MilitaryMembers/payentitlements/Pay-Tables/Basic-Pay/EM/
If you have a college degree, here is the pay chart: https://www.dfas.mil/MilitaryMembers/payentitlements/Pay-Tables/Basic-Pay/CO/
So those are all your “base pay”
Then you would have to calculate all of your benefits as mentioned already. The average cost of healthcare is $500 a month, which is free for military, so add that to your base pay.
There are also tons of other free benefits you won’t have to pay for, like school. If you deploy- which you will in the Army there is all types of special pay for deployments.
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George’s Answer

The pay for lower-ranking Service Members is not great. A quick google search about military rank and pay grades will give you an idea. When the BENEFITS are added in - it becomes a big deal. Some of the benefits: tuition assistance, enlistment bonus, training, and experience in your Military Occupation Specialty (MOS), free college credits for your military training,... There is often additional money for "Basic Allowance for Housing (BAH), and Basic Allowance for Subsistence (BAS), if you are transferred to a different location moving is paid for. In deployment, there is more extra pay and benefits, like the GI Bill earning time in college education.
Moving up rank = more income. After 20 or more years of service, Medical insurance coverage for life is a BIG DEAL. A Pension and an awesome retirement fund with matching money are offered. Discounted entertainment, national parks, etc... , "Space-A" travel all over the world -free. 10% off at Home Depot. Employers often prioritize Service Members for employment, especially GREAT Federal jobs. FREE counseling services, employment services, assistance from a Financial Counselor (like me), Youth and Family programs, child care subsidy,... Leadership skills acquired in service are PRICELESS in the civilian world. Add in things like pride, service to country, the accomplishment of something bigger than yourself, honor, integrity, teamwork, resiliency, work ethic,
... and the respect of this citizen - and most others in this country and around the world.

I look back and regret not serving. If I would have had someone tell me all this, and more, I think I would have joined - with no regrets.
Thank you comment icon Thank you, this was helpful Aidan
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