2025 USAA Military Pay Deposit Dates Updated: January 5, 2025 With a USAA bank account, you can receive your military pay up to two days earlier than usual. Military pay dates are generally the 1st and 15th of each month, except when they fall on weekends or holidays. While the USAA’s...
Military Retiree COLA Watch Updated: October 16, 2024 The Social Security Administration announced the 2025 cost-of-living adjustment (COLA) rate would increase by 2.5%, meaning inflation is cooling across the nation. This follows years of historically high inflation statistics, and thus, higher COL...
Here’s how the lump sum is calculated: First, the federal government takes the full monthly pay available to a retiree and reduces it by a percentage that changes yearly. For 2024, it’s a 6.26% cut. Then retirees can take either 25% or 50% of that smaller pot as a s...
I plan on retiring in Dec 2023. Reply Ryan Guina Terry, buying back military time as an active duty retiree is possible. However, you can only count your active duty military time toward military retirement OR federal civil service retirement. Your time can’t count toward both. You can ...
One retiree contacted Military Times to say he’s been shopping at commissaries for more than 50 years, “and from what I can see, prices are noticeably going up!” The savings depends on the item, as well as the region. For example, there are more than 900 items in the commissary...
From 1990 through 2023, 730 individuals with U.S. military backgrounds committed criminal acts that were motivated by their political, economic, social, or religious goals, according to data from the new START report. From 1990 to 2022, successful violent plots that included perpetrators with a ...
and to sell their perishable items with quickly approaching sell-by dates. That’s not the case at the commissary. Instead, manufacturers themselves decide what goes on sale. So if DeCA pays $2.59 for a box of cereal instead of its usual $3.89 price, that’s the price you pay as well...
If you are an active duty retiree, you should continue to be eligible for Tricare benefits. These benefits differ slightly from active duty benefits, as you will have to enroll and pay a small annual fee for family members. But the plans are close enough to the active duty plans that the...
retiree health care benefits is a huge advantage for many federal employees. Eddie is clear to note that early retirees under a RIF do not have to pay the COBRA health care costs, but will pay the same amount as federal employees, making early retirement a nice option for many service ...