If passed, the Service Members Tax Relief Act would eliminate federal income tax on all active-duty and reserve pay, as well as military bonuses.
If you rely on military retirement income, discover the 13 states that continue taxing those benefits and what that means for your future retirement plans.
If you’re a Veteran, you may want to think twice about where you choose to retire. You can’t avoid paying federal tax on your military retirement pay since the IRS taxes that income as a pension. But ...
Arizona, has introduced bills to end the federal income tax on military pay and veterans’ retirement benefits. Hamadeh said he promised voters that he would assist U.S. service members and military ...
As shutdown aftershocks continue, MOAA works to protect what those in uniform have earned from future funding lapses.
Military retirees and disabled veterans will receive 2.8% increases to their monthly paychecks for 2026, thanks to the annual Cost of Living Adjustment, or COLA, tied to inflation. The 2.8% raise for ...
All active duty military and 400,000 civilian workers are currently serving without pay due to the government shutdown. This comes a day after Defense Secretary Pete Hegseth addressed military leaders ...
Serving in the military comes with financial perks such as special duty pays, bonuses and tax-free income while serving in combat zones. When that extra money is coming in, it can feel like a mini ...
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